By: E&P Staff RealtyTrac of Irvine, Calif., an online marketplace for foreclosure properties, and Caspio Inc. in Mountain View, Calif., have launched a foreclosure Web application that features historical foreclosure activity data by state or by county and a real-time nationwide search of properties in foreclosure.
The Web application is available to Caspio online media clients in a search widget that allows end-users to view state or county foreclosure statistics in a specific month or in all months in a given year going back to 2005. Each month's statistics include the total number of properties that received foreclosure filings during the month, broken down by type of foreclosure filing, along with the foreclosure rate and comparison to the previous month and a year ago. Users can also enter any ZIP code nationwide to instantly view active foreclosure properties from RealtyTrac's database of default, auction and bank-owned real estate.
"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," RealtyTrac Business Development Vice President Ari Monkarsh said in announcing the launch.
Available now for instant deployment, the foreclosure widget is free to Caspio's hundreds of media clients, most of which already use Caspio syndication services for U.S. Census Bureau data and FBI crime reports.
"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," Caspio Media Services Vice President David A. Milliron said in a statement.
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