missouri real estate auctons: Fewer Home Sellers Cut Asking Prices for Homes in January 2010 - 02/12/10 02:23 PM
Just over 40% of available homes for sale had reduced prices in January 2010, compared with 44% in December 2009, according to a monthly survey of home listings in 27 markets conducted by the national real estate brokerage ZipRealty.With fewer reduced price homes available in January, sellers were able to ask for their original list prices, rather than cut them to attract buyers.“Sellers are taking a realistic look at current market conditions before listing their homes,” said ZipRealty CEO Pat Lashinsky. “We have a lot fewer homes for sale right now than we did last year, and we are seeing more … (0 comments)

missouri real estate auctons: Small Investors Lost It All in Memphis - 02/05/10 10:31 AM
Investors say they are innocent bystanders who are paying a painful price for the credit crunch.
The commercial real-estate mess is clobbering lots of investors. Few of them are reeling as much as the 27 owners of 1023 Cherry Road in Memphis, Tenn.The office complex about five miles east of downtown tumbled into foreclosure last fall because the owners couldn't refinance the $14 million loan used to buy the two glass-and-steel buildings in 2004. They also lost all $7.1 million they invested.Cherry Road's collapse is an ominous sign for thousands of other commercial real-estate deals in which mom-and-pop investors pooled their … (0 comments)

 
Paul Roesch CDPE 618-233-1000, Real Estate Auctioneer CAI St Louis MO Auctions (Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals) Rainmaker large

Paul Roesch CDPE 618-233-1000

Real Estate Auctioneer CAI St Louis MO Auctions

Webster Groves, MO

More about me…

Palatium Auction and Appraisal Service, Real Estate Auctions, Estate, Moving, Downsizing Auctions 618-233-1000 USPAP Appraisals

Address: Metropolitan St Louis MO and surrounding Illinois and Missouri Counties, 63124

Office: 618-233-1000

Mobile: (618) 407-8479

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I sell real estate assets fast and economically. I auction household, estate, real estate and downsizing auctions. Brokers and agents encouraged for referral of sellers and buyers. Paul Roesch cell: 618-407-8479


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