Realtystore.com recently issued a press release for notices of trustee sale (NTS) in Oregon for January 2010. This particular press release was peculiar as Realtystore.com issues very few if any press releases. Adding to the peculiarity was that the press release was for the state of Oregon, which has a relatively low foreclosure rate.
According to the press release, RealtyStore.com reported 1,413 notices of trustee sale for the month of January. This is up 42% from the previous year.
Now that RealtyStore is seemingly willing to partake in the foreclosure …

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 year or at least that’s what the headline reads.
Let’s hope visitors to the site at least read through the first paragraph which states, “Almost 3 million homeowners received at least one foreclosure filing during 2009.”
Even more so, let’s …

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 Fannie Mae and Freddie Mac the option to refinance at more affordable rates or more affordable payment schedules. The program is back by $75 billion in tax payer funds.
However, the billion dollar question may be “is it working?” According …

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 in filings with a 13 percent decrease in repossessions. ForeclosureS.com didn’t offer a report for the month presumably because they found an increase in fillings, as they have historically reported larger number of properties in foreclosure.
Here are some of …

It looks like RealtyTrac and Foreclosures.com are getting closer to similar reporting results but have yet to get it down to a science. The most recent statistics for Clark County Nevada came to only a 6.5% disparity compared to past differences of up to 100%. While the percent difference was closer than usual, the difference in the total properties varied by 13%.
It’s also getting harder and harder to catch. While RealtyTrac reports foreclosure flings, which include both default notices and REO properties, ForeclosureS.com reports them separately. Also, many times …

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 …

Looking back on the last six months of 2009, foreclosures have seen their share of increases, decreases and record highs- or at least depending on who you ask. This inconsistency leaving the country to wonder what lies ahead for the economy. Many economists and real estate experts predict foreclosures will increase to highs greater than seen in years prior, while others predict a softening.
One thing is certain. The media has made it quite apparent that the worst is yet to come, highlighting reports of heightening foreclosure filings, or notices of …

With third quarter reports still trickling in, foreclosure research agencies continue to take varying approaches to how their foreclosure numbers are reported. One method is no less confusing that the next, especially when compounded with reporter bias.
Take the latest foreclosure statistics article published on December 5, 2008, from the website, CNNMoney.com. The article is titled, “Foreclosures soar 76% to record 1.35 million,” and is written by Tami Luhby. The article offers a totally different approach to presenting foreclosure statistics by providing the ‘default rate’. The ‘default rate’ is not to …

The Second quarter foreclosure reports continue to roll in with the latest figures from Realty Trac released. One general statistic released by Realty Trac, a foreclosure reporting company based out of Irvine, California, has been appearing on hundreds of newspaper articles across the country.
According to all articles and taken directly from the Realty Trac foreclosure activity report, “one in every 171 U.S. households received a foreclosure filing during the quarter.”
Performing calculations and some further investigation, one could take the same information and present it in a way more favorable …