Residential real estate auctions have become the fastest growing sector of the auction industry. The massive over-supply of condos has turned metro regions throughout the U.S. into fertile ground for real estate auctions.
Builders and developers nationwide have found themselves in the same predicament as hundreds of thousands of home sellers around the country: the need [...]

The S&P/Case-Shiller home-price index, a closely watched gauge of U.S. home prices, showed price declines continued in July. While the pace of decline appeared to slow, experts warned there is still no sign of a bottom. No area experienced year-over-year price gains in July, the fourth straight month that has happened.
Seven of the 20 regions [...]

Althea Morrow considered moving into an extended stay hotel when the home she was renting went into foreclosure.
Instead, she’ll be living with her 24-year-old daughter, who has a four-bedroom apartment.
“It’ll save a little money, and I can help my daughter financially with the rent,” said Morrow, whose two youngest children also will be bunking with [...]