The wonderful, booming economy that the liberal media doesn't want to give the Republicans credit for:

...Nationwide, more than 300,000 properties entered foreclosure during the 3rd quarter -- up 43 percent from a year ago.

"Somewhere between 1.2 and 1.3 million properties will end up in some state of foreclosure over the course of 2006," says Rick Sharga of RealtyTrac, a properties listing company....

"There's north of a trillion dollars in adjustable rate mortgages that are going to reset over the next 15 months," says Sharga. "And what that means for the average homeowner is an increase of between 20 and 50 percent of their monthly mortgage bill." ...

While the emotional toll of foreclosure is personal, the financial impact is shared. You can expect your home value to drop $10,000 or more if a neighbor defaults....

Experts CBS News spoke to agree: predicting foreclosures will climb through -- at least -- the end of next year....