Andrew Stelzer: Radio & Print Journalist

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

A trip to a foreclosure auction run by auction.com.  With the US years into a major foreclosure crisis, the company has done quite well, and continues to grow.  So are these auctions helping reunite people with homes, or simply continuing the speculation cycle?

This story originally aired on KQED’s California Money in December 2010.