In the News 2006

News
2006 Archive

South Florida Business Journal

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  ...  more

SmartMoney.com

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"  ...  more

The Chattanoogan.com

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" ...  more

The Wall Street Journal

Cooling Home Market Spurs Interest in Foreclosure Sales
July 07, 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 ...  more

Atlanta Business Chronicle

State foreclosures up in May
June 14, 2006
... Georgia's new foreclosures rose about 15 percent in May, according to Foreclosure.com ...  more

MSNBC

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 ...  more

MySA.com

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 ...  more

Atlanta Business Chronicle

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 ...  more

JSOnline

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 ...  more
 
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