Saturday, January 28, 2006

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?"


At 8:52 AM, Blogger Ben Jones said...

Some of you know I have been planning to evaluate 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 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.

At 5:00 PM, Blogger Pointlines said...

You are not mean.

I agree. It surely wasnt in the spirit of any flippers to sell to you and give you a good deal so when they are on the other side (foreclosure) then screw em........

At 4:57 AM, Blogger marc said...

If it's any help, I've been grabbing the data from daily since last June and plotting it here.

At 12:05 AM, Blogger TJ & The Bear said...

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.


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