1.7 Million: Number of Homes in Some State of Foreclosure

We spotted this today:

"There are nearly 1.7 million homes in the U.S. in some state of foreclosure. Banks already own some of these homes and will soon repossess many more."

Read more: http://curiouscapitalist.blogs.time.com/2011/08/01/bulldoze-the-new-way-to-foreclose/#ixzz1Tw2tBKX0