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?"

4 Comments:

At 8:52 AM, Blogger Ben Jones said...

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.

 
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 foreclosure.com 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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