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Articles tagged with: RealtyTrac

RealtyStore.com, RealtyTrac »

[30 Mar 2010 | No Comment | 407 views]
Notice of Trustee Sales- you be the judge

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 …

Foreclosure.com, RealtyTrac »

[12 Mar 2010 | One Comment | 345 views]
Data Spot Check

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 …

RealtyStore.com »

[23 Feb 2010 | One Comment | 299 views]
Hitwise List Shows New Kid on the Block

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 …

Media & Politics »

[22 Jan 2010 | One Comment | 308 views]
1 BIIIILLLLLLION  Foreclosures in 2009

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 …

Real Estate & Economy »

[31 Dec 2009 | No Comment | 279 views]
Foreclosure Research Year in Review

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 what developments arise in the coming year, and in the coming decade.
January 2009
Foreclosure Research reports mixed figures on foreclosure filings and REOs for 2008.
According to RealtyTrac there were a total of 3.16 million filings for the year. ForeclosureS.com reported …

Featured, RealtyTrac »

[13 Nov 2009 | No Comment | 614 views]
RealtyTrac- facilitating hidden charges?

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 bank did Casanova discover the charge stemmed from the RealtyTrac registration, where she unwittingly hit an orange “continue” button. According to a RealtyTrac representative the continue button was for an additional product for a completely separate company, Real Estate Promoter.
The …

Foreclosure news »

[16 Oct 2009 | One Comment | 485 views]
Colorado- Post HB 1402

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 on the many times inaccurate reporting of RealtyTrac.
The only snag seemed to be reports comparing August and September 2009 rates with the prior year. According to the foreclosure data report, “the large difference in foreclosure filing totals between …

RealtyTrac »

[9 Oct 2009 | No Comment | 1,087 views]
RealtyTrac Layoffs- Getting Back to the Basics?

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 workforce.
According to Hitwise, an online metrics company, the company has exhibited a steady decrease in traffic over the last few months. The company also moved down in the rankings to 18 from 10 for overall online real estate popularity.
In the …

Media & Politics »

[18 Sep 2009 | No Comment | 202 views]
This Week’s Headlines: A positive or negative twist?

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 …

ForeclosureS.com »

[10 Sep 2009 | One Comment | 260 views]
Close, But No Cigar

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 …