auction - Articles

Foreclosures Fall 25% in July from a Year Ago

AP NEW YORK -- There were fewer U.S. foreclosures in July than a year ago, while properties in the foreclosure pipeline also fell as the housing market continued to improve, according to data from CoreLogic. There were 49,000 completed foreclosures last month, down from a 65,000 in July of last year, CoreLogic (CLGX) said... Continue Reading »

Good News for Homeowners: Fewer Foreclosures in June

Matt York/AP NEW YORK -- U.S. home foreclosure filings tumbled in June to a 6½-year low, a further sign the housing market is getting back on better footing, a report from RealtyTrac showed Thursday. Overall, 127,790 properties had foreclosure filings last month, down 14 percent from May, and down 35 percent from a... Continue Reading »

'Bellagio La Villa,' Australian Mega Mansion, Going on the Auction Block

Things you can get at an auction: A 27,415-square-foot mansion in Queensland, Australia, with horse stables. And a gym. And a heated indoor swimming pool and spa. That's a pretty awesome auction. This 44-acre estate, dubbed the "Bellagio La Villa," seems to be the subject of a nasty split: Owners Paul and Viki Sweeney,... Continue Reading »

House of the Day: Kenny Rogers' Estate on Auction Block

Kenny Rogers' house is up for auction. "The Gambler" is taking a gamble with a no-reserve, no-minimum absolute auction on his 150-acre lake house estate in Athens, Ga. The property, which was designed by Rogers himself, was previously listed for $3.5 million. And it's quite the place. There's a private eight-acre... Continue Reading »

New 'Real Housewives' Cast Member Facing Foreclosure

First Lynne Curtain gets evicted at the end of the last season, and now this. As fans of the Real Housewives of Orange County get to know the newest member of the franchise's original show, Peggy Tanous, pictured left, she might be more preoccupied with the fight to keep her Irvine home than her newly-found time in the... Continue Reading »

Times Square Bomber's Home Auction Fizzles

Confessed Times Square bomber Faisal Shahzad may be infamous for an attempt to detonate a car bomb in Manhattan's busiest plaza, but the foreclosure sale of his former Connecticut home ended like most auctions these days -- back in the hands of the bank. At this past weekend's foreclosure auction, no one countered the... Continue Reading »

Conseco King's Sprawling Indiana Mansion Up for Auction

A 55,000-square-foot mansion set for auction next month would easily fetch the $9.9 million previous asking price if it were in Carmel, Calif., instead of Carmel, Ind. But there it sits in Indiana, a 36-room home called Le Chateau Renaissance, built by Conseco insurance company founder Stephen Hilbert and his wife,... Continue Reading »

Baltimore Home Auctions Make Luxury Living Affordable

Baltimore seems like a cool place, the gritty bits from "The Wire" and John Waters movies notwithstanding. And now you can live there in the lap of luxury for a pittance, compared to some high-priced real estate markets like New York and San Francisco. Because Baltimore's luxury market took a dive in the recession, 11... Continue Reading »

Eames Auction Called Off

The bidding is off for Lot 733, a private collection of Ray and Charles Eames photographs, clippings, negatives and other material collected for more than three decades by their official archivists, John and Marilyn Neuhart. The archives of the late iconic furniture designers, estimated to be worth $200,000, was to be part... Continue Reading »

Nicolas Cage Auction Is A Dud

Ouch. Nicolas Cage's Bel Air home had no bidders at a foreclosure auction held at the Pomona courthouse yesterday, reports Luxist. His Malibu properties -- hundreds of acres prime for development -- were also auctioned at a separate liquidation. No takers there either, reports TMZ. As his debt and real estate woes drag... Continue Reading »

Nicolas Cage Bel Air Home on Auction Block

Nicolas Cage will soon say good-bye to another home. Come 10:30 a.m. April 7th, he is set to lose his gorgeous Bel Air mansion in an auction to be held at the Pomona courthouse. This is only one in a string of homes the actor has lost thanks to his inability to manage his personal finances. Cage bought the house in 1998... Continue Reading »

Eames Design Archives go to Auction. Maybe.

Eames collectors: Start your bidding. If a proposed auction of one of the largest private collections of Eames material takes place as planned on April 8, that is. The Eames name is synonymous with mid-century modern furniture. More than 100 binders of photographs, clippings, negatives, copies, and other records related... Continue Reading »

Nicolas Cage is Leaving Las Vegas

Nicolas Cage continues to shed assets like a stripper loses clothes. The financially strapped actor, who is selling off properties to ease his IRS woes, just knocked another one off the block. A 14,306-square foot luxury Las Vegas property he lost to the bank recently is now in escrow and expected to close on Wednesday,... Continue Reading »

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