It’s your guide to everything foreclosure.
Whether you’re looking to research national and local foreclosure trends or foreclosure laws, analyze average savings for foreclosures in your area, or get expert tips on purchasing a foreclosure property below market value, you’ll find it all and much more in the Foreclosure Resource Center — a new online hub powered by RealtyTrac and focused on the foreclosures market.
The Foreclosure Resource Center was created for homebuyers, sellers, investors and anyone else interested in the foreclosures market and how it relates to the larger real estate market. The cornerstone of the resource center is a dynamic market trends tool that allows users to view regularly updated foreclosure trends, general real estate trends and mortgage interest rate trends for the entire nation or any of the 50 states.
In the foreclosure trends section, you’ll see a tally of new foreclosure filings for the most recent month and year to date, along with the number of foreclosure properties that have sold and average sales prices during the same monthly and year-to-date time periods. A foreclosure savings meter shows you how much foreclosure buyers are saving on average and how those savings fit into a spectrum of investment potential.
General real estate trends include number of sales, median assessed values, median sales prices, median square footage and median loan amounts for properties sold in the last two months.
The Foreclosure Resource Center also features regularly updated articles about the foreclosures market, including expert analysis of the latest trends, tips from professional foreclosure investors and stories about how others have successfully invested in the foreclosures market.
More Foreclosure Resource Center features you can use:
- Foreclosure buying eBooks written by experienced investors
- State-by-state summaries of the foreclosure process
- Dynamic map showing foreclosure inventory for each state — updated daily
- Daily e-mail alerts of new and updated foreclosures in your area
- Monthly newsletters covering the latest in the foreclosures market
- Neighborhood research tools to pinpoint ideal neighborhoods across the country
- Financial calculators to determine affordability, investment potential
- Tips and tools for selling by owner
- Nationwide foreclosure property search
The information in the Foreclosure Resource Center comes directly from the nation’s most trusted source of foreclosure data, RealtyTrac, which maintains a daily updated database of more than 650,000 foreclosure and pre-foreclosure properties from more than 2,500 counties across the nations and has been chosen as the foreclosure data provider to Yahoo! Real Estate, MSN Real Estate and The Wall Street Journal’s Real Estate Journal.