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Home › Forums › Housing › Just how distressed are CV and 4S? › The Heights being auctioned

January 30, 2008 at 12:38 PM #145540
jpinpb
Participant

The Heights being auctioned in Carmel Valley. I guess Carmel Valley is having a hard time selling so they have this company trying to do it.

Here is the info: http://www.auctionredcnow.com/

This REDC auctioned La Boheme in North Park. I don’t know how it went, since I did not attend. Has anyone attended these auctions? I heard that people get crazy and generally the price climbs to ridiculous amounts.

It says the starting bid is 199k. As you may know, these were apartments, condo conversions that were at one time selling for upward of 500k. Quite a difference.