Wednesday, March 12, 2008

Real Estate Moves to Front of Auction Block

From downtown Orlando condos to raw land and homes near the beaches, the "bid-calling" patter of auctioneers has been picking up speed in Central Florida and across the country. "We've never been busier," said Chris Fisher, a second-generation auctioneer in Volusia County.

According to the National Auctioneers Association, residential real-estate auctions surged 47% from 2003 to 2007 -- more than any other category -- and generated nearly $17 billion in sales nationwide last year. Commercial real-estate auctions accounted for another $15.7 billion last year, up 33%. These are not the "court-ordered auctions." [Source: Orlando Sentinel]

www.Panama-City-Beach-Florida-Condominiums.com
www.Destin-Florida-Condominiums.com

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