There is a relationship between the 400K who lose their jobs each week in this country and foreclosures which continue to pile up Were they to release the millions of distressed homes on banks books (none of which appear in any MLS database) you would see home prices nose dive. NY state banking authority estimates 30% of all NYC single family dwellings are seriously delinquent,a staggering 35% in Long Island.http://www.businessinsider.com/keith-jurow-us-housing-recovery-mirage-2….