Real Estate Journal - "Sellers Give Auctions a Try As Housing Market Slows" (8-17-06)

"Auctioneers, long confined to the margins of the U.S. home-selling business, report a surge of demand since housing markets along the East and West coasts began stalling a year or so ago. They say auctions provide a quick exit for people who might otherwise wait months or years for a buyer to come along. But the costs of holding an auction are often steep, and the bidding can deliver crushing results: Homes may turn out to be valued at far less than their owners figured."