The house across the road from us went to auction today. It's a 3-bedroom, 2-bath, about 1700 square feet, on 6.67 acres. It is a cosmetic fixer-upper--no gross mechanical problems. It shares a well, and is on septic, and has a large workshop that is quite high inside (enough for an RV) along with a 2 1/2 car garage. The views aren't quite as nice as mine, but still pretty nice.
The minimum bid was $50,000, so I showed up for the auction, on the off chance that no one showed. But there were several bidders. The neighbors and I were standing around, guessing what it would fetch. When times were good, it sold for about $180,000. I thought perhaps $150,000. Someone else thought $125,000. The winning bid? $93,000.
Today we had a record low yield on 10 year Treasury bonds, because our government obligations are so much safer than Europe's (wow!)