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Article: Online Real Estate Auctions Exploded in 2006, According to RealtyBid.com Numbers.
- Article from:
- PR Newswire
- Article date:
- February 14, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Eager Realtors with Slow Moving Listings and Banks with Foreclosures Turned to RealtyBid.com in Record Numbers in 2006
RAINBOW CITY, Ala., Feb. 14 /PRNewswire/ -- RealtyBid.com, the nation's leader in online real estate auctions, today announced their record-breaking 2006 numbers, and they are a clear indicator that Realtors and banks are flocking to the Internet to sell slow moving properties and foreclosures.
-- The number of properties offered for auction on RealtyBid.com in 2006
increased by more than 53% over 2005.
-- RealtyBid.com's 2006 inventory of properties offered for auction
represented $251 million in asset value.
-- In ...