<p>Give it time reason. The bidding frenzy will die out also, of those 17 bids, how many weren't real? The current auction put on by the likes of REDC, IMHO, are a shame. Shill bidders, unqualified buyers, bah, who needs it. That's how this mess got started by allowing anyone with no means to afford house, bid on an and "buy".</p>
<p>It'll take another year, maybe more. Then the auctions will be sparsely attended mainly by professionals with deep pockets. Right now, buying foreclosures is the hot thing. I'm waiting for TLC or A&E to come out with "Foreclosure Pros" this summer or maybe "Foreclosure Hunter" or "Foreclosure Shark".</p>
<p>Eventually, that money will run dry too and literally, the only people left doing it will be the same ones that did it in '95.</p>
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