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Maher muhawieh Auction of Craig Davis buildings postponed The foreclosure auction of four office buildings in Highwoods Office Park that was scheduled for 10 a.m. Sept. 17 was postponed. The auction has been rescheduled for 10 a.m. Oct. 15, says Barry Mann, the Raleigh lawyer assigned as substitute trustee for the transaction. The buildings are owned through a partnership of Craig Davis Properties of Cary and First Point Partners LLC, which had purchased the buildings from Highwoods Properties (NYSE: HIW) of Raleigh for $30.4 million. The portfolio, which totals about 256,000 square feet of office space, includes the Global Building at 3200 Atlantic Ave., the Magnolia Building at 3120 Highwoods Blvd., the Red Oak Building at 3128 Highwoods Blvd. and the Laurel Building at 3100 Highwoods Blvd. Read more: Auction of Craig Davis buildings postponed - San Francisco Business Times

Commercial foreclosure sales and leases are up in some areas of Washington. Office buildings that were built during the peak of the foreclosure crisis have found new tenants and buyers.

Auction home foreclosures were blamed for the downturn in the home building market of Connecticut. Permits issued last December declined from one year ago.

Pre foreclosure properties and distressed homes continue to hinder home building activities in Indianapolis. Construction permits fell in the area in February.

The number of filings for home and apartment building foreclosure increased in Wisconsin in 2010. But year-end figures were still higher than the previous period.

In some parts of Georgia, distressed homes for sale are not the only structures bringing the real estate market down. Recent developments have seen even church buildings falling into foreclosures.

Commercial foreclosures and distressed homes both contributed to the home building downturn in Denver. Home construction was up in 2010, but remained poor.

Land foreclosures for sale and foreclosed residential properties continue to edge out new homes. The drop in nationwide housing starts was heavily felt in Utah.

Bank repossessions and foreclosures in Tennessee hammered the house construction market last year. Values of home building contracts declined in 2010.

The real estate market of Louisville was hit by huge number of foreclosures and bank lien homes in 2010. Some of the biggest properties foreclosed were apartment buildings and subdivisions.

HUD homes and bank foreclosures make it difficult for homebuilders to gain more share of the market. In some areas of Texas however, housing starts have risen.

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Foreclosed homes listings remain high in most U.S. areas, but the home construction market was able to hold its own. House building activities rose in December.

Foreclosed apartment buildings are expected to gain market share in Minneapolis in 2011. The prediction was based on a decline in multifamily building permits.

The many real estate owned properties in the market are dragging home prices down. It is also a factor in the fewer building permits issued last January.

Bank owned rental properties and foreclosures caused home building to slowdown in Omaha. However, builders stated that there is a positive side to all of this.

REDC sells foreclosed homes and multi-unit apartment buildings in bank owned real estate auction in Cincinnati. NBC WLWT TV Channel 5 covers the event here. To register for the next real estate auction of REO homes, visit our website and check the calenda