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Fargo No Longer Auctioning Homes - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Fargo No Longer Auctioning Homes

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The City of Fargo will no longer be auctioning off the homes they acquire in their flood buyout program. City engineers say there's no longer a market for their home auctions, where prospective homeowners pay to transport those big homes to new destinations. 
Now, the properties will be going straight to demolition contractors, who will have the opportunity to sell or salvage the house. Engineers say homes they have left won't likely be bought for relocation. Instead, they'll be broken down for their parts.
"The market is not quite right any more for these homes,"  Nathan Boerboom, City of Fargo's Division Engineer, said. "They're large homes and you're limited on how you can move them. The work it takes to move them, as well as the homes we have left are perhaps not quite desirable for people looking to move homes."
The city has about 30 homes to get rid of right now and they’re not done buying out more homes.
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