October 21, 2011

Wellington auction one year later

WELLINGTON — It was a bold move by a large property owner to sell off his holdings and, in the process, perhaps help jumpstart home and commercial construction.

But almost a year later, that hope has not yet materialized – a result of the tepid real estate market in Northern Colorado and around the nation.

Curtis Vernon, the Keller Williams broker who set up the Dec. 9 auction in Wellington, said about 100 potential buyers showed up at the Main Street Market parking lot for the event.

It wasn’t enough.

“I think it was disappointing,” Vernon said.

Some sales did take place.

“A lot of property…

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