"HK" wrote in message
...
Apparently the south west coast of Florida is "foreclosure central," with
a higher percentaqe of home foreclosures than anywhere, coupled with an
unemployment rate above 10%.

I wonder how long it'll be before those "waterfront" homes are going for
20 cents on the dollar?

Doubtful. Their value is down and speculators are grabbing them up.

Eisboch