A national foreclosure information service indicates that properties entering foreclosure during March 2006 increased sixty-five percent (65%) over March 2005. http://rismedia.com/index.php/article/articleview/14241/1/1/ That was less of an increase than the previous two months records, but the âimprovementâ was attributed to traditional spring buying increases that allowed some about-to-be-foreclosed properties to be sold. No distinction was made about different types of property (and certainly not to homesteads per se); however, the great increase in numbers of properties in foreclosure is disturbing (or alarming). The real estate sales industry is also reporting increasing time-on-market and increasing inventory of unsold properties in many areas (other not-so-good indications). Colorado, Georgia, Florida, Utah, Ohio, Michigan, Texas, and California were mentioned as states with high numbers of properties entering foreclosure. There are many who claim that high real estate prices of the past few years will remain high and buying will continue (i.e., the market and prices are stable). I differ with that opinion. A person who is heavily in debt for their real estate (particularly with adjustable rate, low down payment, or interest only mortgage) is particularly vulnerable and could quickly find themselves in foreclosure with any downturn in the economy, income loss or increasing prices for essentials. Perhaps homesteaders are more likely to do everything possible to hang on to their property than someone who owns a âcookie cutterâ house in town (and who might be able to rent something similar with little difficulty), someone who owns a vacation home (which can be âsacrificedâ if necessary), or someone who owns speculation or rental homes (who might withstand a âbusiness lossâ without endangering their own home). What can be done to protect oneâs homestead? Short of paying off the mortgage (an impossibility in most cases) perhaps one could make a real effort to set aside enough money (or something quickly and surely convertible to money) to make several or many mortgage payments even if regular sources of income disappear. This is NOT a prediction of doom or a âsky is fallingâ scenario, but it is a recognition that economic changes ARE occurring (as those whose property is presently in foreclosure have discovered). Perhaps it would be wise to give the matter some consideration.