One problem with compiling the numbers on Tuesdays is long holiday weekends, where nothing will have shown as closed over the past three days. I still may run the numbers for the fun of it but most likely will wait until Wednesday.
I will leave you with an almost unanswerable question – how many short sales are there really in the Phoenix real estate market?
Yesterday I marked another dozen listings as in violation of Arizona Regional MLS rules regarding proper documentation of short sales. My conservative guess is there are at least another 1,000 (yes – 1,000) that are incorrect.
Bob Bemis and his compliance crew are short-staffed so I’m hesitant to go looking for the incorrectly entered listings and send them en masse but that day may come, if nothing else for the protection of my buyers who have asked not to see short sales on their automated listings searches.
[tags]Phoenix real estate, ARMLS[/tags]