After objections from Denver’s real estate community, as well as Mayor John Hickenlooper, has decided to limit its use of data provided by real estate website .
Citing data, an April 5 story on said there were 42,000 homes on the market in the Denver area in January, a 27 percent increase over the previous year. But local data indicates there are fewer than half that number of homes for sale.
According to local data, there were 17,785 homes for sale in January, down 9.9 percent from January 2009.
“Though Zillow’s numbers allowed us to compare the number of homes for sale across the country’s metros, we recognize that these numbers may not have given us an accurate look at local inventories,” Forbes executive editor Lucy Maher said in a story posted on the website Monday.
