'We haven't seen anything yet' real estate market in free fall

"And the pace appears to be quickening. On Long Island and Queens, there are now 4,300 homes on the market listed as short-sales, a 30-percent jump from a year ago, according to the Long Island Board of Real Estate's Multiple Listing Service.

• "There's no question there's an upsurge in short sales now,
  

• and we have not seen anything yet,"
  

said Mark Boyland, an associate broker with Keller Williams Realty, who says half his business now is short sales."...from NY Post, "Go short, " New Yorkers rush to avoid foreclosure, 5/9