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Fifty Million Homes Sold last year!


By TechGromit   Follow   Tue, 13 Dec 2011, 9:59am PST   4,466 views   13 comments
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That's just a guess, but it's not far off what the National Association of Realtors do. It's funny, I always thought the housing sales were based on FACTS. After all all sales are published in newspapers that are of public record. It wouldn't be hard to ask the members in each area to submit the sales in there area to the National Association of Realtors, combine it with other sales from states and nationally and get true numbers that are very accurate.

http://money.cnn.com/2011/12/13/real_estate/home_sales_revision/index.htm?hpt=hp_c1

This apparently isn't what happens. They just guess what the sales are and based on what ever number they come up with base there projections on them. Now I know that the NAR is a worthless pieces of shit when they come up with market projections, but I wasn't aware they also just make up the sales figures too. They are trying to explain away the incorrect numbers with database errors, outdated 2000 Census data and MLS listing problems. If these are in fact true, which I doubt, there entire system is worthless. If you based your facts on actual published sales, that list full addresses, you have a completely accurate sales figures with no "double" counting. But I do not believe that is in the NAR best interest, they exist to sell houses and take there cut. If people where armed with actual facts instead of NAR bullshit, they might not buy.

Comments 1-13 of 13     Last »

PockyClipsNow   Tue, 13 Dec 2011, 10:24am PST   Share   Quote   Permalink   Like   Dislike     Comment 1

its a mess, trust me

double counting REFIs, quit claims deeds in public records, etc. MLS's that wont cooperate with NAR (yes there are some) plus FSBO. There is no single database but rather hundreds. rotsa ruck getting your facts from that mess.

dodgerfanjohn   Tue, 13 Dec 2011, 1:11pm PST   Share   Quote   Permalink   Like   Dislike     Comment 2

Where's Apocolypse?

I need some recipes for grilling realtor carcass.

thomas.wong1986   Tue, 13 Dec 2011, 3:11pm PST   Share   Quote   Permalink   Like   Dislike     Comment 3

TechGromit says

They are trying to explain away the incorrect numbers with database errors, outdated 2000 Census data and MLS listing problems. If these are in fact true, which I doubt, there entire system is worthless

Just laughable! Of course the state regional numbers are no better off. Anyone check CAR numbers as being accurate ? Doubtful!

TechGromit   Tue, 13 Dec 2011, 8:17pm PST   Share   Quote   Permalink   Like   Dislike (1)     Comment 4

thomas.wong1986 says

Anyone check CAR numbers as being accurate ? Doubtful!

I don't understand your reference, whats a "CAR" number?

TMAC54   Tue, 13 Dec 2011, 9:53pm PST   Share   Quote   Permalink   Like   Dislike (1)     Comment 5

TechGromit says

I don't understand your reference, whats a "CAR" number?

www.car.org/

I recall mid 80s, 6 different realtor organizations in Santa Clara County alone.

Most buyers / sellers believe it and\or the "MLS" as one big entity !

APPRAISE THIS !

APOCALYPSEFUCKisShostikovitch   Wed, 14 Dec 2011, 4:08am PST   Share   Quote   Permalink   Like   Dislike     Comment 6

How about this:

Nail RealtorĀ® to cross.

Before succumbing to death, apply flame thrower at full throttle.

Serve with Keystone Light.

dodgerfanjohn says

Where's Apocolypse?

I need some recipes for grilling realtor carcass.

thomas.wong1986   Wed, 14 Dec 2011, 4:30am PST   Share   Quote   Permalink   Like   Dislike     Comment 7

TechGromit says

"CAR" number

California Association of Realtors.. im sure your state has one as well. They are the individual realtor organizations that feed data to the NAR mothership. If the NAR numbers are wrong, than so are the local REA orgs.

Dan8267   Wed, 14 Dec 2011, 5:41am PST   Share   Quote   Permalink   Like   Dislike     Comment 8

TechGromit says

Fifty Million Homes Sold last year!

How many households are in the US? quick search reveals:

2007 estimate: 111,162,259
2008 estimate: 112,362,848
2009 estimate: 113,567,967
2010 estimate: 114,825,428

http://www.census.gov/population/projections/nation/hh-fam/table1n.txt
http://www.census.gov/prod/1/pop/p25-1129.pdf

Sounds about right. So, about half the homes in the country were sold last year? Yeah, that makes perfect sense. After all the NAR wouldn't lie.

dodgerfanjohn   Wed, 14 Dec 2011, 7:20am PST   Share   Quote   Permalink   Like   Dislike     Comment 9

APOCALYPSEFUCK is Tony Manero says

How about this:

Nail RealtorĀ® to cross.

Before succumbing to death, apply flame thrower at full throttle.

Serve with Keystone Light.

dodgerfanjohn says

Where's Apocolypse?

I need some recipes for grilling realtor carcass.

I ever so hope the squeal....much like when you boil lobsters live

APOCALYPSEFUCKisShostikovitch   Fri, 16 Dec 2011, 8:32am PST   Share   Quote   Permalink   Like   Dislike     Comment 10

SCREAM, FUCKER, SCREAM!

It sweetens the meat!

zzyzzx   Fri, 16 Dec 2011, 9:21am PST   Share   Quote   Permalink   Like   Dislike     Comment 11

We need a LOL builder for real estate/NAR stuff.

SubOink   Sat, 17 Dec 2011, 7:58am PST   Share   Quote   Permalink   Like   Dislike (1)     Comment 12

You guys are so hung up about NAR and feel so smart that you don't believe their BS - keep tapping yourself on the shoulder when its obvious anyways.

You ask a car salesman if you should buy a car, you ask a dentist if you should pull the tooth, you ask a landlord if you should rent or buy, you ask a realtor if you should rent or buy, you ask a builder if you should buy an existing home or a new home...etc...why would you listen to somebody that makes money by pushing you in a certain direction??

Realtors are not inherently bad people. It's the system that is to be blamed for realtors being shitheads. If you have a family that you are trying to feed and you make a living by getting a commission of selling houses...what would YOU do?? You would tell people...don't buy?

You always have to inform yourself and make your own personal decision about pretty much anything in life. Do you trust your doctor when he tells you that in order to get rid of the pain he needs to perform a very expensive surgery? No, you wouldn't. You would do research and figure out what maybe the best thing to do. Maybe the expensive surgery IS the way to go. Maybe not.

Whether to buy or not to buy all depends on your own individual situation. What kind of job, how much money you got/make, what kind of life-style you prefer, location etc...there is no universal wrong or right for everyone.

FortWayne   Sat, 17 Dec 2011, 9:31am PST   Share   Quote   Permalink   Like   Dislike     Comment 13

Dan8267 says

TechGromit says

Fifty Million Homes Sold last year!

How many households are in the US? quick search reveals:

2007 estimate: 111,162,259

2008 estimate: 112,362,848

2009 estimate: 113,567,967

2010 estimate: 114,825,428

http://www.census.gov/population/projections/nation/hh-fam/table1n.txt

http://www.census.gov/prod/1/pop/p25-1129.pdf

Sounds about right. So, about half the homes in the country were sold last year? Yeah, that makes perfect sense. After all the NAR wouldn't lie.

Dan8267 says

TechGromit says

Fifty Million Homes Sold last year!

How many households are in the US? quick search reveals:

2007 estimate: 111,162,259

2008 estimate: 112,362,848

2009 estimate: 113,567,967

2010 estimate: 114,825,428

http://www.census.gov/population/projections/nation/hh-fam/table1n.txt

http://www.census.gov/prod/1/pop/p25-1129.pdf

Sounds about right. So, about half the homes in the country were sold last year? Yeah, that makes perfect sense. After all the NAR wouldn't lie.

Maybe they meant fell behind in payments or foreclosed and just for entertainment purposes reclassified as sold instead?

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