Foreclosure stats according to MBA:

Foreclosures in California and Florida increased (accounting for 39% of the total foreclosures started in the second quarter), offsetting the improvements in Texas, Massachusetts and Maryland.
There were 8 states that exceeded the national average: Nevada, Florida, California, Arizona, Michigan, Rhode Island, Indiana, and Ohio.
for the full story, click here: MBA
So, have we hit the bottom? Who knows? Just buy extra candy for the kiddies this year ...
Halloween is going to suck this year!
