Auctions, Auctions, Auctions
Looks like developers and buyers are warming up to this whole auction thing. Thirty six units will be auctioned off on December 5th from the Avaview in Crown Hill, Sunrise on [...]
Looks like developers and buyers are warming up to this whole auction thing. Thirty six units will be auctioned off on December 5th from the Avaview in Crown Hill, Sunrise on [...]
Seems like auction results are the equivalent of new project announcements back in 2007. Here are some observations worth considering: Most people (67%) in our recent poll felt that auctions are [...]
Yesterday was an exciting day for some home buyers eagerly packed into the Grand Hyatt for Brix and Gallery auction events. I just came back from vacation and missed the Brix [...]
Are Condo Auctions a Good Investment?(polls)
Ben Miller over at the PSBJ has a great post on his experience at the Lumen Auction. I agree with him on the vibe of these auctions but differ on the attractiveness [...]
Lumen announced today that they are auctioning off 19 of their remaining homes on Saturday, July 11th at 1.00pm at the Grand Hyatt Hotel. A pre-auction seminar will be held for [...]
Remember 4217 Fremont Condos? The developer for this 6 unit condo had sold two homes and turned the remaining homes into rental units. Apparently, one of the owners is trying [...]
As promised, here's a neat chart I whipped up showing the original listing prices and their ultimate auction winning price. As you can see, some people picked up 2BR units for [...]
Just got back from the Queen Anne Condo auction. All 12 units that were up for auction sold. It looked like easily over 100 people were there (maybe more). Some people [...]
Developers aren't the only ones using auctions for a speedy sale nowadays. Some individual owners are trying this non-traditional way to sell their homes. I came across one such auction yesterday (Canal Station #304) [...]