RISMEDIA, May 27, 2009-RealtyTrac, one of the leading online marketplaces for foreclosure properties, announced that it has expanded its foreclosure data reach through its agreement with PRIMEDIA Inc. that allows website users of www.americanhomeguides.com, www.rentals.com and www.rentalhouses.com to search foreclosure properties via a real-time feed from RealtyTrac’s nationwide database of default, auction and bank-owned homes. PRIMEDIA, a leading provider of print, Internet and mobile solutions to help consumers find a place to live, also announced that its websites saw increased views to its foreclosures sections in first quarter 2009 when compared to fourth quarter 2008.
“PRIMEDIA adds vast property rental marketplaces to our growing list of business associates,” said Ari Monkarsh, vice president of business development at RealtyTrac. “We are excited that this opportunity to provide PRIMEDIA’s online visitors with access to the most comprehensive and up-to-date list of foreclosure properties nationwide has been realized so successfully over the last several months. This is indicative of consumer interest in researching foreclosed properties.”
“Interest in foreclosure properties is on the rise as consumers continue to consider and evaluate them as potential investment opportunities,” said Arlene Mayfield, senior vice president and president of PRIMEDIA’s Apartments and Homes divisions. “RealtyTrac has allowed us to meet that consumer demand, while expanding our housing options and listings on AmericanHomeGuides.com, Rentals.com and RentalHouses.com.”
For more information, visit www.realtytrac.com.
