Where's the Turn Around?

I have not seen any signs of the real estate market turning around locally. All of the property and houses that have been for sale around me are still for sale. The house next door went into foreclosure and is now listed for $250 thousand. That is really amazing, the price is 100 thousand less than it sold for before the bubble in 2001. My friend was telling me about Corolla foreclosures and says they are higher than ever. I hope the market changes soon.