It's estimated that 7 million new foreclosure properties are about to hit the market, according to analysts at Amherst Securities Group LP. The New York-based mortgage-bond analysts called that number - which is about five-and-a-half times larger than 2005's national tally of delinquencies and foreclosures - a "huge shadow inventory" that threatens to further destabilize a housing market that had shown signs of righting itself over the summer.
 
Source:  Adam Weinstein, DSNews.com