YAKIMA, Wash. – A real estate auction isn’t always a good thing, unless it is. Too often we read of foreclosure auctions in the press. Well, the Falcon Ridge Airpark auction isn’t one them.
Back to that in a minute.
Airpark developer Russ Wilkinson bought 64 (of 84) unsold lots in a real estate development west of Yakima back in the summer of 1995. The development, originally developed in the 1970s and early 1980s, had only sold 20 lots and was falling into disrepair.