ATLANTA, May 25, 2016 /PRNewswire/ -- Whether in Florida, Georgia, the Carolinas, Alabama or Tennessee, real estate investors were eager to beef up their portfolios last week in John Dixon & Associates' quarterly multi-seller real estate auction, which featured events in Florida, Georgia and Tennessee.
The events drew healthy crowds and resulted in the sale of more than $2.84 million in real estate.
"Folks tell me that good investment properties are getting harder to find, so they'll respond when you offer them a good selection, as we did by combining offerings from various investment trusts, banks and individuals," said John Dixon, president of the Atlanta-based auction company.
"And why shouldn't they? Interest rates are still at all-time lows. New home sales are breaking records, even as stocks are erratic and showing scary volatility. We sold a number of home sites in good neighborhoods that have come back to life as the recovery has progressed. Developers and builders can use these lots to meet the surging demand," said Dixon.
The series featured live events in Jacksonville (Florida), Atlanta and Memphis. The real estate included commercial land tracts, commercial buildings, and even a church/event center in Talladega, Alabama. All events were streamed for online bidders as well. "We had bidders who were live at some events and were buying online at others," said Dixon.
The company now turns its attention to the upcoming June 1 auction of 1,260 acres in Spencer, Tennessee. Individuals seeking additional information may visit www.johndixon.com or call 800-479-1763.
John Dixon & Associates, based in Atlanta with offices in Florida, North Carolina and South Carolina, is one of the nation's largest auctioneers of real estate.
For more information:
Carl Carter, 205-823-3273
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SOURCE John Dixon & Associates