If you read the financial news then you're probably aware of the meltdown of the various sub-prime lenders that is taking place in the equity markets. The blog entries on specific properties on this blog and the foreclosure trend are directly linked to the financial problems the mortgage industry are having are directly related.
Foreclosure.com has a large number of properties showing as newly foreclosed. There are also a handful of new pre-foreclosures listed as well. Enter to see more information enter the zip code on foreclosure.com and browse around. They offer a free trial which will show more detailed information.