Archive for May, 2007

Auction of Nearly 200 California Homes Offers Bargain Buying Opportunity

Wednesday, May 30th, 2007

Press Release
Rising foreclosures combined with an already weak housing market nationwide make it a perfect time for homebuyers to find bargains. As more foreclosures add to the glut of homes for sale each month, consumers are increasingly turning to real estate auctions to take advantage of the market slowdown.
Over 200 southern California homes located in [...]

U.S. existing home sales fell 2.6 pct in April

Sunday, May 27th, 2007

The pace of existing home sales in the United States fell in April to a 5.99 million-unit annual rate while inventories swelled, the National Association of Relators said in a report on Friday that showed more weakness than analysts had expected.
Sales were off 2.6 percent in April and hit their lowest level since June 2003.
The [...]

Bridgeport sells off 11 properties in auction

Saturday, May 26th, 2007

City officials said Friday that 11 lots will be sold for a total of $403,000, provided that bidders complete the transactions within the next month.
Total proceeds generated by the series of auctions, comprising the sale of more than 110 properties, has now grown to about $3 million, officials said. The series was launched in January [...]

Big Horn resorts for auction

Thursday, May 24th, 2007

Four resorts in the Big Horn Mountains will be on the auction block at the end of June, and only one has a “reserve” price that must be met in order for it to sell. Deer Haven, Meadowlark and the Big Horn Ski Resort will all be sold to the highest bidder in a sealed [...]

UK airfield to be auctioned

Wednesday, May 23rd, 2007

Condover Airfield, near Shrewsbury, comes complete with former runways and a control tower. The tower, which opened in 1942 for use as a fighter satellite watch office, is included with nearly 104 acres of land at Little Berriewood Farm, Condover.
All plots on the land are being sold in seven lots by Shropshire agents Halls.

43 building lots for sale on June 18 in Berkeley

Wednesday, May 23rd, 2007

Forty-three building lots will be offered for sale at 1 p.m. June 18 at the municipal building at 627 Pinewald-Keswick Road.
The property is advertised in a glossy brochure prepared by Max Spann, a real estate brokerage firm based in Clinton. The brochure refers to the sale as the “Great Land Auction” and offers potential buyers [...]

Centrum auction brings $7.3 million in bids

Tuesday, May 22nd, 2007

An auction of 16 Oak Lawn high-rise condominiums on Sunday brought about $7.3 million in bids, with the highest bid $815,000 and the lowest, $290,000.
About 100 people showed up for the auction of the Centrum Tower units at 3111 Welborn St. at Oak Lawn Avenue and Cedar Springs Road.
Twelve units were sold “absolute,” meaning the [...]