Is Your Home Value Effected by Foreclosures?

Over the last several months housing prices fell slightly, dipping 0.4 percent from December on a non-seasonally adjusted basis. However for the remainder of this year I wonder what the high foreclosure rate will do to home prices. Most likely if you live in neighborhoods that have a high rate of foreclosures there is a good chance it will. http://bit.ly/aL6bol