A 40-acre Temecula, Calif., estate built by the late actor Jack Klugman will be auctioned July 27 using Premiere Estates Auction Co.’s “WorldBid Auction platform.” The company requires only a bidder registration form and a $100,000 cashier’s check to register to bid for the home, originally listed for $12 million.
Luxury real estate auctions are taking off, according to blogger Candy Evans, who says auctions “are a great way, in fact, maybe the only way, to unload big, kinda albatross-y homes, as well as your standard multimillion-dollar fare.” Evans reports that the nation’s third-largest auction house, Dallas-based Heritage Auctions, is now conducting luxury real estate auctions. Source: prnewswire.com.
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Luxury auctions catching on | Inman News.
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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