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Fifty Million Homes Sold last year!


               
2011 Dec 13, 9:59am   9,040 views  11 comments

by TechGromit   follow (1)  

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 They are trying to explain away the incorrect numbers with database errors, outdated 2000 Census data and MLS listing problems.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.

#housing

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1   PockyClipsNow   @   2011 Dec 13, 10:24am  

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.

2   FuckTheMainstreamMedia   @   2011 Dec 13, 1:11pm  

Where's Apocolypse?

I need some recipes for grilling realtor carcass.

3   thomas.wong1986   @   2011 Dec 13, 3:11pm  

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They are trying to explain away the incorrect numbers with database errors, outdated 2000 Census data and MLS listing problems.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!

4   TechGromit   @   2011 Dec 13, 8:17pm  

thomas.wong1986 says

Anyone check CAR numbers as being accurate ? Doubtful!

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

5   TMAC54   @   2011 Dec 13, 9:53pm  

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 !

6   thomas.wong1986   @   2011 Dec 14, 4:30am  

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.

7   Dan8267   @   2011 Dec 14, 5:41am  

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.

8   FuckTheMainstreamMedia   @   2011 Dec 14, 7:20am  

APOCALYPSEFUCK is Tony Manero says

How about this:

Nail Realtor® 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

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