Where the F is the tsunami?

Ok it's been a few weeks since the supposed tsunami of foreclosures was supposed to start rolling ashore. Where the hell is it. I saw a minor uptick in the amount of listings hitting the market early in the month (But last week was dismal). Record foreclosures is all I see in the headlines. Yet the inventory level is squat and what is out there is either trash or priced so ridiculous it's not worth looking at. I was planning on starting up my hunt again come the end of the month. So lets go banks, foreclose already and lets get those homes on the market.