Visit the nations #1 site for foreclosures
1000’s of Foreclosures Now Available on Condo.com
Condo.com Partners with RealtyTrac Enabling Users to Search for Condo Foreclosures Nationwide.
Miami, FL, January 21, 2008 --(PR.com)-- Condo.com, the World’s Largest Condo Marketplace, announced today that it has partnered with RealtyTrac, the leading website for foreclosure properties, to enable users to access over 1 million default, foreclosure, auction and bank-owned properties.
During a downturn in the real estate market, foreclosures generally increase. Through the second half of 2007, there were over 1,000,000 foreclosure filings across the U.S., representing an increase in foreclosure activity of more than 50 percent compared to the same period in 2006. This new relationship with RealtyTrac will provide buyers visiting Condo.com with the ability to search for the latest foreclosure and bank-owned properties in their local markets and across the country.
All foreclosure listings offered through Condo.com will feature a property heading, description and thumbnail image. The listing will be further integrated into Condo.com’s platform later this year. “This new relationship will make it easier for homebuyers, investors and real estate agents and brokers to search and view foreclosure properties on our site” stated Richard Swerdlow, founder and CEO of Condo.com.
Foreclosure properties are the latest addition to over 450,000 condos already searchable on Condo.com including condos for sale and for rent, condo-hotels and distressed condo projects offered at bulk discounts. Condo.com is the most comprehensive resource for condos in the world and allows people to search for condos by price, location, type or by bargain, based on the prices below the average price per square foot in a building or local market.
About Condo.com
Condo.com ,www.condo.com, is the world’s largest condominium marketplace with inventory of over 450,000 listings valued at one hundred billion. Condo.com lists condos in the United States and 70+ countries around the world and cost-effectively delivers exposure to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com is a privately held company headquartered in Miami, Florida. For more information, visit www.condo.com.
About RealtyTrac
RealtyTrac Inc. (www.realtyTrac.com) is the leading online marketplace for foreclosure properties, and one of the fastest-growing real estate sites on the Internet. RealtyTrac offers the largest national database of pre-foreclosure, foreclosure, For Sale By Owner and new home construction properties, with more than 550,000 properties across the country. RealtyTrac hosts 2 million unique monthly visitors, and provides the comprehensive property data, productivity tools and extensive professional resources that home seekers, investors and realtors need to locate, evaluate and buy real estate properties at below market value.
Visit the nations #1 site for foreclosures
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