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Loan Modification

: Mortgage Lender Implode-o-Meter

Is the NAR Overstating RE Sales ?

By Implode-Explode Heavy Industries

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``My criticism about the NAR was about the nonsensical commentary that always seem to accompany their data. I never had cause to challenge their actual reporting of Real Estate sales. Until now... Consider inventory ? using CoreLogic;s methodology, unsold inventory in November 2010 was16 months of supply, not the 9.5 months the NAR claimed.''

Full post as published by Mortgage Lender Implode-o-Meter on February 17, 2011 (boomark / email).

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