[img_assist|nid=3087|title=please -check my foreclosure math!|desc=Hello I tried some really basic foreclosure math here. Its probably incorrect, so could someone comment, please? It looks like the numbers I get are hugely inflated. I get MLS info from realtor.com & all other info from realtytrac. Unfortunately, there’s a lot of noise because I don’t have better data, and because the searches might not exactly cover the same geographical area (I search on city names, not zips). I use the following formulae: total market = mls + auc + new + 40% pre’s fore’s = 40% pre’s + auc + bo’s My assumptions are probably wrong. Could anyone correct me? Thanks!|link=node|align=left|width=466|height=185]
This is a mess. MLS numbers are closer to 16,000. new home numbers cannot be calculated and are many times greater. The realtytrac numbers have numerous duplicates. FSBO number is also impossible to calculate. There are so many problems with this approach its not even worth trying to make it better.
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