We’re a little late on this today, but then we’ve known about it for a while:
The National Association of Realtors, a national lobby of real-estate brokers, is a bad place to get information about the real estate market.
So at least reports The Walk-Through, the Times’ brand-new baby blog about the real-estate market, in a pretty nice little smack-down.
And as always, Jonathan Miller has the definitive take:
Our question is pettier: How will Damon Darlin’s analysis go over at the Times real-estate desk? Because they’ve been relying on the NAR a lot lately:
(The New York Times, “Our Equity, Ourselves,” Jan. 26, 2006)
(The New York Times, “Home Sales Fell Again In December,” Jan. 26, 2006)
Maybe now the word “Realtor” can finally be scrapped, since it’s the N.A.R.-enforced term of art (which is why we try, insofar as we can control anything, to stick with the words “broker” or “agent”–not that you won’t catch us out on that.)
– Tom McGeveran