MIAMI, FL - NOVEMBER 10: Renzo Salazar, from Real Signs of Ace Post Holding Inc., places a bank owned sign on top of a for sale sign in front of a foreclosed home on November 10, 2011 in Miami, ... more 
MIAMI, FL - NOVEMBER 10: Renzo Salazar, from Real Signs of Ace Post Holding Inc., places a bank owned sign on top of a for sale sign in front of a foreclosed home on November 10, 2011 in Miami, Florida. RealtyTrac reported that foreclosures were up 7 percent in October from the prior month as defaults in California, Florida and Michigan hit 12-month highs. (Photo by Joe Raedle/Getty Images) less 
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Getty Images | Photo By Joe Raedle / Getty Images
Thu, Nov 10, 2011 2:56 PM EST