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THE AUCTIONARIUM NEWS!

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Foreclosures expected to rise, pushing home prices lower
2012-01-12

Banks are getting more aggressive with the 3.5 million U.S. homes with seriously delinquent mortgages, setting the stage for a big wave of foreclosure auctions this year....

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Defaults on homes rise in the valley First time region saw a year-over-year spike in activity since November 2009
2011-12-24

Foreclosures rose nearly 6 percent across the Coachella Valley in November compared to the same month a year ago, ending a seven-month trend of double-digit declines....

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NAR overestimated real estate sales by 14% Says Auctioneers Get Higher Prices
2011-12-21

The National Association of Realtors says it overestimated home sales by more than 14 percent since 2007 because an adjustment that the trade group makes to data it collects from multiple listing services to account for sales that take place outside of ...

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Scheduled foreclosure auctions soar in California
2011-12-15

Banks set the clock for forced sales of more than 26,000 homes in the state in November, a 63% increase from October. Overall foreclosure notices nationwide fell last month....

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The Other Side Free & Clear or Equity Home Owners Doing Well
2011-10-02

Nearly half of all owners with mortgages have at least 25% equity stakes in their properties, and about a quarter of owners with mortgages have more than 50% equity, a new study shows....

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Home sales dropped 3.5% in July, hit 2011 low
2011-08-18

The number of people who bought previously occupied homes fell in July for the third time in four months. This year is on pace to be the worst in 14 years for home sales, as more Americans worry that the economy could slip back into another recession....

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California Home Prices Continue to Drop 13.3% May 2011
2011-06-15

Sales of homes in California plunged 13.3% in May from the same month a year ago, when tax incentives were fueling the market, according to real estate research firm DataQuick of San Diego....

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Leaving North Las Vegas no option for many 'underwater' homeowners
2011-05-31

Some economists would agree, predicting that a full recovery in parts of the West's "foreclosure belt" — California, Nevada and Arizona — won't occur until at least 2030....

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Riverside County foreclosure rate No. 2 in state
2011-04-14

Riverside County had the second-highest foreclosure rate in the State of California during the first quarter...

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Supervisors to auctioneers: Take foreclosures elsewhere
2011-04-12

Foreclosure auctions are being kicked off the courthouse steps in Riverside County....

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THE AUCTIONARIUM, INC
P.O. Box 1381
Rancho Mirage, CA 92270

Contact: 866-486-SOLD
Local phone: 760-328-7570
auctions@theauctionarium.com
California DRE License #01889313