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Articles Archive for September 2008

RealtyTrac »

[25 Sep 2008 | No Comment | 22 views]

Over the last year, a handful of articles have come out disputing certain foreclosure listing companies from releasing inaccurate foreclosure data into the media.  Unfortunately, due to the illusive nature of foreclosures in themselves, these articles do not come out as often as need be.  But when these reports are released, they come out with their gloves off. The latest of these reports comes out of West Virginia.
According to an article published by the Charleston Gazette, “five times more West Virginia homes and businesses were sold in foreclosure in 2007,” …

Foreclosure news »

[19 Sep 2008 | No Comment | 16 views]

With August foreclosure figures trickling in to the media this month, more erroneous data reporting is represented throughout all media outlets. Foreclosure filings for August did increase but total foreclosures for the period varied depending on the source.
According to an article in the Los Angeles Biz Journal, “Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 US properties during August.”  The article, published on September 12, 2008, titled “California has nation’s 2nd highest foreclosure rate in August,” continues by stating that while there …

ForeclosureRadar.com »

[15 Sep 2008 | One Comment | 55 views]

Recently within the media there were a couple articles reporting on the increase in foreclosures in San Diego County.  While all the articles stated that foreclosure flings in San Diego had in fact increased, all of the articles had differing numbers representing the increase.  The numbers that differed were the total foreclosure filings for San Diego County for the period of July 2008.
The first article published August 22, 2008, “Foreclosures up 213% for July over last year,” stated that, “2,004 San Diego County homes went into foreclosure in July.” The …

ForeclosureS.com »

[2 Sep 2008 | No Comment | 21 views]

Revisiting the issue of ForeclosureS.com 5 million listings claim, Foreclosure Research discovered another discrepancy with the data provider’s listings.  That issue was that the company may be using .. not so true.. listings as a type of filler, in order to boost total listing numbers.
Nevada seems to have many of these types of listings with Lyon County, Nevada being the biggest offender.

In the image above readers can see a screenshot of a search results page for Lyon County, Nevada.  This shot was taken two weeks ago from today.  However, revisiting …