Posts with tag auctions

It will take more than three years to sell all the properties having loans that are seriously delinquent, in foreclosure or under REO, says a recent report. This shadow inventory, coupled with a lethargic buying crowd is affecting sellers -- from owners of low-end homes to luxury mansions -- who can't move their... Continue Reading »

While there was a decrease of 3 percent in the number of foreclosure filings reported in June from the previous month, and a 7 percent decrease from June 2009, the number of filings topped 300,000 for the 16th straight month. Foreclosure filings were reported on 313,841 U.S. properties in June, according to... Continue Reading »

With the real estate market not exactly what one would call healthy, sellers are looking for innovative ways to -- how should I put this gently? -- unload their property. Across the country, there is growing acceptance of the auction process, even among luxury developers. In Boston, for example, several high-end condos... Continue Reading »