YBK [Part 4]: Massachusetts, the state that has had the highest growth in real estate prices in the nation since 1980, as well as one of the lowest bankruptcy rates, has experienced a 28% increase in foreclosures over the past so far this year. If a meltdown is going to take place in the fall, than Massachusetts will be the canary in the coalmine.

BTW, the oft-mentioned chart relating home values, bankruptcy filings and voting behavior in the 2004 Presidential race is here. Have fun with it. My previous YBK posts are here, here and here.