What Is The Better Foreclosure Info Source?
A reader asks, "How about a thread on the quality and meaning of the different foreclosure statistics. There are several companies offering stats and they seem to have different definitions. Anyone out there know what's what?"
posted by Ben Jones @ 8:45 AM
3 Comments:
Some of you know I have been planning to evaluate foreclosure.com and realtytrack. Part of my hesitation is that I can't seem to pin them down on price. Both have a free sign up period, so I'll try to take advantage of that today.
One thing I can say about foreclosure.com is, they don't believe in a housing bubble. To them, the spirit of a foreclosure buyer should be about helping people get out of a bind. I'm not so sure that should be a motivating desire. Not to be mean, but when I am haggling for a car or whatever, I look out for my best interests.
If anyone knows of alternative services, please post it here.
If it's any help, I've been grabbing the data from foreclosure.com daily since last June and plotting it here.
Ben et al,
Please do follow up on these services. Even when housing hits bottom, I suspect they're will still be even better deals in foreclosures.
Post a Comment
<< Home