Five more homes sold at foreclosure auction

The scene in the lobby at the Shelby County Courthouse was the same as usual for Todd Davis on Thursday.

Davis, who is the master commissioner for the Shelby Circuit Court, presided over the sale of five homes at auction.

The reason for the auction?

Foreclosure.

A dreaded word among homeowners, it's all-too familiar to too many families.

Since the foreclosure auctions began in Shelby County in 1996, Davis said 2008 has seen a record number of residential foreclosures, with 150 already this year, compared to 120 last year.

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