Sellers Put Their Homes on Auction Block (March 15, 2006) -- The National Auctioneers Association reports that it’s doing a booming business auctioning residential properties. In 2005, it auctioned off $14.2 billion worth of residential property in live auctions, a 24 percent increase over 2003 sales.

(March 15, 2006) -- The National Auctioneers Association reports that it’s doing a booming business auctioning residential properties. In 2005, it auctioned off $14.2 billion worth of residential property in live auctions, a 24 percent increase over 2003 sales.