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Three In Ten U.S. Adults Expect at least a 50 Percent Discount When Purchasing a Foreclosed Property

Three-quarters of homebuyers expect a discount of at least 25 percent on a foreclosure purchase, according to a survey released today by RealtyTrac and Trulia.

FORECLOSURE ACTIVITY DECREASES 7 PERCENT IN NOVEMBER

Foreclosure filings were reported on 259,085 U.S. properties in November, a 7 percent decrease from the previous month but still up 28 percent from November 2007.

REALTYTRAC’S RICK SHARGA ADDRESSES DEUTSCHE BANK DISTRESSED LAND SEMINAR

Rick Sharga, senior vice president at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will be a featured speaker at the Deutsche Bank Distressed Land Seminar Thurs., Nov. 20, 2008, from 8:30 a.m. to 4 p.m.

FORECLOSURE ACTIVITY INCREASES 5 PERCENT IN OCTOBER

Foreclosure filings were reported on 279,561 U.S. properties in October, a 5 percent increase from the previous month and a 25 percent increase from October 2007.

REALTYTRAC® RANKED 16TH IN DELOITTE’S TECHNOLOGY FAST 50 PROGRAM FOR ORANGE COUNTY’S FASTEST GROWING COMPANIES

RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, has been named to Deloitte’s prestigious Technology Fast 50 Program for Orange County.

FORECLOSURE ACTIVITY DECREASES 12 PERCENT IN SEPTEMBER

Foreclosure filings were reported on 265,968 properties in September, a 12 percent decrease from the previous month but still a 21 percent increase from September 2007.

REALTYTRAC’S JAMES J. SACCACIO TO DISCUSS FORECLOSURE CRISIS FALLOUT AT AFSA STATE GOVERNMENT AFFAIRS FORUM

James J. Saccacio, chief executive officer of RealtyTrac, will provide insight on foreclosure trends as a featured panelist at the AFSA’s 10th Annual State Government Affairs Forum Oct. 2, 2008.

REALTYTRAC’S RICK SHARGA ADDRESSES SEPTEMBER INDUSTRY CONFERENCES

Rick Sharga, vice president of marketing at RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, will be a featured speaker at a number of national real estate conferences during September.

REALTYTRAC’S RICK SHARGA ADDRESSES COLORADO MORTGAGE BROKERS CONFERENCE

Rick Sharga, senior vice president at RealtyTrac™ will be a featured speaker during the Colorado Association of Mortgage Brokers Convention & Expo today.

Foreclosure News for Jan. 16, 2009

When foreclosures Outnumber New HomesBoston GlobeJanuary 16, 2009

The number of people losing their homes to foreclosure across the country is now outstripping the number of new homes being built. More than 860,000 homes were foreclosed on last year, according to RealtyTrac. All told, builders were on track, as of last November, to build just [...]

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