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How is # of "Foreclosed Homes" in Foreclosure Trends defined? I.e. time period? Does not tie to other foreclosure data.
(Las Vegas, NV)

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Opportunus posted on 10 Feb 2010 08:31 AM

Foreclosed Homes # does not tie to data on pending foreclosure, auctions and REO.  Is it a historical number and if so, for what time period?

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Answered (Verified) darenb replied on 3 Mar 2010 10:33 AM
Verified by ian.douglas

The "Foreclosure Homes" number on the Trends page represents the total number of properties in some stage of foreclosure as of right now. That should match up closely with the total numbers in the "Pre-Foreclosure," "Auction" and "Bank Owned" tabs when you do a property search. It may be just a bit off because I believe it is updated once a day whereas the property search data is updated multiple times a day.

It will not match the totals in the other graphs on the Trends page because those graphs are based on total new activity in the most recent month.

 

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Answered (Verified) darenb replied on 3 Mar 2010 10:33 AM
Verified by ian.douglas

The "Foreclosure Homes" number on the Trends page represents the total number of properties in some stage of foreclosure as of right now. That should match up closely with the total numbers in the "Pre-Foreclosure," "Auction" and "Bank Owned" tabs when you do a property search. It may be just a bit off because I believe it is updated once a day whereas the property search data is updated multiple times a day.

It will not match the totals in the other graphs on the Trends page because those graphs are based on total new activity in the most recent month.

 

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2lasi replied on 17 Feb 2011 11:46 AM
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