I believe it….3 on my street and 8 others in the neighborhood. Out of those, only 1 person bought at the high and another, the owners died-family doesn’t want the house…the other houses were where people kept pulling the equity out. Houses that were originally purchased 97k-140k are now underwater to the tune of 250-450k.
None of the houses are going at auction because the opening bid price being 40-100k over what Zillow says it’s worth. In some cases, the houses have been vacant or stripped and the Zillow price it totally over what the house is worth.