Foreclosure Details for Your City

from the Data Overload dept.

According to the site; “ForeclosureRadar.com is the only place where you’ll find complete up-to-date information on every foreclosure opportunity available in California, including exclusive daily updates on every auction. And we’re the only foreclosure service that provides a comprehensive set of professional tools for Realtors and Investors to find, evaluate, and track the best foreclosure opportunities.”

This California company started about a year ago and offers valuable information about foreclosures, auctions and statistical analysis. North County Times‘ Zach Fox tells us, “December foreclosure sales in San Diego County quadrupled year over year”. He refers to a number of sources including DataQuick and Hanley Wood Market Intelligence, a research firm based in Costa Mesa. But he gets much of his meaty data from ForeclosureRadar. These and other sources often charge a fee for their research but many offer a freebie or limited access for first time users. I used that opportunity to generate the chart below.

Sign of the times

Data overload is manageable if you stick to the specific data you need.

This chart shows specific properties in Lemon Grove, the smallest town in my coverage area. It is a small sample of the 200 properties in the limited sample report that ForeclosureRadar allowed me. Notice that some information is UNKnown and that the data includes single and multi-family residences. House numbers aren’t included and I don’t know if paying users get that info. I suspect that the estimated values are high, from my understanding of this market. If this kind of information is helpful to you, feel free to give it a try. Your Redfin agent will help you save even more when you’re ready to buy.

[data from generally reliable sources, please comment on any errors!]