RealtyTrac Opens U.S. Foreclosure Data to International Buyers with Enormo Partnership

RISMEDIA, April 30, 2009-RealtyTrac®, one of the leading online marketplaces for foreclosure properties, and Enormo, a leading global real estate portal, announced a groundbreaking strategic alliance that will give Enormo’s international user base of potential homebuyers and investors unique access to RealtyTrac’s database of U.S. foreclosures.

According to the company, RealtyTrac’s foreclosure listings are seamlessly integrated into Enormo’s search functionality, allowing users to browse more than 1 million foreclosure properties from 2,200 U.S. counties. As RealtyTrac’s first-ever international partnership, the alliance will enable the company to accept international subscriptions to its service thanks to Enormo’s translation of RealtyTrac’s marketing messages into its 31 interface languages.

“Foreclosure inventories around the United States are at historically high levels, and interest in purchasing those properties has been growing steadily from buyers and investors outside of the U.S.,” said RealtyTrac Senior Vice President Rick Sharga. “This alliance with Enormo provides global exposure for RealtyTrac’s foreclosure data, and gives Enormo a comprehensive list of U.S. foreclosure properties to add to its vast menu of property listings.”

“The timing is perfect for Enormo to partner with RealtyTrac – the strength of other currencies against the dollar combined with the great value of U.S. housing stock is driving interest from new investors who want a piece of the foreclosure action,” said Enormo CEO Yannick Laclau. “With the addition of these 1 million listings from RealtyTrac, Enormo gives its users unique access to great value properties, and cements its position as the number one website for international real estate.”

For more information, visit www.realtytrac.com or www.enormo.com.