Southeast has most property auctions

The Southeastern United States led the country in the number of
real estate auctions, at nearly 16 percent of all auctions conducted
nationwide last year, according to a survey of auctioneers by PropertyAuction.com.
More than 44 percent of residential property auctions involve
single-family homes and condominium units in 2010, according to the survey. On the
commercial side, 15 percent of auctions involved land, while another 15
percent offered agricultural sites. TRD

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