By Noah Haglund - Herald Writer - Snohomish County, WA
EVERETT -- A feeding frenzy. That's what some seasoned onlookers call the weekly foreclosure auctions in front of the Snohomish County Courthouse.
The spectacle takes over the open space around a cluster of war memorials every Friday morning.
This week, it started with 30 or more people, a half-dozen of them "criers" who read legal descriptions of homes and land that have gone into foreclosure. A few investors circled the crowd, sniffing out profitable morsels to gobble up.
"These are the great whites; they're watching this stuff," said Tim Hiegel, a broker who set up his portable office on the periphery, pointing out regulars among the crowd.
Read the rest of the story:
Each week, sharks feed on county's foreclosed homes
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