Foreclosure.com and USATODAY.com Strike Data Deal
December 21, 2006
America's largest provider of data on distressed properties to provide one of the nation's most trafficked news and information Web sites with national foreclosure listings
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Texas, Michigan Lead in Foreclosures
December 8, 2006
Texas led the nation in the number of new foreclosures in November, followed by Michigan, according to Foreclosure.com.
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FEATURE STORY
November 29, 2006
The groundbreaking Foreclosure.com Live Auction feature gets
top billing from leading industry publication.
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These homes were lost ... and that's just the beginning
September 24, 2006
With the help of Foreclosure.com, a national data service, we can show, for the first time, the concentrations of foreclosures over the last year and a half that are threatening the fabric of communities in places like North Minneapolis and St. Paul's East Side — and the scattered clusters of home losses popping up in places like Brooklyn Park, Cottage Grove and Apple Valley.
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Financial Review: Capital Sources
September 13, 2006
"The economy in Florida has been so strong for a long time," said Brad Geisen, president and chief executive of Foreclosure.com. "If you go back 10 or 15 years, foreclosures were high because Florida was a transient state. What we've been seeing is properties have been appreciating dramatically, so Florida is losing the middle market."
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Rate of new foreclosures falls in Florida
August 9, 2006
... The decline in new foreclosures in Florida is attributable to a housing market more resilient than in many other states, said Brad Geisen, Foreclosure.com president and chief executive officer.
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Should You Buy a Foreclosed Property?
July 21, 2006
Buying property in a pre-foreclosure stage — the period between receiving a Notice of Default from the lender and the day the lender puts the property up for an auction —
may offer the best bargains, but it's also the most difficult. "There's definitely an art to it," says Brad Geisen, CEO of Foreclosure.com. "Pre-foreclosures tend to be more for the seasoned investors."
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Study Says U.S. Foreclosures Rising, Driving Market
July 12, 2006
... "Everything we are seeing in the current climate in the real estate industry is driven by rising interest rates and a sluggish housing market," said Brad Geisen, president and CEO of Foreclosure.com.
"This has fueled interest in the foreclosure market, creating golden opportunities for investors and people looking for good deals on homes."
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Cooling Home Market Spurs Interest in Foreclosure Sales
July 6, 2006
... we checked three [foreclosure Web sites] for listings in one neighborhood near Atlanta. Foreclosure.com was the only one of the three sites to correctly report that the price
had been cut ...
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As "hardship homes" surge, investors find good deals lag
June 19, 2006
Norwalk, Calif. — They gather outside the courthouse every day for the latest real estate auction. Some are professional investors; others come to ply skills gleaned at get-rich-quick seminars.
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Boca firm stays on top of fast paced foreclosure market
June 18, 2006
It's a "buyer's market" nationwide in residential properties, says Boca Raton based Foreclosure.com President and CEO Brad Geisen. Geisen told The Boca Raton News that a one-month increase of 3,859
residential foreclosures nationwide tracked by Foreclosure.com confirms the existence of a buyer's market in the residential sector.
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State foreclosures up in May
June 14, 2006
Georgia's new foreclosures rose about 15 percent in May, according to Foreclosure.com.
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Home foreclosure hot spots
June 1, 2006
Turns out, plenty of homeowners are suffering despite the recent boom in house prices.
According to Foreclosure.com, a Boca Raton, Fla.-based data service that tracks delinquent
mortgage holders, at the end of April there were 87,582 American homes in some phase of foreclosure.
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Homeowners feel pinch of adjustable-rate loans
May 15, 2006
... Brad Geisen, the head of foreclosure.com, a default-tracking company, said the increase in default notices here should be taken seriously. The nation's housing boom has been
driven by adjustable loans with low "teaser" rates, Geisen said. The most risky, such as negative-amortization loans, sometimes are called "exotic."
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Strong jobs market can't keep US housing from cooling
April 18, 2006
NEW YORK (MarketWatch) -- ... The "middle market" in Florida - that's homes valued from $600,000 to $1.5 million, in Geisen's estimate - "is flooded," with supply outpacing demand, he said. Rising mortgage rates are likely contributing to the slowdown. The properties for sale may also be "overvalued" so they're sitting on the market longer, he added.
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State's foreclosures drop slightly in February
March 15, 2006
LAWRENCEVILLE -- Georgia's number of new foreclosures dropped slightly in February compared to the same time a year ago, according to Foreclosure.com.
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Michigan foreclosures double in two years, now 2 1/2 times U.S. rate
February 27, 2006
The number of homes undergoing foreclosure in Michigan doubled from February 2004 to February 2006 to a rate that is 2 1/2 times the nation's, according to a group that monitors foreclosures.
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Bankruptcy rules feed foreclosures
February 23, 2006
Bankruptcy reform appears to be catching homeowners unaware and playing a role in accelerating first-quarter foreclosure rates in Bexar County and around the state.
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Georgia foreclosures spike in January
February 15, 2006
The number of new foreclosed residential properties in Georgia jumped 17 percent to 2,049 in January, according to data reported Feb. 15 by Foreclosure.com.
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U.S. foreclosures rising with rates
February 4, 2006
Hundreds of thousands of American homeowners will break their budgets this year trying to keep up with rising house payments, foreclosure experts say.
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Guilford foreclosures double in four years
January 22, 2006
Home foreclosures have more than doubled in Guilford County during the past four years, a News & Record analysis shows.
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