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Articles Archive for November 2008

ForeclosureRadar.com »

[21 Nov 2008 | No Comment | 27 views]
October Foreclosures: Trick or Treat?

On the plus side, foreclosures dropped in California in October all across the board. While the state still reflects some of the highest rates in the country, signs that foreclosures may be decreasing or even plateauing are a welcome report.
As far as by what percent foreclosures in California fell, it is unknown. As the norm, there were some conflicting numbers reported by varying foreclosure data companies.
According to an article in HousingWire titled, “Foreclosures Drop in California, as Lenders Boost Workout Attempts,” foreclosures dropped by 39.1 percent from September to October. …

ForeclosureS.com »

[13 Nov 2008 | One Comment | 19 views]
The Foreclosure Rollercoaster

You never know when foreclosures are up or down in this market. Actually, even despite the market, foreclosures can be up, and at the same time they can be down.
Are you confused? You should be.
Take one of the latest foreclosure articles as an example. This article, titled “foreclosure rates up 25 percent year-over-year,” describes how ” more than 279,500 U.S. homes received at least one foreclosure-related notice in October (an increase of 5 percent over September).” The article written by Adrian Sanz was published in Yahoo news on …

RealtyTrac »

[6 Nov 2008 | No Comment | 41 views]
The Foreclosure *Asterisks*

In many foreclosure news articles readers will see a whole slew of figures representing the data collected from various foreclosure listing companies. However, rarely will you see a cautionary note, or asterisks in this case, to forewarn readers that the number may require further information or that there is a considerable omission relating to the information.
There are however several asterisks in the latest report issued by Realty Trac. Their September and third quarter 2008 figures are filled with asterisks. Most are denoted next to the “% change” from that …