CoreLogic: Home sales down, NAR overestimating existing sales
By Jonathan Sweet, Editor in Chief Posted 2/16/11 In a report sure to cause some controversy, real estate research firm CoreLogic says that the National Association of Realtors is overestimating existing home sales by 15 to 20 percent. The firm says that NAR is not taking into account the higher share of sales going through MLS systems or the decrease in for sale by owner home sales in making their projections.