st louis real estate auctions: Community Banks Weathering Recession Better Than Big Banks - 04/23/10 03:41 PM
Federal oversight agencies and regulators have repeatedly warned that failures of small and mid-sized banks are expected to escalate. While many have gotten a handle on problems arising from the housing crisis,top officials have said losses from defaults on commercial real estate loans maturing in the next few years now threaten to topple nearly 3,000 of the nation’s community banks.It’s true that bank failures and government seizures continue at a pace not seen since the savings and loan (S&L) crisis of the 1990s. Already this year, 50 banks have been forced to shut their doors, after 140 went under in 2009. … (0 comments)

st louis real estate auctions: High-End Housing Home to Biggest Bargains in 2010 - 04/23/10 03:24 PM
High-end housing markets were home to the biggest bargains for buyers in the first quarter of this year, according to a Home Hunter Report released by ZipRealty, one of the nation’s leading  online-based real estate brokerages.In one of the country’s most famous zip codes, 90210 in Beverly Hills, homes sold, on average, for 15% below asking price, or an average of $703,964 under asking. Across the country, in Miami’s Palm Beach (33480), buyers paid about a million dollars per purchase and paid an average of $198,693 under asking.These are just two highlights revealed by ZipRealty’s report, which compares home sale prices … (1 comments)

st louis real estate auctions: St. Louis 3BR Home to be Sold at Auction Fri April 23 at 11AM 63125 - 04/22/10 01:30 AM
1727 Mary Hubert Court, St. Louis MO 63125
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st louis real estate auctions: Real Estate Auctions Work - Condos sell for nearly $6 million above minimum - 03/16/10 01:01 PM
A package of 165 condominiums in downtown Orlando, Fla. was sold for $25.9 million at an auction there Monday, the auctioneer, Fisher Auction Co., said.The winning bid compared with a minimum of $20 million set before the auction of units at a building called the Vue at Lake Eola and shows that investors are pouncing on what they see as bargains even in glutted condo markets like Orlando.The winner among the nine registered bidders was Condo Developer LLC. Michael Messersmith, a Chicago-based lawyer representing that firm, said it was owned by a family trust but he declined to identify the family. … (0 comments)

st louis real estate auctions: What type of Real Estate is best suited for a Real Estate Auction? - 09/22/09 01:51 AM
I am often asked by Realtors what type of Real Estate is best suited for a Real Estate Auction and the answer is: Property which is in Demand.
On the other hand, another question I am asked is who is the "Right" auction client?  The right client is one that is goal oriented, decisive, willing to work to deadlines, communicative, tuned in, a partner, motivated and willing to let go and move on. Sound similar to a traditional sale?
To most Realtors the auction process is entirely new and rarely thought of as alternate and effective sales tool to get real … (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

Email Me

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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