Real Estate Auctions are on the rise in NC!

Charlotte, NC - Real Estate

Real Estate Auctions are becoming more and more popular in today's Real Estate Market.

As foreclosures continue to rise and builders sales continue to fall, the real estate world is facing a tremendous amount of properties just sitting on the market. With nearly 11 months of inventory on the market, it is very hard for banks and creditors to sell vacant homes they possess.

What you are starting to see is more auctions to sell these homes. Particularly with New Home inventory. With an experienced auctioneer/sales person an auction usually sells homes in 6 weeks.

Don Eldred and Tranzon Metrolina are selling New Home Inventory all over the Charlotte area. They will be auctioning six more homes around this Charlotte area in the coming weeks and are seeing a trend developing in Charlotte Real Estate. "The builders I have been working with for years are finding themselves holding onto property for months and even years, now I am able to help them get rid of the property in weeks. Its a win for the buyers who get a great deal and a win for builder who free up the capital to stimulate the market."

For more information on Real Estate Auctions check out these sites:

Tranzon: Changing the way Real Estate is sold...one auction at a time!

New Homes Link: Your home for Charlotte Real Estate

Real Estate Auction....Why?

Other Related Blogs:

Buyers' market or sellers' market in the small towns to the south of Charlotte NC?

Charlottte, NC Builder Inventory Homes

Charlotte Real Estate by Don Eldred (Wordpress)