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MLS Data vs. Public Records – Which Can You Trust?

News about the real estate market is huge these days.  There is a lot of talk about prices going down, sales going down, and lots of numbers to prove the point.  But, are these numbers legit? I use the Big Bear MLS to substantiate a lot of the real estate data that I provide on the Skinny.  Pulling sales data from the MLS only provides part of the story however. One of the biggest problems with the Big Bear MLS data is that it does not include all of the sales in the area. Along with the increase in REO … [Read more...]