Just got this press release. And no, I don't plan on doing a story. Not unless there is going to be a mass exodus of SGV residents selling their homes or suffering from foreclosures and plan on heading east...

OVER 120 UNSOLD, BANK-OWNED HOMES AND CONDOS TO CROSS THE BLOCK AS AUCTION MANIA SWEEPS SOUTHERN CALIFORNIA!

KENNEDY WILSON TO CONDUCT MASSIVE INVENTORY CLEARANCE AUCTION OFFERING BUYERS INCREDIBLE SAVINGS

ONTARIO, CA. - On Sunday, March 16,at 11AM real estate auction specialist Kennedy Wilson of Beverly Hills, CA will make California housing market history by conducting the Southern California Property Auction, a massive inventory clearance auction for over 100 homes scattered across the lower portion of the state.

Single-family homes and condos to hit the auction block are located in San Bernardino, Riverside, Barstow, Victorville, Adelanto, Apple Valley, Oak Hills, Hesperia, Highland, Rialto, Rancho Cucamonga, Fontana, Redlands, Colton, Bloomington, Montclair, Chino, Norco, Corona, Beaumont, Banning, Moreno Valley, Perris, Idyllwild, Hemet, Romoland, Lake Elsinore, Menifee, Winchester, Murrieta, Temecula, Desert Hot Springs, Cathedral City, Thousand Palms, Palm Desert, Indio, Coachella, and La Quinta.

A tremendous variety of homes and condos are included in this exceptional inventory clearance. List prices range from $79,900 for a 3-bedroom, 1-bath home in Barstow to $914,900 for a 4-bedroom home in Norco boasting 3.5 baths and a huge 51,836 sq ft lot!

On March 16, however, starting bid auction prices will range from $35,000 and $390,000 respectively - incredible discounts of almost 60 percent on homes previously priced up to $914,000