This single-family lakehouse in Michigan recently sold at auction by SVN AuctionWorks.
As we shared in our 2016 residential trends forecast a few months ago, buying vacation homes at auction is becoming an increasingly popular alternative to the traditional sales process. Taylor Johnson client SVN AuctionWorks is doing a booming business in helping buyers find a perfect second home. As noted in this Inman article, auctions of Midwest vacation home properties rose in popularity in 2015 and are expected to continue their hot streak in 2016.