UPDATE: To watch the press conference described below right now click here.

Breaking more than one year of silence, Foreclosure.com Founder, President and CEO, Brad Geisen, recently hosted on online press conference with national media representatives to discuss the current foreclosure situation in particular and the overall U.S. housing market in general.

Foreclosure.com compiles the most accurate and comprehensive database of foreclosure properties and other distressed property listings available anywhere in the nation.

“The Truth Behind National Foreclosure Numbers” was designed to set the record straight once and for all. There’s been a ton of coverage dedicated to the issue, specifically during the last few months as things appear to get worse.

However, much of that has to do with misinformation and/or a lack of understanding of what we see happening on the ground. Too often we see reputable sources passing along bad data and “the sky is falling” statistics.

In reality, certain data sources count foreclosures multiple times, inflating the actual numbers and giving the media and general public an inaccurate picture of the real situation. Other factors also indicate that there is indeed light at the end of the tunnel.

Brad discussed an array of topics throughout “The Truth Behind National Foreclosure Numbers” presentation and answered specific reporter questions.

His take may contradict popular perception, but he’s got the data and supporting evidence to support his claim that we are just about at bottom of the market and it is going to start getting stronger.

To download the press conference and listen to it now click here. We’ll also work to get a slideshow of the presentation posted here in the next day or so.

Remember, for national and regional foreclosure statistics, charts and graphs, please contact Tom Myers at (561) 981-5337 ext. 381 or tmyers@foreclosure.com.