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Foreclosure news, ForeclosureS.com »

[17 Jul 2008 | No Comment | 194 views]

The latest foreclosure figures have been released from two foreclosure listing sources. One report was released by RealtyTrac, the other report was released by competitor ForeclosureS.com.
In an article dated July 10, 2008 from the Associated Press, “US foreclosure filings surge 53 percent in June,” Realty Trac reported a 3 percent decrease in foreclosures from May 2008 to June 2008.
In a press release published in DSNews.com on July 14, 2008 by Rachel Daniels, ForeclosureS.com reported that foreclosures were “up 5.35 percent from May.”
One foreclosure listing source reported foreclosures decreasing …

Foreclosure news »

[17 Jul 2008 | No Comment | 295 views]

Since the beginning of the real estate downturn the media has been reporting some rather shocking headlines. Whether the headlines and the corresponding articles are based on truly shocking data or spun to sound more drastic is up to the reader to decide. The latest foreclosure report was released last Thursday, July 10, 2008.
Most of the headlines reflected an increase in foreclosures by 53 percent. An article written by Alan Zibel for the Associated Press, dated July 10, 2008, was titled, “US foreclosure filings surge 53 …