Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

This is what a foreclosure auction looks like


Ever wonder what a foreclosure auction looks like, y’know the ones held on the proverbial courthouse steps? I do, and this raw footage from a San Diego courthouse auction shows you. It appears only a handful of real-estate investors bothered to show up, and as you’ll see, there’s a dearth of bids.

They, like everyone else, believe that prices will be cheaper down the road. Which means they likely will.

I also found this home-made video of a homeowner (in New England, I’m guessing) you is desperate to keep his home from being auctioned off. It’s a poignant few minutes of film.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus