Foreclosures are up over 80 percent in 2008 that is a 225% increase over 2006.

I smell opportunity. According to RealtyTrac 2008 U.S. Foreclosure Market Report, foreclosure filings were up 81 percent in 2008,
Default notices, auction sale notices, and bank repossessions seem to be everywhere. There were 3,157,806 foreclosure filings, reported during the year, an 81 percent increase in total properties from 2007 and a 225 percent increase in total properties from 2006, according to the report.

1/54 homes filed for foreclosure.

November 2008 to December 2008's foreclosure filings were up 17 percent, and more than 40 percent from December 2007.

The top ten states for foreclosure rates in 2008 were Nevada, Florida, Arizona, California, Colorado, Michigan, Ohio, Georgia, Illinois, and New Jersey.

The greatest number of foreclosure filings was in California, up 110 percent from 2007. Florida, Arizona, Ohio, Michigan, Illinois, Texas, Georgia, Nevada and New Jersey completed the rest of the top ten in total foreclosures.