300 Homes On The Auction Block This Weekend

This story came in under the radar this morning.

More than 300 homes on auction block

Want to purchase a house for half its price? More than 300 foreclosed homes across Minnesota will be auctioned this weekend. “It’s a sign of the times” and just a fraction of the fallout from the subprime mortgage meltdown.

I can’t say it comes as a surprise.

Like the article states, although this is the largest auction of it’s kind to ever occur in Minnesota, the homes going on the block today and tomorrow represent only a tiny fraction of the homes currently in foreclosure in the metro area.

If you’ve got the cash and are looking for a tremendous deal, the Minneapolis Convention Center is the place to be.

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