FORECLOSURE LISTINGS BECOME NEW HOT MARKET
By RealtyStore Staff
Nations Highest Foreclosure Filings Creates Hot Market in Foreclosure Listing Search
Los Angeles, Calif. – Feb. 5, 2008 – RealtyStore.com (www.realtystore.com), a leader in online foreclosure listings, today released search trend data for last 12 months in U.S. According to online search trends in Google, foreclosure listing searches have increased to reach its highest in search volume in the past four years, moreover the Real Estate industry has slumped to its lowest in the past 10 years. Home owners who default on their mortgages have no choice but to foreclose.
Foreclosure Listings Rise as Real Estate Industry Dives
Nationwide foreclosures have increased due to late mortgage payments by high interest rates. All these foreclosures mean more listings to be made available to the public. This year alone over 450,000 foreclosure filings in California have added to the highest number of home foreclosure filings. Many foreclosure analysts predict that now is the best time to purchase a foreclosed home. These foreclosure prices are very low, some reduced to 50 percent from a year prior.
Foreclosure Search Increasing
Since the fourth quarter of 2007 more people are searching for foreclosures online. According to Search Trends in the leading search engine giant Google these foreclosures search terms are receiving the highest traffic: foreclosure, stop foreclosure, foreclosure listings and foreclosure homes.
About RealtyStore.com
RealtyStore.com is the third largest foreclosure site (credit Alexa) and offers the largest list of the nation’s foreclosures. RealtyStore.com is a leader in online foreclosure property listings and provides resources for home owners, real estate agents and home investors. Our listings help provide anyone with heavily discounted foreclosure property, bank foreclosures, Repos and HUD homes.
Founded in 2003, RealtyStore.com publishes a database of pre foreclosure and foreclosed homes. Our listings contain over a 1 million properties nationwide, information about each property, and professional resources. RealtyStore.com is viewed by almost 1 million visitors monthly. In addition we offer a foreclosure tutorial which explains how anyone can become a professional in buying foreclosed homes. We are more than just a listing service, we seek to empower investors and home buyers with the knowledge and tools to purchase home properties below market value. We do more than offer excellent customer service by setting the standard for only the best in customer satisfaction.
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