SAN FRANCISCO, November 21, 2007 – Trulia ( www.trulia.com ), the fastest-growing U.S. real estate website, today announced the addition of foreclosure properties to its growing database of residential real estate listings. Beginning today, consumers who visit Trulia.com will be able to include foreclosures in their search criteria when seeking information on homes for sale in any U.S. market.
By integrating information from RealtyTrac (www.realtytrac.com), the leading online marketplace for foreclosure properties, into Trulia’s intelligent search technology, Trulia will now offer a fully comprehensive real estate search experience. In addition to giving consumers access to a breadth of real estate information such as historical transaction data, localized heatmaps and email property alerts, Trulia will now allow users to search for foreclosure properties at the state, city and neighborhood level. Consumers can also compare foreclosure property prices against average listing price, average sales price and, where available, average price per square foot for properties in a specific region.
In addition to searching for foreclosure properties that meet their specific criteria, consumers can also consult Trulia Voices, the Q&A forum on Trulia.com, to talk directly to other consumers and professionals about their local foreclosure market. On average, users receive more than three replies per question and are answered within 20 minutes.
“In response to increased consumer interest, we are excited to introduce integrated foreclosure search capability on Trulia.com,” said Trulia co-founder and CEO Pete Flint. “At Trulia, we recognize that the foreclosure process is an extremely complicated one for both buyer and seller. By adding foreclosure data to Trulia.com, we are providing a one-stop destination where consumers can locate properties, research their local market and get qualified advice from local professionals on the complexities of buying a foreclosure property.”
“Trulia.com is one of the most innovative real estate sites on the Internet, and we’re excited to have them as a venue for RealtyTrac’s foreclosure data,” said Rick Sharga, vice president of marketing for RealtyTrac. “We believe this partnership will benefit consumers using Trulia, whether they are specifically looking to buy a foreclosure or whether they researching foreclosure trends to help them make an informed decision about buying a resale property.”
To access RealtyTrac’s national database of foreclosure and bank-owned properties, consumers can first view basic foreclosure information on Trulia.com free of charge. To view full information for each foreclosure property, consumers can register with RealtyTrac for a 7-day free trial subscription before signing up for a monthly subscription.
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About Trulia
Trulia, Inc. (http://www.trulia.com), a residential real estate search engine and the fastest-growing U.S. real estate Web site, has revolutionized online home search by offering a rich, intuitive user experience that points consumers directly to listings on agent and broker Web sites. By partnering with the real estate industry, including 93 of the top 100 largest U.S. brokers, Trulia helps more than 2 million unique visitors per month find information on homes for sale using custom search criteria. The site also provides market trends and neighborhood data at the hyper-local level, as well as Trulia Voices, a real estate Q&A community, also enables consumers and professionals to exchange information about their local markets. For more information, go to http://www.trulia.com.
About RealtyTrac Inc.
Ranked as the third largest real estate site by MediaMetrix and No. 53 on Inc. magazine’s 2006 Inc. 500 list of the nation’s fastest-growing private companies, RealtyTrac Inc. (http://www.realtytrac.com/), is the leading online marketplace for foreclosure properties, providing all the resources that home seekers, investors and real estate agents need to locate, evaluate and buy properties below market value.
Founded in 1996, RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new construction properties, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources. RealtyTrac hosts nearly 3 million unique visitors monthly and has been chosen to supply foreclosure data to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal. For more information, visit http://www.realtytrac.com/.
