UrbanDigs' Noah Rosenblatt dives into public records to explain how much time sometimes goes by between the sale of a property and its official filing with the city?and what that means for the quarterly market reports. Market reports are actually 3 to 6 months behind the times, and sometimes the data gets even more skewed. For instance, on February 28, a sale was finally filed from January 28th, 2003. Don't lose heart, ACRIS devotees: 48 percent of sales were still filed within two weeks. [UrbanDigs]
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