Going Once, Going Twice…

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naa_logo-short.gifRead an interesting article last week about the growth of the popularity of auctions.  “According to the National Auctioneers Association, more than $16 billion of residential real estate was sold by auction in real-estate-journal.gif2006, an increase of 12.5% over the previous year.”  See the links below for more:

http://www.realestatejournal.com/buysell/markettrends/20070925-hoak.html?rejcontent=mail

http://www.auctioneers.org/core/contentmanager/uploads/PDFs/AuctionIndustryResults/2006IndustryResearchResults.pdf