CHESSNOID

The stock indexes all moved lower in the last hour but closed better than their lowest lows for the day.  Watching the market with the release of more 12,000 layoffs form AT&T and other smaller companies puts the recession back as the headline news maker.  The big 3 automakers made another bailout pitch as they [...]

Foreclosures are still on the rise and continue to break inventory records.  The state I live in (California) has been especially hit hard and is still taking major hits every month.
According to CNN.Money:
In some areas virtually all sales are REOs. Four out of every five listings in Stockton, Calif. for instance are foreclosures.
“The traditional market [...]