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Trulia Adds Foreclosure Listings to Real Estate Search

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RISMEDIA, Nov. 27, 2007-Trulia, a real estate Web site, announced the addition of foreclosure properties to its growing database of residential real estate listings. According to the company, consumers who visit Trulia.com will be able to include foreclosures in their search criteria when seeking information on homes for sale in any U.S. market.

By integrating information from RealtyTrac (www.realtytrac.com), an online marketplace for foreclosure properties, into Trulia’s search technology, Trulia says it will now offer a fully comprehensive real estate search experience. In addition to giving consumers access to real estate information such as historical transaction data, localized heatmaps and e-mail property alerts, Trulia will now allow users to search for foreclosure properties at the state, city and neighborhood level. Consumers can also compare foreclosure property prices against average listing price, average sales price and, where available, average price per square foot for properties in a specific region.

In addition to searching for foreclosure properties that meet their specific criteria, consumers can also consult Trulia Voices, the Q&A forum on Trulia.com, to talk directly to other consumers and professionals about their local foreclosure market. On average, users receive more than three replies per question and are answered within 20 minutes.

“In response to increased consumer interest, we are excited to introduce integrated foreclosure search capability on Trulia.com,” said Trulia co-founder and CEO Pete Flint. “At Trulia, we recognize that the foreclosure process is an extremely complicated one for both buyer and seller. By adding foreclosure data to Trulia.com, we are providing a one-stop destination where consumers can locate properties, research their local market and get qualified advice from local professionals on the complexities of buying a foreclosure property.”

“Trulia.com is one of the most innovative real estate sites on the Internet, and we’re excited to have them as a venue for RealtyTrac’s foreclosure data,” said Rick Sharga, vice president of marketing for RealtyTrac. “We believe this partnership will benefit consumers using Trulia, whether they are specifically looking to buy a foreclosure or whether they researching foreclosure trends to help them make an informed decision about buying a resale property.”

To access RealtyTrac’s national database of foreclosure and bank-owned properties, consumers can first view basic foreclosure information on Trulia.com free of charge. To view full information for each foreclosure property, consumers can register with RealtyTrac for a 7-day free trial subscription before signing up for a monthly subscription.

For more information, visit http://www.trulia.com.

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