RealEstateAuctions

Luxury Homes And Condos Up For Auction In Dallas

Luxury homes and condos continue to hit the auction block. In the Dallas area, homes and condos which once were priced over $1 million will be available at bargain prices during an auction on November 7. Fifteen luxury homes in McKinney's Craig Ranch area and 29 high-end condominiums in Dallas' Preston Hollow neighborhood will be auctioned by the Kennedy Wilson Auction Group. Bidding on the homes will start at $125,000 to $370,000 and starting bids for the condos in Park Hollow, in the Preston Hollow area, will range from $215,000 to $495,000. The auction will take place at the at the Hilton Anatole in Dallas and Kennedy Wilson is holding informational meetings in advance of the event.

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More Real Estate Auctions Planned For Florida

by Deidre Woollard (RSS feed) —

Filed under: Estates

Need more proof that Florida's real estate market is in deep trouble? Here it is, both Sotheby's Realty and Coldwell Banker are making moves on the real estate auction front. Sol Sotheby's International Realty and Nestler Poletto Sotheby's International Realty have announced they will hold their first luxury property auction for Miami-Dade, Broward and Palm Beach Counties on March 28 in Fort Lauderdale, putting more than $200 million in high-end properties on the block. Most of the properties will be sold to the highest qualified bidder with no limiting conditions or amounts.

The same company that is working with Sotheby's, Daniel DeCaro Real Estate Auctions, is also helping Coldwell Banker Real Estate Florida with auctions. They now offer clients the option of auctioning off their homes in Central Florida rather than selling in the traditional manner.

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