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RealtyTrac Misses the Mark

By AgentImage, Thursday, March 24, 2011
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RealtyTrac continues to miss the mark on Long Island Foreclosure numbers.

The Lis Pendens filings have been dropping during the past several months, but a recent Newsday article quoted RealtyTrac’s February 2011 numbers as showing a 23% jump from a year earlier.
The actual Lis Pendens numbers from February 2010 and February 2011 show a 41% decrease in new filings.

You can read the details and view the charts and trends on our web site blog. You will also have the opportunity to add your comments and opinions to any of our posts or reports.

As always, our information is extremely accurate and timely. We present the data in a totally un-biased manner.

The Long Island Real Estate Report looks forward to your comments and suggestions on how to improve our reporting, as well as comments and suggestions about our products and services.

Visit The LI Local Blog at www.LIRealEstateReport.com/LIRERBlog/.