Just in case you haven’t already submitted your articles for this week’s Carnival of Real Estate Investing, please do so by Sunday so I can make my selections for Monday’s New Edition - CoREI #4!

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Tags: blogging, Blogs, carnnival, estate, host, of, real, Real Estate Investing

Mistakes happen. I wanted to share a quick story with everyone that at least makes me feel like we’re doing some good work here at BiggerPockets. On Wednesday one of our users wrote a post on our forums letting us know that RealtyTrac.com (aff.) and Foreclosure.com (aff.) had supposedly been incorrectly listing their property as in foreclosure for the past 2 months. She tried to contact the companies several times by phone, but they apparently did not remove the listing.

What had apparently occurred was that her home was improperly listed by the county clerk / recorder as in foreclosure. That day, the foreclosure database websites grabbed the information, and the county corrected the error soon after. It seems that these corrections do not reach the databases.

Thanks to the conversation about her situation on our forums, a representative of RealtyTrac, Daren Blomquist, posted that he would be happy to help out and remove the listing from their site. I only hope that the folks at Foreclosure.com and any other foreclosure listing site will do the same.

In addition, I think it would be helpful if these companies would also check for any corrections at the county clerk / recorder’s offices when they are pulling the Notice Of Default (NOD) and Lis Pendens records. If they presently do that and this is just an anomaly, then I’m just happy everything has worked out.

Tags: biggerpockets, default, foreclosure, foreclosure.com, forums, lis, notice, of, pendens, realtytrac

Pending home sales data for August was just released by the National Association of Realtors. According to the Pending Home Sales Index, “contracts signed in August, rose 4.3 percent to a level of 110.1 from a reading of 105.6 in July, but is 14.1 percent lower than August 2005.”

David Lereah, chief economist of the National Association of Realtors, said that the over supply of homes for sale in the US should be drawn down as the inventory of new homes coming on the market slows.

Just to clarify - homes are considered pending once entered into contract, and stay pending until the sale is closed. Pending home sales is often used to measure the health of the housing market.

Tags: association, home, housing, index, NAR, national, of, pending, Realtors, sales

In addition to the Carnival of Real Estate, we were also mentioned today in the HJL Money Blog for the Carnival of Business regarding our post investigating Pinnacle Development Partners.

Tags: blog, business, carnival, development, estate, for, of, partners, pinnacle, real, Real Estate Investing

at the Matrix Blog. You can find our post investigating Pinnacle Development Partners in this edition of the Carnival.

Tags: carnival, development, estate, matrix, of, partners, pinnacle, real