According to a revealing article in the Hartford Courant, RealtyTrac “radically” revised its total Connecticut foreclosure filings for the month of June. The article published on August 15, 2009, written by Kenneth R. Gosselin, states that the company first reported an 80 percent decrease in foreclosure filings when actually there was an increase of 31.5 percent.
The original numbers were revised due to further investigation by Courant reporters following the surprisingly low level of filings originally reported by the foreclosure data company.
RealtyTrac first reported only 56 foreclosure filings while the revision …
The first half of 2009 foreclosure reports continues to trickle in. Coming as no surprise to readers of Foreclosure Research, the reports have their variances in outcomes- some of these variances greater than others.
The latest report is comprised of figures from ForeclosureS.com who is no stranger to the media spotlight. The report was published in the Orlando Business Journal on July 9, 2009 titled, “Fla. Ranks No. 2 in foreclosures.”
According to the article, ForeclosureS.com reported 256,133 filings between January 2009 and June 2009. As for bank repossessions, ForeclosureS.com …
Social networking site, Twitter has been receiving quite a bit of media coverage over the last couple of months. Most notably with the Iranian presidential conflict where Twitter was the only means to deliver the latest news in the area. Now it seems Twitter is here to stay, with ubiquitous ‘tweets’ filtering into our daily lives.
This being said, Foreclosure Research has decided to jump on board. Recently we added the twitter icon and link to the navigation bar on the Web site. You don’t have to be …
According to the most recent foreclosure news articles foreclosure have once again reached record highs- now said to be in the millions. RealtyTrac’s semiannual report was recently released titled, “1.9 Million foreclosure filings reported on more than 1.5 million U.S. Properties in first half of 2009.” At least the foreclosure listing company correctly assessed the records as foreclosure filings rather than simply ‘foreclosures’ as many reporters incorrectly state.
RealtyTrac also provides some additional information in the headline, which makes our job much easier, which is specifying 1.5 million homes …
Today, July 17, 2009, marks one year since the genesis of Foreclosure Research. Our goal has been to provide informative reporting and serve as a checks and balances to the foreclosure reporting industry. Our one year anniversary further exemplifies our commitment to uncovering the truth behind foreclosure data.
Here are a few of the year’s highlights:
July 2008
ForeclosureS.com reports a 5% increase in foreclosures while RealtyTrac reports a 3% decrease, an 8% disparity.
August 2008
New Jersey court systems reports double the foreclosures as RealtyTrac for the same period.
ForeclosureS.com falsely states they …