Real estate auctions are growing in acceptance in the St. Louis Area and all over the country. At Mound City Auctions we have seen a huge increase in the real estate we are offering and the amount of real estate that is selling.
The National Auctioneers Association reports a 47% increase in the numbers of residential real estate sold by auction from 2003 to 2008 making that section the fastest growing sector of all auctions. We have seen home we have listed go from signing the contract to offer the home at auction to a closed deal in less than 3 weeks total.
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