Jeff Collins from the OC Register writes about Auctions help sellers move on.
The Norris Group, founded by Riverside real estate investor and forecaster Bruce Norris, is launching a home auction business Nov. 19 at a Cal Poly Pomona auditorium, hawking 19 vacant, investor-owned homes.
"These are investors who are in strong positions, and they think things are getting worse, and they'd rather come to an end sooner rather than later," explained Norris' son, Greg, a project manager for the group. "People are getting to the point where they cannot afford to hold on to properties anymore."
If they "cannot afford to hold on", then they're not in a "strong position", are they now?
Weak is strong, and down is up, and round and round and round we go...
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