Archive for December, 2007

Yellow Apricot Online Property Auctioneers

Monday, December 31st, 2007

Yellow Apricot is the only wholly online Property Auctioneer in the UK . Traditional property auctions occur in posh hotels or halls and you have to travel to the Auction Venue on the advertised date in order to manually bid on the property that you are interested in.
Using Yellow Apricot as your Auctioneer, you [...]

43 South African houses sold in one day at auction

Monday, December 31st, 2007

A RECORD 43 houses were sold in one day during an auction in George earlier this month when a timeshare contract for homes in Sedgefield and Plettenberg Bay came to its end.
Auctioneer Louis van Rensburg said at the weekend that the homes went for an average R1,19-million apiece, putting a final R43 860 000 in [...]

Auction of Marsh properties brings about $12M

Thursday, December 27th, 2007

New York-based RCS Real Estate Advisors sold 25 Marsh Supermarkets-owned properties in the Indianapolis area for about $12 million at a recent auction. The proceeds will be used to remodel and improve Marsh’s existing stores.

Arizona State Land Department land parcels for auction

Tuesday, December 25th, 2007

The Arizona State Land Department has two auctions upcoming in early 2008 affecting the Northeast Valley.
The latest to be announced is an irregularly shaped parcel in the Desert Ridge area, northeast of the Loop 101 and Tatum Boulevard.
The other is the shopping center site in Paradise Ridge, southwest of Thompson Peak Parkway and [...]

New UK property auction group launched

Friday, December 21st, 2007

A group of Tyneside businessmen have come up with a solution to help boost the flagging property market.
Jonathan Netts, Simon Van Der Velde and Martin Schapira have launched the auction group in a bid to help both estate agents and owners move their properties faster.
Further details about The Auction Group are available from www.theauctiongroup.org or [...]

Kenny Wilson Auctions California Homes

Friday, December 21st, 2007

Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted a special close out auction of 31 new homes in the gated community of Westwind in Oxnard, California on December 2, 2007. The homes featured classic Spanish traditional style architecture with private yards, and are located a [...]

Prince George National Hotel auctioned for $550,000

Wednesday, December 19th, 2007

The National Hotel was sold for $550,000 when it went on the block at Ritchie Bros. Auctioneers on Tuesday.
Ritchie Brothers real estate services manager Kieran Holm declined to name the purchaser but said the bidding lasted 15 to 20 minutes.
The First Avenue building, which holds 32 rooms, a 56-seat restaurant and 186-person nightclub, and includes [...]