Oct. 11, 2013
/PRNewswire/ -- Buyers snapped up 52 bank-owned properties Wednesday for
John Dixon & Associates
auction that could point to growing strength in the real estate market.
"There's no question that bidders are turning out in greater numbers, and bidding more aggressively, because they realize that prices are going up, and they want to acquire these properties while they can," said
, president of the auction company.
The auction attracted about 175 to the Robson Event Center in
for the auction of real estate in 22
counties, primarily to the north and northeast of
"We had about 80 actual registered bidders live, and another 80 listening to the auction and bidding on the Internet. About half the properties sold to Internet bidders," said Dixon. "We're seeing a broader base of buyers, including large and small investors as well as people buying for their own use, such as home sites. It'll be interesting to see if this trend holds up in our next few sales," he said.
Those sales include a series of auctions
, 23 and 25 in
. Details of those and other auctions may be found at
or by calling 770-425-1141.
& Associates, based in
, with offices in
, is a leading auctioneer of commercial and residential properties, including homes, home sites, land and other real estate owned by banks and individuals.
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