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Press Release

March 24, 2008 (PDF version)

PropertyMaps.com Partners with RealtyTrac to Offer Free Foreclosure Properties Information

Now, in addition to MLS listings nationwide, house shoppers can find homes in foreclosure and pre-foreclosure on PropertyMaps.com.

Sarasota, Fla / March 24, 2008 - 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.

Foreclosures are the fastest growing sector of the real estate market. And a real time foreclosure property search is now provided on PropertyMaps.com.

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.”

PropertyMaps.com is a user-friendly, one-stop-shop Web site that allows consumers to quickly search and view millions of listings nationwide using popular mapping tools such as Google Maps, Google Earth, and Microsoft Virtual Earth.

It’s also the first Web site to provide consumers free map-based access to the Multiple Listing Service (MLS) databases used by Realtors® nationwide. PropertyMaps.com even offers a tool to find sexual offenders living in a neighborhood.

Visitors are able to access the foreclosure information while searching zip codes or cities for available properties. Further details on the foreclosure properties can be accessed by signing up for a 7-day free trial membership with RealtyTrac.

“This partnership with PropertyMaps.com is a logical extension of RealtyTrac’s business,” says Rick Sharga, vice president of marketing at RealtyTrac. “Our mission has always been to democratize foreclosure data and make it easy for anyone to access. This partnership will provide a great venue for the data, and we’re thrilled that PropertyMaps.com visitors can now view foreclosure properties alongside new homes and resale homes.”

About PropertyMaps

Using popular mapping tools such as Google Maps, Google Earth, and Microsoft Virtual Earth, PropertyMaps.com enables people to quickly search and easily visualize millions of real estate listings by plotting their locations and local market data free of charge. PropertyMaps.com is the first Internet site to provide map-based access to the authentic Multiple Listing Service (MLS) databases that are used by Realtors® nationwide.

PropertyMaps also delivers the content wirelessly to Internet-enabled phones, PDAs, GPS-enabled and other mobile devices.

Press Release Contact
Allison Moore
(941) 758-4912
amoore@PropertyMaps.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. (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 homes, 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 current news and information regarding foreclosure-related issues and trends, visit our blog at www.ForeclosurePulse.com.

Media Contact
Alisa Weinstein
Flashpoint PR
Weinstein@flashpointpr.com
415-551-9600 office
415-216-6319 cell