Young Couple Buys "Dream Home" for a Remarkable $86,840 SAN DIEGO--(BUSINESS WIRE)--After months of anticipation, iBidcondo held its premiere live online auction at 9PM EDT Tuesday, May 26th, 2009. A young married couple from San Diego, California walked away with a stunning three bedroom lakefront home at Star Riverside located in Downtown Austin, Texas for $86,840; that's more than an 80% discount on the retail price advertised by the developer! Even more impressive is that a significant portion of the winning bid amount will be donated to a Nonprofit Charity. The auction was conducted live at iBidcondo.com last night with thousands of participants registering and bidding from Australia, Canada, Hong Kong, India, New Zealand, the United States, and more. The founder of iBidcondo, Eugene Marchese, was very excited with the auction’s success; "We have just started a revolution in the real estate market, this really is the future of buying and selling property." Marchese went on to say, "We had been looking for a way to solve the housing affordability crisis and iBidcondo brings buyers and sellers together in a way like never before! And to top it off, it's the charity that walks away the true winner."
