PropertyMaps.com Partners with RealtyTrac to Offer Foreclosure Property Information

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Mon Mar 24, 2008 2:47pm EDT

Now, in Addition to MLS Listings Nationwide, House Shoppers Can
Find Homes in Foreclosure and Pre-Foreclosure on PropertyMaps.com
SARASOTA, Fla.--(Business Wire)--
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.

   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(R) 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.com: 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(R) nationwide.

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

   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.

For PropertyMaps.com, Sarasota
Allison Moore, 941-758-4912
moore.pr@verizon.net
http://www.propertymaps.com
or
For Realty Trac:
Atomic Public Relations
Michelle Sabolich, 415-402-0230
michelle.sabolich@atomicpr.com

Copyright Business Wire 2008
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