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REALTYTRAC’S STRATEGIC PARTNERSHIP WITH PRIMEDIA EXPANDS FORECLOSURE DATA REACH

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac and Primedia Inc. announced a partnership that allows users of several Primedia websites to search foreclosure properties nationwide.0Tue, 26 May 2009 08:00:00 GMT

Survey: Interest in Purchasing Foreclosed Homes Spikes

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
A new study shows notable gains in consumers’ willingness to buy foreclosed properties, with 55 percent of U.S. adults indicating at least somewhat likely to consider purchasing a foreclosed home.0Wed, 20 May 2009 08:00:00 GMTA new tracking study conducted by Harris Interactive® on behalf of RealtyTrac and Trulia shows notable gains in consumers’ willingness to buy foreclosed properties, with 55 percent of U.S. adults indicating that they are at least somewhat likely to consider purchasing a foreclosed home in the future, compared to the 47 percent of U.S. adults who indicated the same in November 2008. In the current market, U.S. adults believe foreclosed homes are an even greater bargain opportunity than before, with 40 percent expecting to pay at least 50 percent less for a foreclosed home, compared to only 31 percent of U.S. adults surveyed in November 2008.

FORECLOSURE ACTIVITY REMAINS AT RECORD LEVELS IN APRIL

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 342,038 U.S. properties during April, an increase of less than 1 percent from the previous month and an increase of 32 percent from April 2008. 0Tue, 12 May 2009 08:00:00 GMTForeclosure filings were reported on 342,038 U.S. properties in April, an increase of less than 1 percent from the previous month and an increase of 32 percent from April 2008, according to the U.S. Foreclosure Market Report. The report also shows that one in every 374 U.S. housing units received a foreclosure filing in April. “Much of the April activity was at the initial stages of foreclosure – the default and auction stages – while bank repossessions, or REOs, were down on a monthly and annual basis to their lowest level since March 2008,” said James J. Saccacio, chief executive officer of RealtyTrac.

GABRIELS AND REALTYTRAC ANNOUNCE PARTNERSHIP TO DELIVER NATIONWIDE SEARCH WITH MORE THAN 1.5 MILLION REALTYTRAC FORECLOSURE LISTINGS

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Gabriels Technology Solutions and RealtyTrac today announced a partnership to deliver nationwide search with over 1.5 million RealtyTrac foreclosure listings.0Mon, 11 May 2009 08:00:00 GMTGabriels Technology Solutions, the leading private label e-commerce technology provider and RealtyTrac, the leading online marketplace for foreclosure properties, today announced the introduction of co-branded foreclosure search products for new media that provide a world class competitive advantage to Gabriels’ media clients for increased site activity, enhanced user experience and increased advertising revenue.

REALTYTRAC OPENS U.S. FORECLOSURE DATA TO INTERNATIONAL BUYERS WITH ENORMO PARTNERSHIP

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac®, the leading online marketplace for foreclosure properties, and Enormo, a leading global real estate portal, today announced a groundbreaking strategic alliance.0Tue, 28 Apr 2009 08:00:00 GMTRealtyTrac®, the leading online marketplace for foreclosure properties, and Enormo, a leading global real estate portal, today announced a groundbreaking strategic alliance that will give Enormo’s international user base of potential homebuyers and investors unique access to RealtyTrac’s database of U.S. foreclosures.

GEORGIA FORECLOSURE ACTIVITY INCREASES 11 PERCENT IN FIRST QUARTER

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 28,608 Georgia properties in the first quarter of 2009, according to RealtyTrac.0Mon, 27 Apr 2009 08:00:00 GMTForeclosure filings were reported on 28,608 Georgia properties in the first quarter of 2009, an 11 percent increase from the previous quarter and less than half a percent ahead of the level reported for Q1 2008. “Foreclosure activity continued to rise in Georgia both on a quarterly and a monthly basis, as well as from the same time last year,” said James J. Saccacio, chief executive officer of RealtyTrac. “The state has lost more than 180,000 jobs during the past year, bringing its unemployment rate from 5.6 to 9.2 percent. This, in addition to falling home prices and a large inventory of unsold homes, is keeping the state’s foreclosure level among the nation’s hi

SUN BELT CITIES TOP LIST OF NATION’S METRO FORECLOSURE RATES IN FIRST QUARTER

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Cities in California, Florida, Nevada and Arizona accounted for the 26 highest foreclosure rates in the first quarter among metro areas with a population of 200,000 or more. 0Wed, 22 Apr 2009 08:00:00 GMTCities in California, Florida, Nevada and Arizona accounted for the 26 highest foreclosure rates in the first quarter among metro areas with a population of 200,000 or more, according to RealtyTrac. Las Vegas posted the highest metro rate, with 4.48 percent of its housing units receiving a foreclosure filing during the quarter (one in every 22). Merced, Calif., documented the second highest metro foreclosure rate, with 4.21 percent of its housing units receiving a foreclosure filing, and Cape Coral-Fort Myers, Fla., recorded the third highest metro foreclosure rate, with 3.85 percent of its housing units receiving a foreclosure filing.

FORECLOSURE ACTIVITY INCREASES 9 PERCENT IN FIRST QUARTER

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 803,489 U.S. properties in the first quarter, a 9 percent increase from the previous quarter and an increase of nearly 24 percent from Q1 2008. 0Thu, 16 Apr 2009 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 803,489 U.S. properties in the first quarter, a 9 percent increase from the previous quarter and an increase of nearly 24 percent from Q1 2008, according to the RealtyTrac Q1 2009 U.S. Foreclosure Market Report. One in every 159 U.S. housing units received a foreclosure filing during the quarter. Foreclosure filings were reported on 341,180 properties in March, a 17 percent increase from the previous month and a 46 percent increase from March 2008.

REALTYTRAC® LAUNCHES NEW RENTER FORECLOSURE ALERTS

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac™ announced today a new service called RealtyTrac Renter Alerts that gives tenants advanced notice when the property they are renting enters into default or is about to be foreclosed by a lender.0Wed, 01 Apr 2009 08:00:00 GMTRealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, announced today a new service called RealtyTrac Renter Alerts that gives tenants advanced notice when the property they are renting enters into default or is about to be foreclosed by a lender.

REALTYTRAC CEO JAMES SACCACIO WINS 2009 OCBJ EXCELLENCE IN ENTREPRENEURSHIP AWARD

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac® today announced that Chief Executive Officer James J. Saccacio received a 2009 Excellence in Entrepreneurship Award presented by the Orange County Business Journal.0Thu, 19 Mar 2009 08:00:00 GMTRealtyTrac® the leading online marketplace for foreclosure properties, today announced that Chief Executive Officer James J. Saccacio received a 2009 Excellence in Entrepreneurship Award presented by the Orange County Business Journal during the eighth annual awards ceremony at the Hyatt Regency hotel in Irvine on Wednesday.

INFORMATION TECHNOLOGY VETERAN ROBERT HOUGHTON JOINS REALTYTRAC AS CIO/CTO

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac™ (www.realtytrac.com) announced today that information technology expert Robert J. Houghton has been hired as chief information officer/chief technology officer.0Tue, 17 Mar 2009 08:00:00 GMTRealtyTrac™ (www.realtytrac.com), the leading online foreclosure marketplace, announced today that information technology expert Robert J. Houghton has been hired as chief information officer/chief technology officer.

REALTYTRAC HIRES GARY HEGENBART AS SENIOR VP, HUMAN RESOURCES

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac™ (www.realtytrac.com), the leading online foreclosure marketplace, announced today that Gary Hegenbart has been hired as senior vice President, human resources. 0Tue, 17 Mar 2009 08:00:00 GMTRealtyTrac™ (www.realtytrac.com), the leading online foreclosure marketplace, announced today that Gary Hegenbart has been hired as senior vice President, human resources. In this position, Hegenbart is responsible for oversight of all aspects of human resources within the company, including employee benefit and career development.

FORECLOSURE ACTIVITY INCREASES 6 PERCENT IN FEBRUARY

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 290,631 U.S. properties in February, a 6 percent increase from the previous month and a 30 percent increase from February 2008.0Thu, 12 Mar 2009 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 290,631 U.S. properties in February, an increase of nearly 6 percent from the previous month and an increase of nearly 30 percent from February 2008, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 440 U.S. housing units received a foreclosure filing in February.

REALTYTRAC AND CASPIO RELEASE FREE FORECLOSURE WIDGET FEATURING HISTORICAL STATISTICS AND REAL-TIME SEARCH

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac and Caspio today announced the launch of a foreclosure Web application that features historical foreclosure activity data by state or by county and a real-time foreclosure search.0Tue, 24 Feb 2009 08:00:00 GMT

FORECLOSURE ACTIVITY DECREASES 10 PERCENT IN JANUARY

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 274,399 U.S. properties during in January, a 10 percent decrease from the previous month but still up 18 percent from January 2008. 0Wed, 11 Feb 2009 08:00:00 GMTForeclosure filings — default notices, auction sale notices and bank repossessions — were reported on 274,399 U.S. properties in January, a 10 percent decrease from the previous month but still up 18 percent from January 2008, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 466 U.S. housing units received a foreclosure filing in January. “The extensive foreclosure efforts on the part of lenders and government agencies appear to have impacted the January numbers,” said James J. Saccacio, chief executive officer of RealtyTrac.

REALTYTRAC PROMOTES ARI MONKARSH TO VICE PRESIDENT OF BUSINESS DEVELOPMENT

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced that Ari Monkarsh has been promoted to the position of vice president of business development. 0Thu, 22 Jan 2009 08:00:00 GMTRealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced that Ari Monkarsh has been promoted to the position of vice president of business development. In his new role, Monkarsh will focus on member subscription sales, advertising sales, traffic, lead generation programs and product sales.

DECEMBER 2008 U.S. FORECLOSURE MARKET REPORT

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 303,410 U.S. properties in December, a 17 percent increase from the previous month and a 41 percent increase from December 2007.0Thu, 15 Jan 2009 08:00:00 GMTForeclosure filings were reported on 303,410 U.S. properties in December, a 17 percent increase from the previous month and a 41 percent increase from December 2007, according to the U.S. Foreclosure Market Report.

FORECLOSURE ACTIVITY INCREASES 81 PERCENT IN 2008

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
A total of 3,157,806 foreclosure filings were reported on 2,330,483 U.S. properties during the year, an 81 percent increase in from 2007 and a 225 percent increase from 2006. 0Thu, 15 Jan 2009 08:00:00 GMTA total of 3,157,806 foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 2,330,483 U.S. properties during 2008, an 81 percent increase in total properties from 2007 and a 225 percent increase in total properties from 2006, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows that 1.84 percent of all U.S. housing units (one in 54) received at least one foreclosure filing during the year, up from 1.03 percent in 2007. Foreclosure filings were reported on 303,410 U.S. properties in December, up 17 percent from the previous month and up nearly 41 percent from December 2007.

Three In Ten U.S. Adults Expect at least a 50 Percent Discount When Purchasing a Foreclosed Property

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Three-quarters of homebuyers expect a discount of at least 25 percent on a foreclosure purchase, according to a survey released today by RealtyTrac and Trulia.0Tue, 16 Dec 2008 08:00:00 GMT

FORECLOSURE ACTIVITY DECREASES 7 PERCENT IN NOVEMBER

RealtyTrac Press Releases - Mon, 11/30/2009 - 19:47
Foreclosure filings were reported on 259,085 U.S. properties in November, a 7 percent decrease from the previous month but still up 28 percent from November 2007. 0Thu, 11 Dec 2008 08:00:00 GMTForeclosure filings were reported on 259,085 U.S. properties in November, a 7 percent decrease from the previous month but still up 28 percent from November 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every 488 U.S. housing units received a foreclosure filing in November. “Foreclosure activity in November hit the lowest level we’ve seen since June thanks in part to recently enacted laws that have extended the foreclosure process in some states, along with more aggressive loan modification programs and self-imposed holiday foreclosure moratoriums introduced by some lenders,” said James J. Saccacio, chief executive