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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (125017)5/23/2008 12:43:56 PM
From: Jim McMannisRead Replies (1) of 306849
 
Foreclosures showing no letup

connpost.com

Foreclosures are so prevalent in New England that one Massachusetts-based research firm is tracking them weekly as an integral part of the real estate market.
The Warren Group announced Monday it is offering a new quick-search feature listing foreclosures by state and county for subscribers to its Web site.

Because there are so many, The Warren Group started tracking foreclosures weekly around December 2007, said Katie Curnutte, a spokeswoman for the firm, which publishes The Commercial Record.

The listings are similar to those of California-based RealtyTrac.com, which is often cited for national, state and municipal statistics on foreclosures.

"A lot of investors are interested in buying foreclosed properties," Curnutte said.
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