It is evident that ForeclosureResearch is not the only one with concerns over certain foreclosure reporting companies The Housing Assistance Council, a Washington DC non-profit, has also expressed concerns over foreclosure data in certain areas of the country. Such concerns were recently released in an October 2009 HAC report, “What is the housing foreclosure situation in rural America?”
The report specifically describes concerns over RealtyTrac figures. Here is a snippet of the report:
RealtyTrac presents data for approximately 2,200 counties across the United States. This excludes roughly 900 counties, most of …

It has been a little over a year since the state of Colorado took foreclosure reporting into its own hands. Last month the state released its first yearly foreclosure report based on the numbers of its own collection methods. Colorado was the first state to break away from a reliance on the many times inaccurate reporting of RealtyTrac.
The only snag seemed to be reports comparing August and September 2009 rates with the prior year. According to the foreclosure data report, “the large difference in foreclosure filing totals between …

It looks like the foreclosure giant RealtyTrac has laid off a considerable number of employees within the last month. According to Inman News “RealtyTrac has trimmed its workforce by nearly 30 employees and is moving away from some media partnerships.” The layoffs comprise roughly a quarter of its current workforce.
According to Hitwise, an online metrics company, the company has exhibited a steady decrease in traffic over the last few months. The company also moved down in the rankings to 18 from 10 for overall online real estate popularity.
In the …