Podcastoffs 1
The ultimate foreclosure:
It’s impossible to get a precise statistical grip on the extent of these sales because the industry is fragmented, and the local owners are loath to discuss it, but anecdotal data confirm it is a surging phenomenon. “Every auctioneer I talk to says storage-unit sales are up considerably over just last year,” says Chris Longly, a spokesman for the National Auction Association. “It’s a sign of the times. A Denver auctioneer told me he had 900 in 2007, 1,200 in 2008, and in January 2009 alone, he had 200.”
March 17, 2009 at 2:55 pm
I figured business for them would be booming. As well as the abandonments. Just another sign of the times.