I’ve attached an interesting article that questions that data that is used by the National Association of Realtors (NAR) to track the housing market. The Mortgage Bankers Association claims that the way that NAR accumulates their data may, in fact, not offer a true picture of the state of the housing market. NAR data incates that there is an 8.6 month suply of inventory homes based on the current sales pace while the Mortgage Bankers Association feels that this number is closer to 17 months! Some difference!!

http://www.msnbc.msn.com/id/42258117/ns/business-eye_on_the_economy/

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