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Articles Archive for August 2008

ForeclosureS.com »

[25 Aug 2008 | No Comment | 21 views]

Not too long ago ForeclosureS.com announced that the site offered over 5 million property listings. Even with the current foreclosure frenzy in the media, this number seemed inflated. They also advertised this figure directly on the homepage of the site, where other foreclosure listings companies offer their current listings. As mentioned in a prior post, “Figuring Out the Figures,” ForeclosureS.com now does not offer any current listing numbers anywhere on the site and has removed the “5 million listings” on their home page.

However, I was able to …

Media & Politics »

[19 Aug 2008 | No Comment | 16 views]

The Second quarter foreclosure reports continue to roll in with the latest figures from Realty Trac released. One general statistic released by Realty Trac, a foreclosure reporting company based out of Irvine, California, has been appearing on hundreds of newspaper articles across the country.
According to all articles and taken directly from the Realty Trac foreclosure activity report, “one in every 171 U.S. households received a foreclosure filing during the quarter.”
Performing calculations and some further investigation, one could take the same information and present it in a way more favorable …

ForeclosureS.com »

[11 Aug 2008 | No Comment | 18 views]

It is now the second week in August and the rush for July foreclosure figures have begun. All foreclosure reporting companies have released their share of data to the media. The latest comes from a press release published August 11, 2008, “ForeclosureS.com: Pre-foreclosure Filings Set Record in July.” According to the article pre-foreclosure filings hit record highs in 14 states for the month of July.
We took thee states, and decided to compare the data with the actual listings on the web site. While foreclosureS.com offers a comprehensive “Press-Inquiry” statistics page, …

RealtyTrac »

[4 Aug 2008 | No Comment | 18 views]

Foreclosure numbers begin to soar across all mediums as states and counties report their respective figures. One state, whose numbers have gained nationwide recognition is that of New Jersey, whose foreclosure filings seem to have more than doubled.
According to an article, published by The Star-Ledger on July 26, 2008, “foreclosure filings in New Jersey increased by 140 percent from April to June to more than 17,000.” Author Beth Fitzgerald continued by stating that Realty Trac had reported the increase and that foreclosures in New Jersey now represented the 12th-highest rate …