REAL ESTATE NEWS
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REDC, continued ...
“When a house sits vacant, everyone loses,” says REDC CEO Jeff Frieden.
“When Auction.com puts a family into a home, they're paying a mortgage,
property taxes, gas, electric and water bill, and they're hiring
landscapers, painters and electricians, all of which fuels the economy.”
The
company notes that 7 million foreclosures are expected to hit the U.S.
market in 2010, according to many industry experts. And REDC plans to
hold nearly 90 auctions over a period of six weeks.
The auctions began Saturday, Jan. 16, in L.A.
REDC launched in 1990. Since 2007, the company has sold $6.1 billion worth of property.
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Newport Beach's Conexant sells land for $26 million
Santa Ana's First American CoreLogic: foreclosures up
O.C. fairgrounds: Highest bid comes in at $65.5 million
TechSpace acquires new facility in Westwood
REDC, continued ...
“When a house sits vacant, everyone loses,” says REDC CEO Jeff Frieden.
“When Auction.com puts a family into a home, they're paying a mortgage,
property taxes, gas, electric and water bill, and they're hiring
landscapers, painters and electricians, all of which fuels the economy.”The company notes that 7 million foreclosures are expected to hit the U.S. market in 2010, according to many industry experts. And REDC plans to hold nearly 90 auctions over a period of six weeks.
The auctions began Saturday, Jan. 16, in L.A.
REDC launched in 1990. Since 2007, the company has sold $6.1 billion worth of property.
<< PREVIOUS PAGE
Related headlines
Newport Beach's Conexant sells land for $26 million
Santa Ana's First American CoreLogic: foreclosures up
O.C. fairgrounds: Highest bid comes in at $65.5 million
TechSpace acquires new facility in Westwood
