What do you see in your housing market this weekend? Auctions? "Land, lofts and houses are ending up on the auction block as Metro Detroit homeowners and developers try to quickly clear hard-to-move inventory in the face of a cold housing market."

"The bulk of the Terra Land Group's auction comes from the Town Commons development in Howell and the Copper Leaf subdivision in Genoa Township, including 80 lots and 10 houses. Three of the houses on Terra Land's auction block will be sold no matter how low the final bid.'

In Michigan. "In Livingston County homeowners seeking more than $200,000 for their homes are experiencing losses, real estate agents say. Jim Roth, a Realtor with the Michigan Group, said it is not unusual for homeowners to experience a 20 percent to 25 percent loss on homes priced above $200,000."

"One couple whose home was on the market for two years at a listing of $419,000 recently sold for $322,000. 'That is not unusual,' Roth said. 'We're seeing 20 (percent) to 25 percent less in the selling price than what was listed. It's a buyer's market.'"

In New Hampshire. "Signs of the return to earth, or at least lower elevations, are abundant along the roadsides in the area where For Sale signs are more likely to say 'price reduced' or '`newly priced' rather than 'under agreement' or 'sale pending.'"

"John Bridges says he's suggesting to some sellers who have been 'a little enthusiastic' in their pricing that a buyers' market is taking hold and that dropping the asking price or waiting out the cyclical decline are their best options. He says that asking prices have been dropping something on the order of 8 to 10 percent over what they were last year.'

"A high profile housing analyst says the temperature of Toronto's red-hot house housing market is set to drop,- and soon. Analyst Will Dunning thinks the party is over. Weaker employment growth, and a glut of new condos in the GTA, mean the value of homes could be set for a slide. 'It's not a bad thing,' he told 680news."

From Hawaii. "Fall has cast a chill over the residential real estate markets on Kauai and the Big Island, which saw both median home sales prices and sales volume lag last month as demand for properties paled. Phillip Fudge, a real estate agent in Kapaa, said real-estate flippers have mostly left the Garden Isle as prices have moved high enough where it's hard to make short-term gains on resales, he said."

"'I'm hoping that the downturn is just a seasonal thing, but I'm afraid that most of our investors were from the mainland and if their markets have been impacted it impacts us here as well,' Fudge said."