Bloomberg has an article about a very significant increase in the number of properties scheduled for foreclosure auction in both Miami-Dade and Los Angeles counties.

“The number of foreclosure sales slated in Los Angeles jumped 63 percent in the second quarter from the first quarter. The figure rose 28 percent in Seattle, 20 percent in Miami and 5 percent in New York.”

While it’s not necessarily a nationwide trend, it does indicate that the foreclosure volume certainly hasn’t peaked quite yet.