Foreclosures up 112%

It's hard to belive but "one out of every 194 U.S. households received a foreclosure filing in the first three months of 2008, according to the latest figures released Tuesday by RealtyTrac." I really thought this foreclosure thing was overblown but I could be wrong.

http://rss.cnn.com/~r/rss/money_topstories/~3/279964560/index.htm