In The News

At foreclosure auctions, the hunt is on

03/19/2009 MSNBC

Mortgage meltdown sends newcomers and old hands in search of bargains.

 

The Risk from Underwater Homeowners

02/18/2009 Business Week

Obama's $75 billion mortgage rescue plan doesn't address the danger that more homeowners whose equity has evaporated might just walk away.

 

California's foreclosure pace slows in January

02/13/2009 Los Angeles Times

The number of repossessed homes sold at auction declines; fewer homeowners receive default notices.

 

Property tax revenue plummets with home values

01/25/2009 SF Gate

Consider that almost 250,000 homes in California were repossessed by lenders last year, according to ForeclosureRadar.com, and you get a sense of the mega dollars lost to the cities, counties, K-12 schools, community colleges and special districts that rely on property tax revenue.

 

Improvement seen in forceclosure picture

11/28/2008 Sacramento Bee

It's still early to speculate whether this might be the beginning of the end. No one wants to raise false hopes in a state that has already seen 275,000 households hand their keys back to the bank since January 2007.

 

AUDIO: Sticking To The Essentials In San Jose

11/10/2008 NPR - National Public Radio

Day-to-Day:
A working class Latino neighborhood in East San Jose is a great place to see the small and large impact this economic crisis is having on people. Hundreds of houses in the Mayfair neighborhood are being foreclosed, and people aren't buying more than essentials.

 

AUDIO: Foreclosure tracker offers solutions to housing meltdown

10/29/2008 Central Valley Business Times

Think you know what caused the housing meltdown and what it will take to dig out?

Prepare yourself for some out-of-the-box logic from a national expert on foreclosures that goes against much of what has been said.

 

ForeclosureRadar 2.0 launches with ramped-up foreclosure tools for professional investors and REALTORS®

10/21/2008 Press Release

ForeclosureRadar, which provides accurate, up-to-date information on the California foreclosure market, today launched version 2.0 of its online foreclosure platform. ForeclosureRadar 2.0 includes a host of new features and content aimed at helping professional real estate investors and REALTORS® make more informed decisions at every stage of the foreclosure process.

 

ForeclosureRadar releases free foreclosure search solution for real estate broker and agent websites

09/17/2008 Press Release

ForeclosureRadar which helps REALTORS® and professional investors participate confidently in the foreclosure process with accurate, timely information and tools, today released a new version of its FLX foreclosure property search solution. FLX - which functions just like an IDX search derived from the Multiple Listing Service - is available for real estate broker and agent websites as a free benefit with a standard ForeclosureRadar subscription.

 

Foreclosure auctions no place for amateurs

09/07/2008 San Francisco Chronicle

These auctions are not for amateurs - buyers must pay on the spot in cash (or cashier's check), clear title is not guaranteed, there are no inspections and no cooling-off periods.