The Real Deal Miami

Southeast has most property auctions

April 07, 2011 12:21PM

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