News Round-Up, 10/6

• Online foreclosure auctions are about to launch in Florida and could be a nationwide offering soon. This is a very, very bad idea. [L.A. Times]
• …But, as long as you do your research and have the stomach for it, attending a foreclosure home auction in person can actually turn out quite well. [WashingtonPost.com] 
• Turns out the sub-prime mortgage debacle has been brewing for a bit longer than we thought. [Snopes.com] 
• This argument against the bailout – which believes that hyperinflation will follow and result in the U.S. splitting apart, with cities descending into anarchy – seems a bit, um, dramatic. [Baltimore Housing Bubble] 
• I’m not the only one who thinks the market will experience a little spike after the new administration comes to town. Check out this interview with GMU’s Director of the Center for Regional Analysis, in which he discusses how the DC housing market will be affected by the bailout. [Urban Turf DC]