Comments on: Foreclosures Shown On Scary, Encroaching Heat Maps http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/ Startup and Tech News Sat, 17 May 2008 10:20:26 +0000 http://wordpress.org/?v=2.3.3 By: Tribeca Foreclosures | Tribeca Property http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2156696 Tribeca Foreclosures | Tribeca Property Wed, 09 Apr 2008 15:36:31 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2156696 [...] Foreclosures Shown On Scary, Encroaching Heat Maps HotPads - New York City [...] […] Foreclosures Shown On Scary, Encroaching Heat Maps HotPads - New York City […]

]]> By: Arnie http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2156500 Arnie Wed, 09 Apr 2008 14:51:17 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2156500 Well this sure is interesting. Seems to me all it points out is the obvious - lots of homes for sale. Not sure if the foreclosure data is accurate or not, but it seems that it must not be. I say we have 2 or 3 tough years ahead of us. Well this sure is interesting. Seems to me all it points out is the obvious - lots of homes for sale. Not sure if the foreclosure data is accurate or not, but it seems that it must not be. I say we have 2 or 3 tough years ahead of us.

]]> By: Oliver News » Blog Archive » Hotpads adds foreclosure heat maps http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2155706 Oliver News » Blog Archive » Hotpads adds foreclosure heat maps Wed, 09 Apr 2008 11:30:08 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2155706 [...] sent me a link to a story at Techcrunch talking about hotpads adding a foreclosure heat map to their site. I believe hotpads.com was [...] […] sent me a link to a story at Techcrunch talking about hotpads adding a foreclosure heat map to their site. I believe hotpads.com was […]

]]> By: Sean http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2151319 Sean Tue, 08 Apr 2008 19:08:10 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2151319 HotPads has done a really nice job showing RealtyTrac's affiliate data for advertising on their site, but there is otherwise nothing new here versus the RealtyTrac ads on Yahoo, Trulia, etc. HotPads has done a really nice job showing RealtyTrac’s affiliate data for advertising on their site, but there is otherwise nothing new here versus the RealtyTrac ads on Yahoo, Trulia, etc.

]]> By: Adrian http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2151303 Adrian Tue, 08 Apr 2008 19:05:54 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2151303 To see real foreclosure listings for free have a look at this site: GotForeclosure.com On the Top there is a place to put in the zip code and it gives you all the foreclosure listings. The guy that runs the site is an investment consultant; he claims his clients have purchased homes at 60% of their current market valuation. It is bad; it's real. But then again it was speculation that pumped the prices so high in the first place... we're going back to where prices should have been - problem is those that over-borrowed are dragging everyone else's prices down - for a time at least. To see real foreclosure listings for free have a look at this site: GotForeclosure.com
On the Top there is a place to put in the zip code and it gives you all the foreclosure listings.

The guy that runs the site is an investment consultant; he claims his clients have purchased homes at 60% of their current market valuation. It is bad; it’s real. But then again it was speculation that pumped the prices so high in the first place… we’re going back to where prices should have been - problem is those that over-borrowed are dragging everyone else’s prices down - for a time at least.

]]> By: Rick http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2148091 Rick Tue, 08 Apr 2008 15:03:04 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2148091 The foreclosure feature is pretty weak. All they are doing is putting the free (non-address, usually out-of-date) info from RealtyTrac on the page. Though the FAQ and About pages claim very loudly that everything is free, in fact if you want foreclosure details, you have to go to RealtyTrac and pay. I asked them about this and they replied that they needed to change their About pages to reflect that not everything is actually free. I guess it's easier to just lie and apologize later...want to bet that the page still says "it's all free" a month from now? This site doesn't do anything unique. TechCrunch should have done a bit more research. The foreclosure feature is pretty weak. All they are doing is putting the free (non-address, usually out-of-date) info from RealtyTrac on the page. Though the FAQ and About pages claim very loudly that everything is free, in fact if you want foreclosure details, you have to go to RealtyTrac and pay.

I asked them about this and they replied that they needed to change their About pages to reflect that not everything is actually free. I guess it’s easier to just lie and apologize later…want to bet that the page still says “it’s all free” a month from now?

This site doesn’t do anything unique. TechCrunch should have done a bit more research.

]]> By: Foreclosures a Hot Trend on Real Estate Sites « Screenwerk http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2147168 Foreclosures a Hot Trend on Real Estate Sites « Screenwerk Tue, 08 Apr 2008 13:49:10 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2147168 [...] a Hot Trend on Real Estate Sites TechCrunch points to a new set of “heat maps” on real estate site HotPads: [...] […] a Hot Trend on Real Estate Sites TechCrunch points to a new set of “heat maps” on real estate site HotPads: […]

]]> By: Amde http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2143319 Amde Tue, 08 Apr 2008 05:52:29 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2143319 It looks like that soon Americans will start immigrating to Africa. Yes, Africa. Africa in general is a rich continent, just doesn't have cash. Hey, just sell your house for whatever you can get and come to Africa. Peace, It looks like that soon Americans will start immigrating to Africa. Yes, Africa.

Africa in general is a rich continent, just doesn’t have cash. Hey, just sell your house for whatever you can get and come to Africa.

Peace,

]]> By: theFrontSteps http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142841 theFrontSteps Tue, 08 Apr 2008 04:31:56 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142841 The maps work. The little icons for houses are either homes for sale, or homes for rent. When you click "foreclosure" or "median rent" etc., the icons remain unchanged, however the colors associated with the "heat" adjust accordingly. As for the accuracy, no idea. Here is a foreclosure list from PropertyShark.com. http://propertyshark.com/mason/text/servicedetail/sfnewsletter11.html Feel free to compare/contrast the accuracy. The maps work. The little icons for houses are either homes for sale, or homes for rent. When you click “foreclosure” or “median rent” etc., the icons remain unchanged, however the colors associated with the “heat” adjust accordingly. As for the accuracy, no idea. Here is a foreclosure list from PropertyShark.com. http://propertyshark.com/mason.....ter11.html

Feel free to compare/contrast the accuracy.

]]> By: Hoodeo http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142574 Hoodeo Tue, 08 Apr 2008 03:35:16 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142574 Great interface! However, you have to register with Realtytrac to see the full address and detail. Great interface! However, you have to register with Realtytrac to see the full address and detail.

]]> By: Lilo http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142447 Lilo Tue, 08 Apr 2008 03:09:02 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2142447 Great website, was surprised at some of the areas that showed high foreclosure rates in NY, in areas where I though the incomes are really high in addition to having high real estate prices. Great website, was surprised at some of the areas that showed high foreclosure rates in NY, in areas where I though the incomes are really high in addition to having high real estate prices.

]]> By: Michael Bakovic http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141904 Michael Bakovic Tue, 08 Apr 2008 01:37:11 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141904 Its insane how many houses are on foreclosure these days... Please check out my blog for ways to make money online http://mikesmoneyclub.blogspot.com Its insane how many houses are on foreclosure these days…

Please check out my blog for ways to make money online
http://mikesmoneyclub.blogspot.com

]]> By: Rick Droz http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141807 Rick Droz Tue, 08 Apr 2008 01:16:52 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141807 Hey great web site!!!! it's awesome!!! But it suck for all the people selling hey it's their own fault they should have read the fine print a little better. But good job HotPads!!!!!!!!!!!! Hey great web site!!!! it’s awesome!!! But it suck for all the people selling hey it’s their own fault they should have read the fine print a little better. But good job HotPads!!!!!!!!!!!!

]]> By: Mashups come of age? Showing foreclosures as they encircle the Capitals? | TechAgility http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141742 Mashups come of age? Showing foreclosures as they encircle the Capitals? | TechAgility Tue, 08 Apr 2008 01:02:24 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141742 [...] As you can see in the images below it’s almost scary how it shows that foreclosures are starting to bite at almost every level?    Foreclosures Shown On Scary, Encroaching Heat Maps [...] […] As you can see in the images below it’s almost scary how it shows that foreclosures are starting to bite at almost every level?    Foreclosures Shown On Scary, Encroaching Heat Maps […]

]]> By: antje wilsch http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141332 antje wilsch Mon, 07 Apr 2008 23:44:14 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141332 whoa - shows my old house in the east bay as in foreclosure and worth about $300k less than when I left a year ago... whoa - shows my old house in the east bay as in foreclosure and worth about $300k less than when I left a year ago…

]]> By: Peter Urban http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141254 Peter Urban Mon, 07 Apr 2008 23:31:42 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141254 I guess now it's party time for investors with real money in the bank. They'll never get it that cheap again. And they will be the once making the millions that every home owner and house flipper thought they were making in the hight of the bubble. It's funny how history doesn't teach us anything. I guess now it’s party time for investors with real money in the bank. They’ll never get it that cheap again. And they will be the once making the millions that every home owner and house flipper thought they were making in the hight of the bubble. It’s funny how history doesn’t teach us anything.

]]> By: Joshua Konkle http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141228 Joshua Konkle Mon, 07 Apr 2008 23:28:25 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141228 I use Firefox The system seems to work fine for me, but you must click on the heatmaps option to the left, then select foreclosures to get the foreclosure per capita. click the heat map again to reveal the legend i.e. 1 in 2500 etc. You can change it to see the average income in the area as well as rent etc. Seems to work pretty good. The tab's are designed for search, not heatmaps - i guess. neat system and almost intuitive, but the colors are weird High forclosure == red High income == red I was thinking low income would be red and high would be green... JK I use Firefox

The system seems to work fine for me, but you must click on the heatmaps option to the left, then select foreclosures to get the foreclosure per capita.

click the heat map again to reveal the legend i.e. 1 in 2500 etc. You can change it to see the average income in the area as well as rent etc.

Seems to work pretty good.

The tab’s are designed for search, not heatmaps - i guess.

neat system and almost intuitive, but the colors are weird

High forclosure == red
High income == red

I was thinking low income would be red and high would be green…

JK

]]> By: AJ Kohn http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141109 AJ Kohn Mon, 07 Apr 2008 23:07:38 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141109 The foreclosure feature doesn't seem to work in Firefox which is a shame. Kudos to Melanie on seeing the typo. Whether RealtyTrac data is accurate is a whole other discussion but I think it works as a consistent benchmark and makes it clear that the housing 'crisis' is pretty widespread. The foreclosure feature doesn’t seem to work in Firefox which is a shame. Kudos to Melanie on seeing the typo. Whether RealtyTrac data is accurate is a whole other discussion but I think it works as a consistent benchmark and makes it clear that the housing ‘crisis’ is pretty widespread.

]]> By: matt http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141029 matt Mon, 07 Apr 2008 22:55:32 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141029 @11 - because you can mash up anything nowadays @11 - because you can mash up anything nowadays

]]> By: RedMol.com http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141021 RedMol.com Mon, 07 Apr 2008 22:54:09 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2141021 Woohoo! Time for real estate investors to come and clean things up. Woohoo! Time for real estate investors to come and clean things up.

]]> By: Foreclosure Heat Map for Walnut Creek Area « Walnut Creek Real Estate http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140943 Foreclosure Heat Map for Walnut Creek Area « Walnut Creek Real Estate Mon, 07 Apr 2008 22:40:50 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140943 [...] Heat Map for Walnut Creek Area Technology is a great thing. Today TechCrunch reports on a HotPads foreclosure feature that lets you see a heat map of foreclosures based on data from RealtyTrac. (I won’t get into [...] […] Heat Map for Walnut Creek Area Technology is a great thing. Today TechCrunch reports on a HotPads foreclosure feature that lets you see a heat map of foreclosures based on data from RealtyTrac. (I won’t get into […]

]]> By: michael http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140928 michael Mon, 07 Apr 2008 22:37:59 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140928 Yet another listing service making money on ad sales. Why? Yet another listing service making money on ad sales. Why?

]]> By: chris (trade2save.com) http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140875 chris (trade2save.com) Mon, 07 Apr 2008 22:27:03 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140875 Yup, I've been playing around with it too - Sales and Foreclosures gives the same result - perhaps we are pressing the wrong button? Nice piece of software though. Perhaps they could also shade it for Homicides too? Yup, I’ve been playing around with it too - Sales and Foreclosures gives the same result - perhaps we are pressing the wrong button? Nice piece of software though. Perhaps they could also shade it for Homicides too?

]]> By: Todd http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140841 Todd Mon, 07 Apr 2008 22:19:45 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140841 The website is currently showing my property as being in foreclosure. I had the property for listed for three months last summer but subsequently took the listing down when I reconciled with my wife. I have lived in the property for over five years and have never missed a mortgage payment. There is either something wrong with the data or hotpad.com has some important information I am not privy to. Regardless, I like the map albeit it was very slow to load. The website is currently showing my property as being in foreclosure. I had the property for listed for three months last summer but subsequently took the listing down when I reconciled with my wife. I have lived in the property for over five years and have never missed a mortgage payment. There is either something wrong with the data or hotpad.com has some important information I am not privy to.

Regardless, I like the map albeit it was very slow to load.

]]> By: Melanie http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140819 Melanie Mon, 07 Apr 2008 22:16:04 +0000 http://www.techcrunch.com/2008/04/07/foreclosures-shown-on-scary-encroaching-heat-maps/#comment-2140819 "RealtyTrac" or "RealityTrac [sic]"? A telling slip! “RealtyTrac” or “RealityTrac [sic]”? A telling slip!

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