News Flash: Decline In Real Estate Sales Greater Than Stated?

NEWS FLASH

Decline in real estate sales greater than stated? CoreLogic: NAR methodology appears to inflate home sales by 15 to 20% 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. A NAR spokesman said the Corelogic claim "is premature at best," and NAR will be making some benchmark revisions to its historic sales data later this year. Read full story here. ADVERTISEMENT Next stops on the Agent Reboot 24-City Tour: Seattle, Phoenix and Orange County. Stay one step ahead of your competition - learn from the best of the best. Register today!

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