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 latest slew of questionable foreclosure statistics and reporting has hit the press, this time out of Idaho. This particular headline was especially peculiar as Idaho rarely has ominous headlines about its respective foreclosure rates.
The Idaho Article comes from a local news station, LocalNews8, titled, “Idaho Foreclosure Rate Among Nation’s Highest.” The article written by Aman Chabra was troubling considering that if Idaho has one of the nation’s highest foreclosure rates, then the economy may truly be heading to shambles.
The article reads, “According to RealtyTrac.com, 1 out of every …

You never know when foreclosures are up or down in this market. Actually, even despite the market, foreclosures can be up, and at the same time they can be down.
Are you confused? You should be.
Take one of the latest foreclosure articles as an example. This article, titled “foreclosure rates up 25 percent year-over-year,” describes how ” more than 279,500 U.S. homes received at least one foreclosure-related notice in October (an increase of 5 percent over September).” The article written by Adrian Sanz was published in Yahoo news on …

With the latest third-quarter figures still in the news, now is a good time for some further scrutinization. Strategically and purposefully, it seems that foreclosure listings companies offer their statistics in varying forms as not to draw any obvious attention to the disparities afflicting the data.
The most recent reports do just that.  An article published on October 10, 2008 in the South Florida Business Journal, uses ForeclosureS.com reported numbers for Florida during the period of September, 2008. The article, titled, “Florida ranks No. 3 for foreclosures,” stated there were …

With the recent revelation coming from Realty Trac’s reporting process, Foreclosure Research has come across some interesting findings.
Referring back to the article, “How many foreclosures? ‘We know we’re underreporting West Virginia,’” Rick Sharga provided the following insight, “West Virginia is one of the states where we need to do a better job.”  He continued by stating, “We know we’re under reporting in West Virginia,” and that, “we concentrate on areas of 25,000 people or more.”
The article also touched upon the fact that Realty Trac stated West Virginia had a very …

Foreclosure numbers begin to soar across all mediums as states and counties report their respective figures. One state, whose numbers have gained nationwide recognition is that of New Jersey, whose foreclosure filings seem to have more than doubled.
According to an article, published by The Star-Ledger on July 26, 2008, “foreclosure filings in New Jersey increased by 140 percent from April to June to more than 17,000.” Author Beth Fitzgerald continued by stating that Realty Trac had reported the increase and that foreclosures in New Jersey now represented the 12th-highest rate …

The latest foreclosures numbers have been released by various foreclosure reporting agencies.  According to most of the reports second quarter foreclosure filings have increased since the same period one year ago.
In an article published by Bloomberg.com on July 25, 2008, RealtyTrac, a reporting agency located in Irvine, California specifically stated foreclosures had increased more than 120% during that period.  The article titled, “U.S Foreclosures Double as House Prices Decline,” by author Bob Ivry, also stated that while foreclosure may have doubled from 2007, there was only a 14 percent increase …

While differing foreclosure figures have been in the media for a while now, our emphasis began on looking in to foreclosure reporting companies. We attempted to gather some of the data directly from the source and analyze it for our visitors on ForeclosureResearch.com.

The main media source for foreclosure data and industry trends is RealtyTrac. This was our first contact. We were surprised to find that RealtyTrac does not publish general foreclosure numbers provided on the website home page like many of the other foreclosure listing services. Clicking on …

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 …