Continuing from last week’s article, “The Underbelly of an Online Listing Provider,” Foreclosure Research has delved into the listing side of Foreclosure Store (ForeclosureStore.com) in order to gain a better understanding of their illusory practices.
Luckily for us, most of the information (or shall I say disinformation) is available on the site without a subscription- at least the general information on the property.
The first noticeably suspicious aspects of the listings are the photos attached to the property addresses.  I searched for foreclosures in Fort Lauderdale and at fist glance there are …

As Foreclosure Research has reported since its inception, foreclosure statistics have proven to be illusive by nature. Not one foreclosure reporting company will have the same figure for a given period of time. While the statistics as a whole may be far from exact, at least there is factual data behind the listings. However, for some online listings companies that is not always the case. Some companies actually use the illusive nature of foreclosures in their favor in order to deceive users by aggregating misleading and false information.
In this …

The first month of the year may be an indicator of better times to come. For the first time in a while all foreclosure listing companies reported a decline in January foreclosures.
As seems to be the norm, the percent by which foreclosures decreased continues to be up to debate. According to an article published in Ad Hoc News, ForeclosureS.com reported that nationwide foreclosure had decreased 25 percent. The company also reported a 12 percent decrease in foreclosure filings.
However, according to a separate series of articles, a different percent was …

It looks like the December foreclosure figures were overshadowed by reports of an 81 percent increase in 2008. Just a quick analysis shows that those figures should have been given a little more priority by media outlets as many states reflected a decrease or very slight increases in filings for the month, a great sign in the midst of a bedraggled economy.
In fact, there was only a trickle of articles mentioning a decrease for the month of December, at least according to recent headlines. Most continued to report increases …