Mad About Foreclosure

http://thisismylife.co.uk - Bargain hunters attended a New York City auction in the hopes of buying one of the 375 homes up for bid and prices said to be at least 50 percent off. The slumping economy has invigorated the auction firm, which auctioned off almost 33,000 foreclosed homes last year, a record, for $3.5 billion dollars. Fred Katayama reports.