First quarter record for foreclosures.

[badmomma]

I believe it and I do expect to see a lot more people
loose their homes. We have all been doing a balancing
act with our finances.

Home foreclosures and late payments set records over the first three months of the year and are expected to keep rising, stark signs of the housing crisis' mounting damage to homeowners and the economy.

Associated Press

First quarter record for foreclosures.

Looks like we have gone way off balance with little chance of
getting things back where they need to be. I don't know what
we are supposed to do.

[missmanors]

This is truly a bad situation with the housing market. Yesterday I was driving through a small town in my area, and noticed that in a 3 block area, almost every-other house was for sale. It would be nice to think that these homeowners are moving to a more affluent neighborhood, but that thought didn't even cross my mind at the time. People just can't afford to keep the payments up these days. I don't know what we are supposed to do either.