Realtytrac Release Foreclosure Widget
February 25, 2009 by Emma Sorensen
US website RealtyTrac is currently one of the leading online marketplaces for foreclosure properties.
Together with Caspio, Inc., a company developing custom web applications, they’ve announced the launch of a new foreclosure widget.
The foreclosure widget features historical foreclosure activity data back to 2005, searchable by state or by county, and a real-time nationwide search of properties in foreclosure.
Users can also enter any US ZIP code to instantly view active foreclosure properties in that ZIP code from RealtyTrac’s database of default, auction and bank-owned real estate.
The partnership genuinely expands RealtyTrac’s reach and ability to position its data. Caspio powers web applications for more than 70 percent of the top 100 American newspapers and the new web application is available to Caspio’s hundreds of online media clients at no cost.
“Thanks to Caspio’s extensive network of clients, particularly in the online news media arena, this new Web application will significantly and instantly broaden the footprint of our foreclosure trend data,” said Ari Monkarsh, vice president of business development at RealtyTrac. “Especially in this market, we believe more and more real estate consumers realize the importance of the previously hidden foreclosure market and are interested in historical foreclosure trends as well as active foreclosure properties in their community.”
“Data syndication is a powerful capability of Caspio’s on-demand web application platform”, said David A. Milliron, vice president of Media Services at Caspio. “This partnership enables RealtyTrac to leverage Caspio’s large base of online media customers and data syndication channels to distribute its foreclosure data to millions of people.”
RealtyTrac’s latest US Foreclosure Market Report says that over 2.3 million properties received at least one foreclosure notice in 2008, up 81 percent from 2007 with foreclosure activity expected to increase into 2009.
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[...] release of the new search products follows the launch of a realtytrac.com foreclosure widget in February through a partnership with custom web [...]