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Realty Trac foreclosures statistics questioned … again

April 21, 2008 By 6 Comments


Realty Trac foreclosures statistics questioned

This time it comes from a disgruntled (and astute) WashingtonCityPaper.com reader who raises a valid point about a glaring inconsistency.

Here’s the snip:

“RealtyTracs numbers are inaccurate. Look at the Year Over Year comparison. According to RealtyTrac, DCs March 08 numbers are 6,040% higher than the March 07 numbers. RealtyTrac explains this by saying this percentage might not be totally accurate due to improvements in its collection systems. What does that mean? Were the 07 numbers wrong? Are the 08 numbers wrong? How do you have a 6000% difference and not explain it in a hell of a lot more detail? And why do the media just rely on RealtyTrace without any further digging?… If the City Paper wants to know what the DC numbers are, then send a staffer to the Recorder of Deeds office and check the stats.”

For more troubling news reports that reference Realty Trac foreclosure statistics click here, here, here, here, here and here.

Filed Under: Foreclosure Listings, Free Foreclosure List, National Foreclosure Data Tagged With: , , , ,

National foreclosure rates to be discussed

March 11, 2008 By Leave a Comment

Foreclosure.com Founder, President and CEO, Brad Geisen, will hold an online Webinar presentation for the media this Thursday, March 13 at 2 p.m. ET to address the growing foreclosure “crisis,” as well as the current and future condition of the national housing market.

This is the first opportunity for the media to discuss national foreclosure statistics with Foreclosure.com in more than one year.

Find out the reasons.

Webinar particulars:

Who: Foreclosure.com Founder, President and CEO, Brad Geisen

What: Expert speaker on national foreclosure situation and distressed real estate investing

When: Thursday, March 13 at 2 p.m. ET

Where: Via online Webinar presentation

Mr. Geisen will shed light on the massive disparities among providers that track nationwide foreclosure figures.

Who and what is right? Does the collective media know if the national foreclosure statistics that it reports are even accurate?

It’s time to find out the truth behind the numbers.

Charts, graphs and other visual evidence will be made available for reporters who tune-in to the online presentation. In addition, the floor will be opened up for specific reporter questions throughout the Webinar, which will be answered.

To watch or listen (or both) to the media Webinar with Brad Geisen please contact Tom Myers at (561) 981-5337 ext. 381 or tmyers@foreclosure.com for dial-in information and more details.

Filed Under: Foreclosure News, National Foreclosure Data, National Foreclosure Listings

Exclusive holiday promo discount for Foreclosure.com blog readers

November 27, 2007 By 2 Comments

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Ho-Ho-Ho

Foreclosure.com is in the mood to spread some cheer this holiday season with a special discount on our monthly subscription service to access more than 1.2 million distressed real estate listings nationwide.

That’s right, we’re chopping 25 percent of the original price for the month of December just for our blog readers, ensuring that you receive total access to the most comprehensive and reliable foreclosure listings on the Web for the cheapest price.

“Other” so-called foreclosure listing sites charge up to $50 for a subscription, which is rather expensive to be perfectly honest. This special limited-time offer enables you to lock-in a price that is nearly half the amount the competition wants you to pay!

Take advantage of this discount now and reap the rewards well into the New Year the 25 percent discount will remain effective each month if you sign-up now (enter promo code: holidaysavings) even after the offer expires on December 31.

It’s the perfect gift to motivate you or someone close who has talked about getting rich with real estate. That’s because the time to invest is NOW  foreclosure deals are everywhere!

In just a few short days (believe it or not) the New Year will be upon us and this offer will expire if you don’t act now. Do yourself a favor and capitalize on this great deal and use it to your financial benefit through 2008 and beyond.

To lock-in this special limited-time holiday savings from Foreclosure.com CLICK HERE. Fill out the quick form on the registration page and enter “holidaysavings“ (don’t include the “”) in the section where it says “Click here to enter promo code.”

Best of luck in your search. And once again the Foreclosure.com team wishes you and yours a happy, safe and successful New Year.

Free Foreclosure Lists

Filed Under: Foreclosure Investment Opportunities, Foreclosure News, National Foreclosure Data, National Foreclosure Listings

Foreclosure free listing from Foreclosure.com

October 15, 2007 By 1 Comment

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With all the news we’ve been passing along lately somehow one of the best offers from Foreclosure.com fell through the cracks:

We now include a FREE e-Book entitled, “Cash in on the Foreclosure Process,” when you sign up to check out our nationwide database of more that 1.2 million distressed real estate listings with a FREE 7-Day Trial.

That’s right, FREE e-Book and FREE 7-Day Trial just for giving our site a test drive — no strings attached, cancel the trial membership at any time.

From how to buy a foreclosure to five simple steps to successful investing, “Cash in on the Foreclosure Process” is all you need to start making money in today’s sizzling foreclosure market!

That is of course when you combine it with our accurate (and the most reliable) real estate listings, which include foreclosures, preforeclosures, tax liens, bankruptcies, For Sale By Owner (FSBO) homes and more right in your backyard.

It’s the perfect recipe for success.

Free Foreclosure Lists

But don’t just take our word for it. Check out the reasons we are the #1 Rated foreclosure site on the Web, as well as some of the positive experiences from our subscribers.

In the meantime, feel free to register for a FREE 7-Day Trial and receive our informative e-Book called, “Cash-in on the Foreclosure Process” for FREE. CLICK HERE.

Filed Under: Foreclosure News, Free Foreclosure List, National Foreclosure Data, National Foreclosure Listings

Subprime foreclosures

August 20, 2007 By 3 Comments

Subprime foreclosures

The big news over the past few weeks has been the subprime mortgage issues with lenders such as Countrywide Financial Corp. — the nation’s largest mortgage lender — going through a major credit crunch.

In fact, Countrywide stock has lost half its value and there are major layoffs in the works.

At Foreclosure.com, we have not noticed an increase in foreclosure listings as a result of this supposed collapse in mortgages. For the most part, we have seen our active base of listings go up (the current listings on our site are remaining active and not being purchased), but we have not seen the new foreclosure listings increase at all.

Our foreclosure numbers have experienced a slight increase, however, because of the active listings remaining on the Web site longer. But that is all we have seen at this point.

Over the next few weeks we will find out whether or not this has been a true crisis with subprime foreclosures or it has been overblown. To monitor the situation yourself just check out our homepage — we post the current active foreclosures there each day. And as August 19, 2007, we have about 183,225 active foreclosure listings throughout the United States.

Stay tuned.

Filed Under: Foreclosure News, National Foreclosure Data, National Foreclosure Listings, Subprime Foreclosures
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