A couple of years ago, one of the employees at RealtyTrac told me that they get their data from multiple sources, and they don’t have time to cross-reference or screen out any duplicates.  Hat tip to Rob for sending this along – we’ve been hearing about how the NAR has been over-stating sales, here’s a guy who is comparing RealtyTrac’s numbers to the loacl county’s data.  The result? It looks like RealtyTrac is reporting 3x the actual foreclosures last year in his county:

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