Hundreds Of Foreclosed Homes Sold At Auction

Regine Schlesinger Reporting
WBBM Newsradio 780

CHICAGO (WBBM) - At least one pocket of Chicago's housing market picked up over the weekend. Hundreds of foreclosed homes sold at auction.

With more than 2,500 bidders, over 400 foreclosed homes sold for a total of nearly $21 million at a weekend auction at the Stephens Convention Center in Rosemont.

Among the homes that were up for bids, a 4-bedroom house in Northbrook that had a starting bid of $169,000 and a 3-bedroom Franklin Park home, once valued at nearly $600,000. The bidding on that one started at $29,000.

REDC, the company that auctioned off the homes, calls it the silver lining of the foreclosure crisis, taking vacant boarded-up homes off the market.

According to Realtytrac, Illinois now ranks 7th in the nation for the highest foreclosure rates.

More information at:
REDC
Foreclosure Real Estate Listings at RealtyTrac

Yo diría que es un poco más exagerado, la primera puja es del 4,78% del precio de los 600.000 iniciales así que , la bajada es un poco más alta que ese 90% jajaja

Iniciado por moncton

Si una bajada del 95%, ya lo habia calculado, pero a esos niveles no me pongo a discutir por un 5% de nada, que queda como de muy pobres

¿De pobres? Estamos hablando del precio justo de las cosas

Saludos,