NATIONAL FORECLOSURES INCREASE MORE THAN 13 PERCENT IN DECEMBER

NATIONAL FORECLOSURES INCREASE MORE THAN 13 PERCENT IN DECEMBER ACCORDING TO REALTYTRAC™ U.S. FORECLOSURE MARKET REPORT
Foreclosure Rate Matches Highest Level of the Year with More Than 80,000 New Foreclosures Texas, Ohio, Indiana, Nevada and Utah Post Highest Foreclosure Rates in the Country

Irvine, Calif. – January 12, 2006 – RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its December 2005 Monthly U.S. Foreclosure Market Report, which shows 81,290 properties nationwide entered some stage of foreclosure in December, a 13.5 percent increase from the previous month. The report shows a December national foreclosure rate of one new foreclosure for every 1,422 U.S. households, the highest foreclosure rate reported in 2005.

RealtyTrac publishes the largest national database of pre-foreclosure and foreclosure properties, with more than 550,000 properties in nearly 2,000 counties across the country, and is the foreclosure data provider to MSN House & Home, Yahoo! Real Estate, AOL Real Estate and HomeGain.com.

“December’s higher US foreclosure rates were almost exactly the same foreclosure rates reported in October, which means that the two months with the highest numbers of foreclosures were both in the fourth quarter of 2005,” said James J. Saccacio, chief executive officer of RealtyTrac. “These rising numbers to finish off the year may indicate that economic factors such as higher interest rates are making it harder for some homeowners stay current on their mortgage payments.”

Texas documented the highest foreclosure rate of any state thanks to a 61 percent increase in new foreclosures in December. The state reported 12,753 properties entering some stage of foreclosure, one new foreclosure for every 631 households and the most new foreclosures reported by any state. Texas accounted for more than 15 percent of the nation’s new foreclosures.

Increasing foreclosures in Ohio and Indiana kept foreclosure rates in those states among the nation’s five highest for the second month in a row. Ohio reported 6,767 properties entering some stage of foreclosure, a 36 percent increase and one new foreclosure for every 707 households. Indiana reported 3,387 properties entering some stage of foreclosure, a 21 percent increase and one new foreclosure for every 746 households.

Foreclosures jumped 30 percent in Nevada and 22 percent in Utah, and foreclosure rates in those states also ranked among five highest nationwide. Nevada reported 1,124 properties entering some stage of foreclosure, one foreclosure for every 772 households, and Utah reported 871 properties entering some stage of foreclosure, one foreclosure for every 882 households.

Foreclosure rates in Colorado, Georgia and Florida dropped out of the five highest nationwide thanks to decreasing foreclosures in December. Colorado reported 1,264 properties entering some stage of foreclosure — a 53 percent decrease — and the state’s foreclosure rate registered below the national average for the first time in 2005. Georgia reported 3,007 properties entering some stage of foreclosure, a 32 percent decrease and one new foreclosure for every 1,030 households. Florida reported 8,050 properties entering some stage of foreclosure, a 9 percent decrease and one new foreclosure for every 908 households.

California reported 7,674 properties entering some stage of foreclosure, a 27 percent increase and the third most new foreclosures reported by any state in December. But with new one foreclosure for every 1,592 households, the state’s foreclosure rate remained below the national average. New York also maintained a foreclosure rate below the national average with 4,500 new foreclosures, a 4 percent decrease from the previous month.

The RealtyTrac Monthly U.S. Foreclosure Market Report provides a graphical map that illustrates foreclosure percentiles by state (appended to this press release or available by request), as well as the total number of homes in some stage of foreclosure nationwide and by state over the preceding month. Data is also available at the individual county level. RealtyTrac’s report includes properties in all three phases of foreclosure: Pre-foreclosures — Notice of Default (NOD) and Lis Pendens (LIS); Foreclosures — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been repurchased by a bank).

About RealtyTrac Inc.
Ranked as the third largest real estate site by MediaMetrix and No. 53 on Inc.magazine’s 2006 Inc. 500 list of the nation’s fastest-growingprivate companies, RealtyTrac Inc. (realtytrac.com),is the leading online marketplace for foreclosure properties, providing all theresources that home seekers, investors and real estate agents need to locate,evaluate and buy properties below market value.Founded in 1996, RealtyTracpublishes the largest and most comprehensive national database ofpre-foreclosure, foreclosure, For Sale By Owner, resale and new homes, withmore than 1 million properties across the country, property reports,productivity tools and extensive professional resources. RealtyTrac hostsnearly 3 million unique visitors monthly and has been chosen to supplyforeclosure data to MSN Real Estate, Yahoo! Real Estate and The Wall StreetJournal’s Real Estate Journal. For current news and information regardingforeclosure-related issues and trends, visit our blog at www.ForeclosurePulse.com.

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Order Customized Reports
Detailed and historical foreclosure data used to create the above report may bepurchased through the RealtyTrac Data Licensing Department at 949.502.8300 Ext.158. Aggregate data is available at the state, metro, county and zip codelevels dating back to 2005, and address-level foreclosure records are alsoavailable historically.

Media Contacts:
Michelle Schneider
949.502.8300 Ext. 139
michelle.schneider@realtytrac.com

Christine Stricker
949.502.8300 Ext. 268
christine.stricker@realtytrac.com

Detailed & Historical Data:
Tyler White
949.502.8300 Ext. 158
tyler.white@realtytrac.com

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