RealtyStore.com and Foreclosure.com listings analyzed through a random sampling of 100 properties nationwide.
Observations:
20% of RealtyStore.com listings sampled appeared on foreclosure.com as “inactive,” while the listing on RealtyStore were either “new” or “active.” Many times this signifies stale or outdated information.
Example 1:
113 Viaduct Pescara, American Canyon, CA 94503 is listed as “active” on RealtyStore.com. See image below:

The same property on Foreclosure.com is listed as “inactive” and with the address: 113 Via Pescara- which also happens to be the correct address. See image below:

When cross referenced with …

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 …

While perusing through Yahoo! Real Estate one particular property stood out. A 3/2 home on a 5-acre property in Fort Myers, FL for a steal of $100,000. The property was a preforeclosure listed by RealtyTrac.com, but a buyer would have to read the description to see that the home was in fact a Lis Pendens notice and not a typical foreclosure. What stood out front and center in this particular listing was the price, as shown in the image above. This raised a red flag for a couple …

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 shows some of the usual fluctuations within the major players in the online real estate arena, with one company standing out – RealtyStore.com. According to the report, RealtyStore.com moved up in the rankings from 49 in October, to 35 in December …

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 Stoneybrook Road in Pacolet South Carolina 29373 was in fact listed on both Foreclosure.com and RealtyTrac.com priced at $39,900 and $2,500 respectively.
See RealtyTrac below

See Foreclosure.com below

In order to find out which service was correct, Foreclosure Research contacted …

Just two years ago, RealtyTrac was in some hot water over counting foreclosure filings multiple times for a single property and providing inflated foreclosure statistics to the media. Since then, the company has said to have changed its data collecting and reporting methods. However, as seen in last week’s articles, many of these duplicate listings are still appearing throughout the media.
On their statistics page, readers can see the different categories for filings; however, the actual numbers are not easy to come by. One would have to break out a calculator …

In the midst of foreclosure reports touting the worst of the real estate market meltdown, one article seemed to stray away from the pack. Published on March 2, 2009 on The New York Times Web site, the article headline reads, “Foreclosure Rates Aren’t Really That High…”
While many would say otherwise, the fact that the article was such a departure from the usual doom and gloom warranted a further look. According to the article by Catherine Rampell, a new study out of the University of Virginia states that foreclosures …