Talking about US housing market, it seems that it hasn't improved.
Here is a latest news on foreclosure rate in the US.
US banks foreclosed on 382,000 homes in the third quarter, a 31.2% spike from the previous quarter, according to the Office of the Comptroller of the Currency.
Foreclosures increased 3.7% from a year ago, and more are coming. There are 1.2 million homes in the foreclosure process as of the end of the third quarter, up 4.5% from the previous quarter and an increase of 10.1% from a year ago
Considering the above, there is a chance that it still worsens from now on.
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