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Detroit house auction flops for urban wasteland

Kevin Krolicki Reuters 10/25/2009
Auction results strong, but will rate rises stop the property boom?

Auction results remained higher over the weekend, but property experts warn high sales cannot be sustained for long if interest rates continue to rise.

Detroit house auction flops for urban wasteland

DETROIT (Reuters) - In a crowded ballroom next to a bankrupt casino, what remains of the Detroit property market was being picked over by speculators and mostly discarded.

Action urged over military homes

One third of military families living in service accommodation rate the condition of their homes as "poor", while nearly a quarter say they are badly maintained, according to a new report.

Housebuyers bid for market recovery as auctions lead the way

"£34,000 ... anyone for £34,000?" asked the auctioneer in London's swanky Connaught Rooms, only to be reminded by the audience that the bidding for a terrace house had reached £43,000. "Oops, I've gone backwards," he said.

 
Welsh Farm to Be Auctioned by UK Estate Agents in October

According to JJ Morris and Chester Master, estate agents, surveyors and rural property consultants, Trefwrdan Isaf Farm located in the Pembrokeshire Coast National Park near Newport will be auctioned this October on behalf of the the Wildlife Trust of South and West Wales, to which it was bequeathed in 2002 by Miss Patterson.