Real Estate Press Releases

Foreclosures

PropertyMaps.com Partners with RealtyTrac to Offer Foreclosure Property Information
Now, in Addition to MLS Listings Nationwide, House Shoppers Can Find Homes in Foreclosure and Pre-Foreclosure on PropertyMaps.com

SARASOTA, Fla.--(BUSINESS WIRE)--New homes, resale properties and now even houses in foreclosure or pre-foreclosure are available for searching on PropertyMaps.com, the company announced today.

PropertyMaps.com,(www.propertymaps.com) the leader in online real estate search, partnered with RealtyTrac (www.realtytrac.com), the leading online marketplace for foreclosure properties, to offer visitors instant access to over 1 million properties - updated daily - including pre-foreclosure, bank foreclosures and foreclosed homes via auction.

The announcement of the real-time foreclosure search on PropertyMaps.com comes at a time when foreclosures are the fastest growing sector of the real estate market.

“We expect that by offering this foreclosure information our site traffic will only increase,” says Keith Hanenian, Executive Vice President of PropertyMaps. “We also expect visitors will likely return time and time again because of what we're offering.”

Redfin Nets More for Buyers?

Redfin Releases Market Data Showing Its Home Buyers Fare Better in Negotiations
Finds $5,048 Average Negotiating Advantage, $10,520 Average Commission Refund, 95% Customer Satisfaction

SEATTLE, March 25 /PRNewswire/ -- Online real estate broker Redfin Corporation today published an analysis of the last 12 months' public real estate records in Seattle and the San Francisco Bay Area that shows its buyers and their Redfin agents negotiated a better price than buyers who used other brokerages. Redfin's average negotiating advantage was $5,048. The company also reported a 95 percent customer satisfaction rate for users of its home-buying service, and an average commission refund of $10,520.