Some more conflicting numbers are out this week along with a sprinkle of blatantly wrong information. Foreclosure statistics for 2008 continue to make national headlines. Last week’s Foreclosure Research article focused on foreclosure fillings while this week’s article will take a glimpse at actual foreclosures across the country in 2008.

One article out of BusinessWeek offered some foreclosure statistics from ForeclosureS.com. According to the article, “the foreclosure process was begun on 2 million” homes but there were “over one million lost homes,” or actual repossessions.

However, according to an Associated Press article on Google, RealtyTrac reported only 860,000 actual repossessions by lenders.

The difference between actual foreclosures for both companies is almost 200,000 properties.

As for simply wrong information, that was found out of the BolivarMoNews website, where they put their own twist on the foreclosure information. Utilizing the report from RealtyTrac.com, reporter Sarah West stated that, “1 in 54 homes in the United States were foreclosed on, according to RealtyTrac Inc.”

This is incorrect. One in fifty-four homes received a foreclosure notice. As mentioned in prior articles, foreclosure repossessions and foreclosure notices are commonly confused by reporters and media journalists, giving the public completely false information.

In fact, based on U.S. Census data 1 in 147 homes were foreclosed on. A big wag of the finger goes out to BolivarMoNews.com and to the foreclosure listing companies with their incongruous data.