Fuzzy Realtor Numbers?

Posted by: Peter Coy on January 05

Dear Readers,
I posted an item yesterday questioning the precision of MLS data in Phoenix, Tucson, and Las Vegas, but several people are questioning my questions, so I pulled the item off the blog until I can sort out the truth. I hope to have something to say on this subject next week.

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BusinessWeek editors Chris Palmeri, Prashant Gopal, Peter Coy, and Dean Foust chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.

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