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From Misery to Fortune at a Foreclosure Auction

Mar. 8, 2009
A mob of potential buyers convened in New York on Sunday to bid on foreclosed homes at below-market prices.
Related Stories from UPI.com

Luxury real estate meets market realities

FORT LAUDERDALE, Fla., May 7 (UPI) -- Many U.S. luxury homes are facing the same fate as foreclosed properties, the sometimes painful reality check of the cash auction, Realtors report.

Residential foreclosure rise slightly

BOCA RATON, Fla., Sept. 15 (UPI) -- Foreclosure.com Wednesday reported the number of foreclosed U.S. residential properties during August rose less than 1 percent from July.

Foreclosure activity declines

BOCA RATON, Fla., July 7 (UPI) -- Foreclosure.com. of Boca Raton, Fla., said Wednesday foreclosure activity declined in June for the first time this year.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch