Luxury real estate – Auctions on the rise

August 25, 2009 by admin  
Filed under Luxury Houses For Sale

Exclusively Auctions, a leading absolute auction company with both bargain and luxury real estate home auctions, is not surprised by the recent reports of no-minimum auctions hitting $268B and MLS sales on a sharp decline.In Vail, Colorado, this year’s June MLS sales are down to about 27% compared to the total number of transactions completed last year at this time. This decline is in stark contrast to real estate auction successes.

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