http://foreclosureresearch.com The Truth About Foreclosure Data Tue, 23 Feb 2010 17:14:02 +0000 http://backend.userland.com/rss092 en Hitwise recently released its top 20 real estate Web sites report for January showing some interesting new players in the game. Hitwise, an Esperian company, who provides online intelligence and tracking services to websites, issues monthly reports on traffic and visitor information on top industry sites. The latest report ... http://foreclosureresearch.com/2010/02/hitwise-list-shows-new-kid-on-the-block/ Ok, not really, but the headlines covering 2009 foreclosures may as well have purported such a figure. CNNMoney.com offered an article titled, “Record 3 million households hit with foreclosure in 2009.” The article written by Les Christie and published on January 14, 2010 seemingly reports three million foreclosures last ... http://foreclosureresearch.com/2010/01/1-biiiillllllion-foreclosures-in-2009/ As 2009 comes to a close let us revisit some of the top stories of the year. Undoubtedly the year was awash in news of a depressed economy and a depressed real estate market. However, with the cyclic nature of both these areas, we can only wait and see ... http://foreclosureresearch.com/2009/12/foreclosure-research-year-in-review-2/ On the upside, while foreclosures are up from previous years, many states have seen consecutive months of decreased foreclosure rates. Some experts say recent legislation, specifically the Obama Administration's Making Home Affordable Program, has played a significant role in the latest figures. The program offers homeowners with mortgages guaranteed by ... http://foreclosureresearch.com/2009/12/foreclosures-and-the-economy-a-positive-update/ According to a recent article published in the Los Angeles Times, an assistant economics professor identified a mysterious charge that stemmed from the foreclosure listings site, RealtyTrac. UCLA Assistant Professor Maria Casanova discovered a $44.95 charge eight months after she canceled her RealtyTrac subscription. Only through further investigation involving her ... http://foreclosureresearch.com/2009/11/realtytrac-facilitating-hidden-charges/ While browsing foreclosure data on Zillow.com, a property came up with the following comment in the Q&A section: "Why is the same house listed for sale for $2,500.00 on RealtyTrac." The property on Zillow was a Foreclosure.com property listed at $39,900. See picture below. With further investigation, the property, located at 145 ... http://foreclosureresearch.com/2009/11/data-spot-check/ 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, ... http://foreclosureresearch.com/2009/10/the-rural-debate-continues/ 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 ... http://foreclosureresearch.com/2009/10/colorado-post-hb-1402/ 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 ... http://foreclosureresearch.com/2009/10/realtytrac-layoffs-getting-back-to-the-basics/ Despite the fact that most foreclosure listing companies reported a nationwide decrease in foreclosures and default filings, the media offered headlines donned with the usual negative perspective. RealtyTrac seems to be the only major listing company that offered statistics for August. The foreclosure listing company reported a 1 percent decrease ... http://foreclosureresearch.com/2009/09/this-weeks-headlines-a-positive-or-negative-twist/