Tuesday, February 15, 2011

NAR vs Core Logic on Homes Sold Report!

Let's Pad the numbers seems to be right in line with the National Association of Realtors' agenda.

Amplify’d from www.inman.com

Decline in real estate sales greater than stated?

Statistics published by the National Association of Realtors appear to overstate sales of existing home by 15 to 20 percent, mortgage and property data aggregator CoreLogic says in a new report that concludes home sales fell more sharply last year than previously thought.

If that trend continues, national home prices will probably be down 10 percent year-over-year by spring, CoreLogic said.

Read more at www.inman.com
 

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