PAX AUCTION NEWS!

The Standard & Poor's/Case-Shiller index shows a modest 1% gain over May figures, with prices in Los Angeles, San Diego and San Francisco increasing. However, some experts predict that expiring federal tax credits will have a negative effect....

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While plummeting home values are a nightmare for those who bought during the boom, they are providing opportunities for those who have been priced out of Southern California's notoriously expensive housing market....

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Foreclosure is blind.

The number of homes in the $1-million-and-up slice of the market that have become bank owned has tripled during the last three years in Los Angeles County, and the trend has shown little sign of slowing....

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Latest list shows more than $42.3M of property scheduled for auction. The pace and price of foreclosures in Teton County have spiked as sales slowed during the Summer selling season...

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Local real estate expert predicts Jackson Hole real estate market will hit bottom Q 4 2009....

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Buyers remain wary; appraisers struggle to set values....

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"An absolute sale is the strongest signal a seller can send to the marketplace. It attracts purchasers from the broadest geographic region because buyers can justify their time and efforts to inspect, bid, and buy, knowing there is no question the prop...

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Home prices in the Washington area have a 92 percent chance of dropping over the next two years, according to a recent report....

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A new set of foreclosed homes hit the Las Vegas real estate market this month. Banks lifted a voluntary moratorium at the end of May that began in March. It has been speculated that as many as 20,000 to 30,000 bank-owned homes could be released. ...

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Increase among area counties due partly to lenders keeping properties listed as they try to rework mortgage terms....

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