News Releases

(For all media inquiries, please contact the PropertyShark.com Marketing Department at
(718) 715-1758 or pr@propertyresearchpartners.com)

July 15, 2008 Long Island Foreclosure Report for Q2 2008 Issued by PropertyShark.com
July 2, 2008 Propertyshark.Com Collaborates with Corcoran To Release Manhattan Real Estate Report
June 5, 2008 May 2008 Foreclosure Report Issued by PropertyShark.com
June 3, 2008 PropertyShark.com Releases First Quarter 2008 Multifamily Investment Property Report
May 7, 2008 April 2008 Foreclosure Report Issued by PropertyShark.com
May 5, 2008 The Corcoran Group Partners with PropertyShark.com
April 29, 2008 PropertyShark.com Appoints Bill Staniford as New CEO: Site Usage, new Registered Users and Subscribers Surge Higher in the First Quarter of 2008
April 23, 2008 PropertyShark.com Announces the Launch of a Mailing List Data Service for Real Estate Professionals
April 8, 2008 First Quarter 2008 Foreclosure Report Released by PropertyShark.com
March 5, 2008 February 2008 Foreclosure Report Issued by PropertyShark.com
February 5, 2008 January 2008 Foreclosure Report Issued by PropertyShark.com
January 15, 2008
December 5, 2007
November 15, 2007
October 3rd, 2007
July 17, 2007
June 7, 2007
May 22, 2007
April 25, 2007
April 11, 2007
February 22, 2007
January 9, 2007
November 29, 2006
November 16, 2006
August 3, 2006
June 14, 2006
May 10, 2006
March 1, 2006
February 15, 2006
February 7, 2006
January 3, 2006
November 3, 2005
October 18, 2005

Long Island Foreclosure Report for Q2 2008 Issued by PropertyShark.com

New York City, July 15, 2008 - PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Long Island (Suffolk County, Nassau County) for the second quarter of 2008.

Key Findings (Request report for details and charts):
  • Long Island foreclosure number reached a one-year high in the second quarter of 2008: There were 693 new auctions scheduled in the second quarter of 2008, 40% higher than in Q2 2007.
  • Suffolk County foreclosures increased at a greater rate than Nassau County: The number of Suffolk County foreclosures were 102% higher than in the same quarter last year, while Nassau County experienced a 14% increase over the same time period.
  • Long Island’s foreclosure rate per household twice as large as New York City: The number of foreclosures per household reached 0.069% in Long Island in the second quarter of 2008, just shy of 0.072% rate in Queens and twice as big as in New York City (0.03%).
  • The Town of Hempstead had the highest rate of foreclosures per household in Long Island: One in every 833 households was scheduled for a foreclosure auction in the second quarter of 2008, double the previous quarter when only one in 1,666 households was scheduled for auction.

"It was shocking to see that the level of foreclosures in Long Island actually exceeded the number of foreclosures in Queens, the borough with the most foreclosure activity from New York City" stated Ashleigh Rose Clark, Data Acquisition Manager at PropertyShark.com

Nassau County Overview

  • Foreclosure Auctions: The number of newly scheduled auctions in Nassau County rose 95% from the previous quarter(201) and 14% from Q2 2007 (346), setting a one-year high with 392 new foreclosures. Single family homes were the most common property types scheduled for an auction.
  • Town Overview: The Town of Hempstead shows the most foreclosure activity with 291 new scheduled auctions in the second quarter of 2008, which represents 74% of Nassau’s total number of new foreclosures, followed distantly by the town of Oyster Bay with 52 foreclosures and the town of North Hempstead with 34 foreclosures.

Suffolk County

  • Foreclosure Auctions: There were 301 new foreclosure auctions scheduled in Suffolk County in Q2 2008, down 9% from the previous quarter (155), but up 102% from Q2 2007 (198). Brookhaven (152) had the highest number of foreclosures among the towns of Suffolk County, despite a 9% decrease from the previous quarter, followed by Islip (56) and Huntington (32).

The full Long Island Q2 2008 Foreclosure Report can be downloaded at www.propertyshark.com/mason/BlogCenter/marketreports.html

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

Propertyshark.Com Collaborates with Corcoran To Release Manhattan Real Estate Report: Second Quarter Of 2008 Sees A 38% Decline In Residential Transactions For Manhattan; Median Sale Prices Up Slightly

New York, NY, June 5, 2008 - PropertyShark.com, in collaboration with the Corcoran Group, today announce the release of the first Corcoran Report with sales data audited and supplemented by PropertyShark.com. The Corcoran Report covers Manhattan residential real estate sales for the second quarter of 2008.

"There is a lot of information available about real estate sales these days, not all of which is easy to comprehend" stated Pamela Liebman, CEO of the Corcoran Group. "That's why, in order to capture the fullest and most accurate data set we could possibly obtain, we approached PropertyShark.com about becoming our collaborator in the report."

The Corcoran Report seeks to inform homeowners about the relative value of their property while also educating potential buyers about what they might spend for different property types. It segments the Manhattan market into regions (downtown, midtown west, midtown east, upper west side, upper east side, and uptown) by property type (coop, condo, townhouse) and by whether it is a new development or a resale. The new development segmentation was added so as not to skew current re-sale prices with prices from closings of new development units that may have been in contract for 12-24 months.

"We are confident that the combination of Corcoran's market knowledge and PropertyShark's data handling expertise will bring valuable insight to anyone considering buying or selling a home" stated Matthew Haines, Founder and Chairman of PropertyShark.com. "Part of what attracted PropertyShark to this project was Corcoran's interest in getting to the heart of the matter and simply 'telling the story like it is'."

Key Takeaways from 2Q08 Manhattan Sales;

  • Sales Transactions: The number of residential sales transactions declined by 38% compared to the same period in 2007, with re-sale transactions showing the largest decline.
  • Median Sale Price: Median sale price rose 13% over the same quarter in 2007. Median price was down 2% for re-sale properties and up by 48% for new development units.
  • Region of Manhattan: For re-sales, the uptown Manhattan market had the largest increase in median sale price compared to the same quarter last year. Among new development sales, the upper west side showed the greatest median sale price increase compared to 2Q07.

"There has been much discussion of the slower level of sales activity this year and, with sales off 38% from the same time a year ago, this quarter provides perhaps the starkest example yet of the caution that has overtaken the market" stated Pamela. "By contrast, prices continue to be stable in both the re-sale and new development arenas, demonstrating once again the resiliency of residential real estate value in the borough."

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, for sale and for lease listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, real estate investors and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

Los Angeles, Miami, Seattle and NYC Foreclosures All Up 50-233 Percent over May 2007

New York City, June 5, 2008 - PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for May 2008.

Key Four-City Findings (Request report for details and charts):
  • Los Angeles foreclosures set a monthly record: New York City and Seattle foreclosures decline from last month: The number of newly scheduled trustee sales in Los Angeles County surged 17% from April 2008, setting a two-year record with 5,308 new trustee sales. New foreclosures in Miami remained flat while New York City and Seattle saw a decrease when compared to the previous month.
  • Los Angeles, Miami, Seattle and NYC foreclosures all up big over May 2007: The number of new foreclosures were up over May 2007 by 233% in Los Angeles, 73% in Miami, 68% in Seattle, and 50% in New York City.
  • The foreclosure epicenter in New York City is District 12 in Queens: District 12 in Queens (Jamaica, South Jamaica, Hollis and St. Albans) had 80 new foreclosure auctions scheduled in May 2008. Foreclosures in this Queen's community district eclipses the entire boroughs of Brooklyn (55 new auctions) and Staten Island (47) for the month.
  • Total lien amount in Los Angeles County approaches $2 billion: In Los Angeles County, the sum of the lien amounts for properties scheduled for trustee sale in May 2008 was $1,964,112,580, just shy of the $2 billion mark.

"While most of New York City has escaped the astronomical foreclosure activity seen nationwide, some areas like the neighborhoods of Jamaica, South Jamaica, Hollis and St. Albans are in dire shape, with a foreclosure rate per household 21 times higher than the city average" stated Ashleigh Rose Clark, Data Acquisition Manager at PropertyShark.com

Los Angeles County

  • Trustee Sales: The number of newly scheduled trustee sales in Los Angeles County surged 17% from April 2008 and 232% from May 2007, setting a two-year record with 5,308 new trustee sales. The total lien amount was just shy of $2 billion.
  • Los Angeles Trouble Spots: While zip codes in the Palmdale/Lancaster area continue to have the highest number of foreclosures, we have seen a troubling increase in foreclosures in some of the priciest zip codes of the county. The number of owners with a lien against their properties over $1 million reached 70 this month, more than double the average monthly number seen in the past 12 months.

"The aggregate amount of all liens from Los Angeles County properties scheduled for trustee sale for the first time in May 2008 is shockingly close to $2 billion, underlying the severity of the housing crisis in this region" said Robert Sarb, Product Manager at PropertyShark.com.

Miami Dade County

  • Foreclosure Auctions: The number of new foreclosures remained flat in May 2008 from the previous month (882), when it reached a two-year peak. Compared to May 2007, Miami-Dade County registered a 72.9% increase.

New York City (five boroughs)

  • New Foreclosure Auctions: New York City new foreclosures (313) saw a second consecutive month of decline, down 4.86% from April 2008 (329).
  • Boroughs Overview: Queens (down 8.3%) experienced the most noticeable improvement in new foreclosure counts in May 2008 compared to the previous month. Despite this, the borough remains responsible for most of New York City's foreclosure activity, compiling 56% of all new scheduled auctions.

Seattle (King County)

  • There were 160 new foreclosure auctions scheduled in May 2008, down 16% from the 191 in April 2008, but up by 68% compared to May 2007.

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

PropertyShark.com Releases First Quarter 2008 Multifamily Investment Property Report; Transactions Plummet in New York City, Los Angeles, and San Francisco



New York City, June 3rd, 2008 - PropertyShark.com, the premier real estate data website, today released its quarterly investment property report covering multifamily property sales in New York City, Los Angeles, and San Francisco for the first quarter of 2008.

"The most telling market indicator for multifamily properties in New York City, Los Angles, and San Francisco is the 20-45% decrease in the number of sales compared to the same quarter last year. Transactions obviously just aren't happening like they were in 2006" stated Bill Staniford, CEO of PropertyShark.com.

Key high Level Findings (Request report for details and charts):
  • Number of multifamily sales declined sharply compared to the first quarter of 2007 for San Francisco, New York City, and Los Angeles.
  • Median sale price drops for multifamily properties in San Francisco and Los Angeles, but stays steady in New York City
  • The median price per square foot for multifamily properties continued its downward trend compared to the first quarter of 2007 in San Francisco, New York City, and Los Angeles.

PropertyShark.com issues the quarterly Investment Property Report to provide real estate investors with quantitative market insight about multifamily buildings, defined as Two Family Dwellings, Three Family Dwellings, Four Family Dwellings, Five or More Family Dwellings, and Mixed Use Properties. It does not include single family homes, coop or condo units, or other commercial or industrial buildings.

San Francisco Multifamily Properties:

  • San Francisco County registered 251 sales, down 24.62% from the last quarter of 2007 and down 21.56% since Q1 2007.
  • The median sale price in San Francisco was $935,000, down 3.61% from Q4 2007, and down 14.61% from the first quarter of 2007.
  • The median price per square foot in San Francisco was $301, up 1.78% from Q4 2007, but down 10.58% since Q1 2007.

Los Angeles Multifamily Properties:

  • Los Angeles recorded 1,525 closings in the first quarter of 2008, down 5.63% from Q4 2007 and down 31.17% from Q1 2007.
  • The median sale price in Los Angeles County for Q1 2008 was $535,000, down 10.83% from Q4 2007 and down 17.72% from Q1 2007.
  • The median price per square foot in Los Angeles was $236 for Q1 2008, down 6.79% from Q4 2007, and down 18.35% since Q1 2007.

NYC Multifamily Properties:

  • There were 2,991 closings in New York City, down 4.59% from Q4 2007 and down 41.41% from the first quarter of 2007.
  • There were 2,991 closings in New York City, down 4.59% from Q4 2007 and down 41.41% from the first quarter of 2007.
  • The median price per square foot in New York City was $242, down 3.01% from Q4 2007, and down 5.64% from Q1 2007. Of the five boroughs, Manhattan was the only borough which made a positive gain compared to Q4 2007, up 8.63%, but was still down 6.5% when compared to Q1 2007.

"After free falling for the first three quarters of 2007, Queen's multifamily home sales are stabilizing around the 1,000 transaction mark" said Paula Flonta, Product manager at PropertyShark.com. "However, the median sale price as well as the median price per square foot are still on the decline"

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

April 2008 Foreclosure Report Issued by PropertyShark.com

Los Angeles, Miami, and Seattle Foreclosures Again Reach New Highs

New York City, May 7th, 2008 - PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for April 2008.

Key Four-City Findings (Request report for details and charts):
  • Foreclosures reached new record highs in Los Angeles, Miami, and Seattle: Scheduled foreclosure auctions rocketed higher in Los Angeles by 467% compared to April 2007, while in Miami they surged by 160%, and in Seattle by 30%, to reach two-year highs in each region.
  • Los Angeles' foreclosure rate per household 13 times higher than in New York City: The foreclosure rate per household in Los Angeles was the highest among the four cities, 5 times higher than Seattle, and over 13 times higher than New York City.
  • Queens had 58% of New York City's total foreclosures: Queens continues to show the most foreclosure activity out of all the boroughs, with 58% of New York City’s total number of newly scheduled auctions.
  • In the City of Los Angeles, zip codes in Sylmar and Pacoima had the most foreclosures Within the Los Angeles City boundaries, zip codes in Sylmar (91342) and Pacoima (91331) had the highest number of foreclosures. Zip codes in Palmdale and Lancaster again had the most for the whole county.

"When we see a month where Los Angeles, Miami, and Seattle reach record foreclosure levels, it suggests we are not through this foreclosure crisis by any means", stated Ashleigh Rose Clark, Data Acquisition Manager, PropertyShark.com

Los Angeles County

  • Trustee Sales: The number of newly scheduled trustee sales in Los Angeles County rocketed 83% from the previous month and 467% from April 2007, setting, with 4,540 new trustee sales, a two-year record.
  • Los Angeles Trouble Spots: Within the Los Angeles City boundaries, zip codes in Sylmar (91342) and Pacoima (91331) had the highest number of foreclosures. Zip codes in Palmdale and Lancaster again had the most for the whole county.

"While we thought Los Angeles trustees sales might finally be declining after seeing lower numbers in February and March, they jumped again to new highs in April" said Ashleigh Rose Clark, Data Acquisition Manager PropertyShark.com

Miami Dade County

  • Foreclosure Auctions: There were 882 new foreclosure auctions scheduled in Miami-Dade County in April 2008, up 8.75% from the previous month’s number, 811, and up 160% from the April 2007 number of 339.

New York City (five boroughs)

  • New Foreclosure Auctions: New York City foreclosures remained high, with a third consecutive month over the 300 mark.
  • Boroughs Overview: Queens continues to show the most foreclosure activity out of all the boroughs, with 58% of New York City’s total number of newly scheduled auctions.

"This is the third consecutive month where we have seen New York City foreclosures pass the 300 mark, a level we didn’t even see in any month in 2007." stated Ashleigh Rose Clark, Data Acquisition Manager, PropertyShark.com

Seattle (King County)

  • There were 191 new foreclosure auctions scheduled in April 2008, up 189% from the 66 in March 2008, and up by 29% from April 2007. This represents a two-year record for the number of new foreclosure auctions.

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

 

 

The Corcoran Group Partners With PropertyShark.com


New York City, May 5th, 2008 - Today The Corcoran Group announced its partnership with PropertyShark.com, a nationally-recognized source for residential property reports. This partnership between the two industry leaders in residential real estate sales and reporting marks the first time a brokerage firm has partnered with a research website to provide both the real estate agent and the consumer with the most up-to-date and complete information available on New York City properties. The companies will work together to provide the most current data to Corcoran’s agents, to train the agents to leverage the advantages of PropertyShark.com for their business, and to utilize their combined information in The Corcoran Report, the original statistical report on Manhattan’s residential real estate.

"The public's thirst for more and better information on residential real estate is changing the way we work," said Corcoran CEO Pamela Liebman. "Our goal in partnering with PropertyShark.com is to further enhance Corcoran’s considerable abilities in providing up-to-the-minute information to our agents and to the consumer and to inform and educate them in the sale or purchase of a home."

"By selecting PropertyShark.com, Corcoran brokers and agents will have access to unparalleled information on every property in New York," said Bill Staniford, CEO of PropertyShark.com. "There is no doubt in my mind this will help Corcoran's clients make the best possible decisions about buying or selling a home."

The benefits of the partnership will be enjoyed in multiple ways. Corcoran will provide PropertyShark.com's most essential data to its New York City agents at no cost to the individual users. In addition, professionals from PropertyShark.com will give both introductory and ongoing training to Corcoran agents to familiarize them with the tools the site provides. At Corcoran's request, PropertyShark.com programmers are developing numerous enhancements to the site, including a polygonal search tool, improved list and mailing label generating capabilities, and the ability for agents to send property reports to a customer using the Corcoran branding. Finally, PropertyShark.com will supply data and analysis to Corcoran's technology and research departments to enrich The Corcoran Report's information matrix, substantially enhancing its scope and reach.

Recognized by The New York Times, New York Magazine and The Real Deal as the city's leading real estate information website, PropertyShark.com has become an indispensible tool for consumers, investors and real estate professionals alike. PropertyShark.com's researchers scour the public record and pound the pavement to collect data on sales, foreclosures, title transfers, ownership and the history of real estate in major metropolitan areas around the country, with a particular focus on New York City. In turn, it enables real estate professionals to educate themselves about properties, to collect the most up-to-date comparables, and to market themselves and their listings to target audiences.

The Corcoran Group, a leading residential real estate brokerage company in New York City, operates 47 offices with 2,500 sales associates serving Manhattan, Brooklyn, the Hamptons, the North Fork, Shelter Island, Delray Beach and Palm Beach, Fla. The Corcoran Group, is part of NRT LLC, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation, operates Realogy's company-owned real estate brokerage offices

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

PropertyShark.com Appoints Bill Staniford as New CEO: Site Usage, new Registered Users and Subscribers Surge Higher in the First Quarter of 2008

PropertyShark.com, the premier real estate data website, today named Bill Staniford, the former Vice President of Sales, to the position of Chief Executive Officer. Site usage, new registered users and subscribers surge higher in the first quarter of 2008.

New York City, April 29th, 2008 - PropertyShark.com, the premier real estate data website, today named Bill Staniford, the former Vice President of Sales, to the position of Chief Executive Officer.

"Bill has a proven background as an exceptional business leader and sales professional," stated Matthew Haines, Founder and Chairman of PropertyShark.com. "Revenue and usage have tripled since Bill joined the team and it seems that our momentum is just beginning, having completed our strongest quarter ever in what is supposed to be a difficult time in the real estate industry."

Bill joined PropertyShark.com in 2006 as the Vice President of Sales with prior experience as a Director for Kaplan, Inc., Founder and CEO of Mozaic Design and Décor, and as a U.S. Marine. Bill has a B.A. from the University of Texas and an M.B.A. from the Leeds School of Business at the University of Colorado. Bill's transition to the CEO role had been planned for a while.

"I have a lot of experience in executive roles, whether it's starting my own business or running one for a much larger company, so this position feels like a great fit for me," said Mr. Staniford. "Interestingly, as a Marine I spent a lot of time gathering, analyzing, and disseminating information. We do the same thing here at PropertyShark.com, it's just real estate information instead of military intelligence."

In his first moves as CEO, Bill has focused on four new business lines to complement the successful PropertyShark.com website:

  • Corporate Groups, to enable companies to purchase PropertyShark.com services for their employees
  • PropertyShark University, to educate, license and train real estate professionals through innovative continuing education classes
  • Advertising, to help real estate professionals reach out to our dynamic and expanding user base
  • Data Services, to assist real estate professionals and other data consumers find solutions in our massive real estate database.

The core PropertyShark.com business will continue to be based on aggregating thousands of data sources to provide comprehensive Property Reports for every property in a county, Comparable Sales search to help users assess a property's market value, Foreclosure and Pre-Foreclosure Listings, Owner Phone Numbers, Interactive Maps, Mailing Lists, and Building Photos. Free basic accounts and professional subscriptions are available at www.PropertyShark.com.

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

PropertyShark.com Announces the Launch of a Mailing List Data Service for Real Estate Professionals

ListBuilder lets users create highly targeted prospect lists and mailing labels.

New York City, April 23th, 2008 - PropertyShark.com, the premier real estate data website, today announces the release of the web-based ListBuilder service for New York City real estate professionals and investors.

Accessible from the PropertyShark.com website, ListBuilder lets users query the PropertyShark.com database for owners of properties matching very specific criteria, and then review the prospect list online, download contact information, and create mailing labels.

“Throughout our product testing period, savvy investors, brokers, lenders and developers used ListBuilder to find truly incredible opportunities by creating lists targeted to very specific owners and properties” stated Jens Kristensen, ListBuilder Product Manager at PropertyShark.com.

Lists can be created using any of the following criteria:

  • Location: Borough, Community District, Neighborhood, Zip Code, Block, or limited to owners within a specific building.
  • Building Class: Residential, Commercial, Mixed Use, Industrial, Vacant Lots.
  • Property Characteristics: Number of Units, Square Feet, Stories, Lot Size.

“PropertyShark lists have given me access to a significant trove of data that is easy to access, purchase, and use for mailings”, said Todd Schiff, Associate Broker, Prudential Douglas Elliman. “I've used it to successfully reach owners and tenants of buildings and have received calls from my mailings. It is an invaluable resource I return to again and again.”

In addition, a series of QuickLists have been created for various real estate professionals, including lists based on pre-selected criteria useful to real estate investors, commercial brokers, residential realtors, interior designers, and real estate developers.

Some examples of QuickLists include:

  • All owners of condos purchased for over $1 million in the last 3 months,
  • Owners of office buildings between 10,000 and 100,000 of office square feet,
  • All vacant lots in Manhattan,
  • All buildings with recently filed permits for complex construction projects.

“The List service is a fantastic way to target your audience and narrow down search criteria to your exact real estate needs” said Gregory Struck, Director of Business Development at CORE Group Marketing. “In today's extremely fast paced world of real estate, staying organized is crucial and PropertyShark provides the tools CORE Group Marketing needs to stay on top of the market."

For investors and real estate professionals with even more customized data needs, PropertyShark.com also created the Data Services team. Whether it's a custom property list using search criteria not available in ListBuilder or a consulting project to research & analyze real estate data, PropertyShark.com data specialists can provide exactly what clients need.

“We have vast amounts of data on PropertyShark.com, most of which can be extracted in interesting combinations”, said Bryan Owens, Director of Data Services at PropertyShark.com. “Some of the more creative requests have included custom lists based on buildings with particular zoning, air rights available, toxic sites nearby, or in areas with economic & development incentives.”

For more information on ListBuilder or Data Services, go to www.propertyshark.com/mason/DataServices

PR Contact: Brian Scully at 718.715.1758.

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With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

First Quarter 2008 Foreclosure Report Released by PropertyShark.com

Los Angeles Foreclosures up 261% over the first quarter of 2007; Miami, Seattle and New York City also increase.

New York City, April 8th, 2008 - PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for the first quarter of 2008.

Key Four-City Findings (Request report for details and charts):
  • Foreclosure Auctions: PropertyShark.com recorded 8877 first-time Los Angeles foreclosures, 2231 in Miami-Dade County, 918 in New York City, and 385 in Seattle for the first quarter of 2008.
  • Comparison to Q1 2007: Scheduled foreclosure auctions in Los Angeles jumped 261% compared to the first quarter of 2007, while Miami increased by 126%, New York City by 66% and Seattle up 6.94%.
  • Comparison to Q4 2007: First time foreclosure auctions for the quarter reached two-year peaks in all four regions studied, with New York City (up 51%) and Los Angeles (up 34%) having the highest increases over the previous quarter. The New York City increase is largely attributed to the borough of Queens.
  • Foreclosures per Household: Of the four cities, Miami had again the highest foreclosure rate per household, 5 times higher than Seattle and 9 times higher per household than New York City.

"Record quarterly numbers in all four of these geographically dispersed major cities indicate that there may be few MSAs unaffected by the foreclosure crisis." - Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Los Angeles County

  • Trustee Sales: Los Angeles had 8877 trustee sales during the period, 34.05% higher than last quarter and 261% higher than the same quarter last year.
  • Los Angeles Trouble Spots: Zip Codes in Le Puente (91744, 88% increase), Palmdale (93550, 64% increase) and South Gate (90280, 62% increase) saw the highest increase in new trustee sales since last quarter. The top 5 zip codes were in Palmdale, Lancaster and Quartz Hill.

"With quarterly increases over both last quarter and the same quarter of 2007, Los Angeles reached new heights for Trustee Sale activity, again concentrated in the Lancaster/Palmdale area." – Ashleigh Rose Clark, Data Acquisitions Manager, PropertyShark.com

Miami Dade County

  • Foreclosure Auctions: There were 2231 new residential foreclosure auctions scheduled in Miami-Dade County for the first quarter of 2008, the highest quarterly number of new foreclosures in the past two years.

New York City (five boroughs)

  • New Foreclosure Auctions: There were 918 first time foreclosures scheduled in New York City for the first quarter of 2008, a 51.7% increase in new foreclosures over the fourth quarter of 2007, and an increase of 65.7% over the first quarter of last year.
  • New York City Boroughs: First time foreclosure auctions in Queens and Staten Island reached new highs this quarter, with Staten Island up 411% and Queens up 59% over the first quarter of last year.

"We saw massive increases in Queen’s foreclosures scheduled this quarter, 90% higher than the last quarter of 2007 and 59% higher than the same quarter last year. While Manhattan foreclosures are still almost nonexistent, Queens has single-handedly taken New York City foreclosure levels to new heights.” – Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Seattle (King County)

  • Trustee Sales: The number of new foreclosure auctions saw a slight increase of 7% over the previous quarter, nonetheless reaching a quarterly two-year peak

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

### 

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

February 2008 Foreclosure Report Issued by PropertyShark.com

PropertyShark.com today released its monthly foreclosures report covering Los Angeles, Miami, Seattle and New York City for February 2008. Los Angeles Foreclosures: Up 210% over February 2007 New York City Foreclosures: Up 121% over February 2007 Miami Foreclosures: Up 96% over February 2007 Seattle Foreclosures: Up 9% over February 2007

New York City, March 5th, 2008 - PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for February 2008.

Key Four-City Findings (Request report for details and charts):
  • Foreclosure Auctions: PropertyShark.com recorded 2527 first-time Los Angeles foreclosures, 625 in Miami-Dade County, 300 foreclosure auctions in New York City, and 144 in Seattle for February 2008.
  • Comparison to February 2007: Despite the improvements over last month, all regions had higher numbers of new foreclosures when compared to February 2007, ranging from a 9% increase in Seattle to 96% in Miami and 210% in Los Angeles. New York City saw an increase as well by 121%.
  • Comparison to January 2008: After setting monthly records in January 2008, Los Angeles (down 35%), Miami (down 21%) and Seattle (down 18%) saw significant improvements in the number of new scheduled foreclosure auctions compared to the prior month. However, New York City set another two year high with a 13% increase over the previous month.
  • Foreclosures per Household: Of the four cities, Los Angeles had the highest foreclosures rate per household, 4 times higher than Seattle and over 8 times higher than New York City.

""While we saw improvements compared to last month in Los Angeles, Seattle, and Miami, first time foreclosure auctions were up in all four cities when compared to the same month last year" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

  • Trustee Sales: Los Angeles had 2527 trustee sales during the period, 34.6% lower than last month but 209.7% higher than February 2007.
  • Los Angeles Trouble Spots: The top five zip codes in Los Angeles for new scheduled trustee sales were again in the Lancaster, Palmdale, and Quartz Hill areas.

Miami Dade County

  • Foreclosure Auctions: There were 625 residential foreclosure auctions scheduled in Miami-Dade County for February 2008, a decrease of 21.38% from January 2008 but 95.9% higher than February 2007.

New York City (five boroughs)

  • New Foreclosure Auctions: There were 300 first time foreclosures scheduled in New York City for February 2008, a 12.78% increase in new foreclosures over January 2008, and an increase of 112.8% over February 2007
  • New York City Boroughs: New foreclosure auctions in Queens and Brooklyn jumped by 25% and 20% respectively compared to January 2008, with Queens reaching two year highs.

"New York City first time foreclosures reached record monthly highs since we have been tracking them, lead by 20%+ monthly increases in Queens and Brooklyn" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com

Seattle (King County)

  • Trustee Sales: For February 2008, there were 144 new residential trustee sales scheduled in Seattle (King County), an 18.18% decrease over January 2008 (176), but a 9.9% increase from February 2007

Real estate investors can browse current foreclosure listings and detailed property reports for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

### 

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

January 2008 Foreclosure Report Issued by PropertyShark.com

The monthly report examines Los Angeles Foreclosures, New York City Foreclosures, Miami Foreclosures, and Seattle Foreclosures up through January 31st 2008 and going back to January 2007.

New York City, February 5th, 2008 - PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for January 2008.

Key Four-City Findings (Request report for details and charts):
  • Foreclosure Auctions: PropertyShark.com recorded 3857 first-time Los Angeles foreclosures, 795 in Miami-Dade County, 266 foreclosure auctions in New York City, and 176 in Seattle for January 2008.
  • Comparison to January 2007: Scheduled foreclosure auctions reached two-year peaks in all four regions, with Los Angeles rocketing up by 397% compared to January 2007, Miami increasing by 220%, and Seattle by 85%.
  • Comparison to December 2007: After dipping in December 2007, the number of scheduled foreclosure auctions rose this month in all four regions (New York City, Miami, Los Angeles, and Seattle).
  • Foreclosures per Household: Of the four cities studied, this is the first time in two years that Los Angeles surpassed Miami in foreclosures per household. Los Angeles rates were about 20% higher than Miami's and 1296% higher per household than New York City's.

"For the first time since PropertyShark.com has been tracking foreclosures, all four regions under study reached record monthly highs" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

  • Trustee Sales: Los Angeles had 3857 trustee sales during the period, 90.09% higher than last month and 397% higher than January 2007.
  • Los Angeles Trouble Spots: Zip Codes in Lancaster and Palmdale topped the list, each zip code with increases in new foreclosures over last month well over 100%.

Miami Dade County

  • Foreclosure Auctions: There were 795 residential foreclosure auctions scheduled in Miami-Dade County for January 2008, an increase of 20.27% from December 2007 and 220% higher than January 2007.

New York City (five boroughs)

  • New Foreclosure Auctions: New York City saw a 106% increase in new foreclosures over December 2007, partially due to typical seasonality, but also increased by 24.3% over January 2007.
  • New York City Boroughs: New foreclosure auctions in Staten Island jumped by 184% after seeing a big improvement in December. New auctions in Queens rose by 150%. All other boroughs also experienced an increase in new foreclosures.

"Queens's foreclosures were back at troubling levels for the month of January, 150% higher than December 2007 and 5.5% higher than January of 2007" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com. "More alarming increases came from Staten Island, where foreclosures were up 260% from January of 2007."

Seattle (King County)

  • Trustee Sales: For January 2008, there were 176 new residential trustee sales scheduled in Seattle (King County), a 34.35% increase over December 2007 (131), and an 85% increase from January 2007

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

### 

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

Fourth Quarter 2007 Foreclosure Report Issued by PropertyShark.com

New Highs in Los Angeles Trustee Sales and Miami Foreclosure; New York City Foreclosures up 71%

PropertyShark.com released its Fourth Quarter 2007 Foreclosure report covering New York City Foreclosures, Los Angeles Foreclosures, Seattle Foreclosures, and Miami Foreclosures. Press may request a copy of the full report and real estate investors can browse foreclosure listings in their area at PropertyShark.com.

Key Four-City Findings (Request report for details and charts):
  • Foreclosure Auctions: PropertyShark.com recorded 6622 first-time trustee sales in Los Angeles, 1942 in Miami-Dade County, 605 foreclosure auctions in New York City, and 360 in Seattle for the fourth quarter of 2007.
  • Comparison to Q4 2006: Scheduled foreclosure auctions in Los Angeles, jumped 235% compared to the fourth quarter of 2006, while Miami increased by 156% and New York City by 71%. Seattle foreclosures decreased by 2.7% compared to Q4 2006.
  • Comparison to Q3 2007: Los Angeles (up 24.45%) and Miami (up 20.70%) continued their upward trend in first time foreclosures with both counties setting quarterly records compared to the prior 8 quarters. After dipping in Q3 2007, Seattle foreclosures jumped by 43.42% while New York City saw a decrease of 13.32%.
  • Foreclosures per Household: Of the four cities, Miami again had the highest foreclosure rate per household, 5 times higher than Seattle, and over 12 times higher per household than New York City.

"Both Los Angeles and Miami again set new highs for first time foreclosures since PropertyShark.com began tracking foreclosures, with trend lines suggesting things will continue to get worse" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

  • Trustee Sales: Los Angeles had 6622 trustee sales during the period, 24.45% higher than last quarter and 235% higher than the same quarter in 2006.
  • Los Angeles Trouble Spots: Zip Codes in Pomona (91766, 113% increase), Compton (90221, 100% increase) and Norwalk (90650, 70% increase) saw the highest increase in new trustee sales since last quarter. The top 5 zip codes were in Palmdale, Lancaster and Quartz Hill.

"First time foreclosures in Los Angeles reached new highs with no end in sight. Again we see substantial foreclosure activity in the Lancaster/Palmdale area" said Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Miami Dade County

  • Foreclosure Auctions: There were 1942 residential foreclosure auctions scheduled in Miami-Dade County for Q4 2007, an increase of 20.7% from Q3 2007 and 156% higher than Q4 2006.

New York City (five boroughs)

  • New Foreclosure Auctions: New York City saw a 13% decrease in new foreclosures over Q3 2007. However, the number is 71% higher than Q4 2006.
  • New York City Boroughs: Staten Island was the only borough that experienced an increase in new foreclosures over last quarter and also had the highest percent increase over Q4 2006 (223%).

"First time New York City foreclosures jumped 71% in the fourth quarter of 2007 compared to the same quarter in 2006, although we did see a 13% decrease from last quarter, possibly due to the typical seasonal slowdown as government offices closed for the winter holidays" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Seattle (King County)

  • Trustee Sales: For Q4 2007, there were 360 new residential trustee sales scheduled in Seattle (King County), a 43.42% increase over Q3 2007 (251), and 2.7% decrease from Q4 2006 (370).

Real estate investors can browse current foreclosure listings for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985.

### 

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

November 2007 Foreclosure Report Issued by PropertyShark.com

Increases seen in Los Angeles, New York City and Miami; Seattle Doubles

New York City, December 15th, 2007 - PropertyShark.com, the premier real estate data site, today released its monthly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for November 2007.

Key Four-City Findings (Request report for details and charts):
  • Foreclosure Auctions: PropertyShark.com recorded 2436 first-time trustee sales in Los Angeles, 257 foreclosure auctions in New York City, 643 in Miami-Dade County, and 157 in Seattle for November 2007.
  • Seattle Worsens: The number of new Seattle foreclosures jumped 118% in November 2007 over October 2007, and 33% over November 2006.
  • Los Angeles Increases: The number of foreclosures rose in Los Angeles, 13.09% higher than last month and 233.7% higher than the same month in 2006.
  • Foreclosures per Household: Of the four cities, Miami had the highest foreclosure rate per household, followed closely by Los Angeles. These rates per household are about 9 times the rates in New York City.

"The surprise this month was the doubling in the number of first time foreclosures in Seattle, an area which had recently shown consecutive monthly improvements" stated Ashleigh Rose Clark, data acquisitions manager at PropertyShark.com.

Los Angeles County

  • Trustee Sales: Los Angeles had 2436 trustee sales during the period, 13.09% higher than last month and 233.7% higher than the same month in 2006.
  • By Zip Code: The top six zip codes for Los Angeles County foreclosures were in Lancaster and Palmdale.

Miami Dale County

  • Foreclosure Auctions: There were 643 residential foreclosure auctions scheduled in Miami-Dade County for November 2007. The number was stable from the prior month (638), but 111.5% higher than November 2006.

New York City (five boroughs)

  • New Foreclosure Auctions: New York City saw a 17.35% monthly increase in new residential foreclosures in November 2007 (257 foreclosures) compared to October 2007 (219 foreclosures), and a 129.46% jump over November 2006.
  • Foreclosures by Borough: Of the New York City boroughs, Staten Island had the largest percentage increase in foreclosures (48.94%) compared to the prior month, and 366.67% over November 2006. Staten Island is second to only Queens in terms of the number of first time foreclosures in November 2007.

Seattle (King County)

  • Trustee Sales: For November 2007, there were 157 new residential trustee sales scheduled in Seattle (King County), a 118% increase over October 2007 (72), and 33% rise over November 2006 (118).

Real estate investors can browse current foreclosure listings for the following areas:

### 

With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

 

 

Fire Threat Maps For Entire San Francisco Bay Area published by PropertyShark.com

Extreme threat seen in Alameda County, Contra Costa, Marin, Napa and Santa Clara

New York City, November 15th, 2007 - PropertyShark.com, the premier real estate data site, today released fire threat maps for Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma. The maps show historical wildfire frequency, the location of past fires, and the potential future fire threat for every property in each county.

"The devastating fires in Southern California last month remind us that--whether we are real estate investors, homebuyers, or business owners--assessing fire threat is an essential step in the process of evaluating real property" stated Christopher Thorne, Maps Product Manager at PropertyShark.com. "Using California state-wide published data, we have developed these San Francisco Bay Area fire threat maps to help people make better real estate decisions through awareness of the proximity of past fires, and the likelihood of future fires within their neighborhood."

Hotspots by County:

    Alameda

    Most areas of Alameda County show a High to Extreme fire threat, particularly northwest of Newark and on the outskirts of Livermore. Fire Threat Map

    Contra Costa

    The majority of Contra Costa has a Very High fire threat, with the area surrounding Martinez having Extreme Threat. Fire Threat Map

    We also see the history of wildfires around Martinez in 1980, 1985, 2003, and 2004. Wildfire Map

    Marin

    The areas around Hamilton Air Force Base up through northwest Novato show an Extreme fire threat. Fire Threat Map

    Napa

    Napa has a High to Extreme fire threat throughout, with a corridor of Extreme threat on both sides of Highway 29 from the City of Napa through Calistoga. Fire Threat Map

    Wildfires have hit Napa frequently, particularly North of Lake Berryessa. Wild Fire Map

    San Francisco

    In San Francisco, Golden Gate Park and the Presidio have the highest areas of fire threat, with a somewhat surprising Extreme Threat level in the blocks surrounding Lombard and Van Ness. Fire Theat Map

    San Mateo

    San Mateo County predominantly has a High fire threat with a noticeable sprinkle of Extreme threat in areas between Portola Valley and Woodside as well as surrounding Half Moon Bay. Fire Threat Map

    Santa Clara

    Most of Santa Clara ranges from Very High to Extreme fire threat, with trouble spots from south of Gilroy all the way up north of Morgan Hill. Fire Threat Map

    PropertyShark.com also provides fire maps for Santa Cruz and Solano County.

     

     

    PropertyShark.com Releases 3rd Quarter Foreclosures Report

    Los Angeles Foreclosures Rocket Higher in the 3rd Quarter of 2007. Areas of Miami and New York City continue to increase; Seattle recovers by 24%.

    New York City, October 3rd, 2007 - PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in Los Angeles, Miami, Seattle and New York City for the July-September 2007 time period.

    Key Four-City Findings (Request full report for details and charts):

    • Foreclosure Auctions: PropertyShark.com recorded 5320 first-time trustee sales in Los Angeles, 698 foreclosure auctions in New York City, 1531 in Miami-Dade County, and 251 in Seattle for July-September 2007.
    • Major Los Angeles Increases: The number of foreclosures rose sharply in Los Angeles, 40.26% higher than last quarter and 247% higher than the same quarter in 2006. (See below for numbers)
    • Foreclosures per Household: Of the four cities, Miami had the highest foreclosure rate per household, about 116% higher than Los Angeles, and 852% higher per household than New York City.

    "Again we see record levels of foreclosures in New York City, Miami, and Los Angeles since PropertyShark.com began tracking foreclosures, with truly staggering numbers in Los Angeles this quarter," stated Ryan Slack, chief executive officer, PropertyShark.com.

    Los Angeles County

    • Trustee Sales: Los Angeles had 5320 trustee sales during the period, a 40.26% increase from the second quarter of 2007, and a 247% increase over the third quarter of 2006. Six of the top ten Los Angeles County zip codes for foreclosures were in Lancaster and Palmdale.

    Miami-Dade County

    • Foreclosure Auctions: There were 1531 residential foreclosure auctions scheduled in Miami-Dade County for the third quarter of 2007, a 19.42% increase from Q2 2007 and a 168% increase from Q3 2006. For a list of the top 20 Miami zip codes for foreclosure auctions, request the report.

    New York City

    • New Foreclosure Auctions: New York City saw an 8.55% quarterly increase in new residential foreclosures in the third quarter of 2007 (698 foreclosures) compared to the second quarter of 2007 (643 foreclosures), and a 64.24% jump over the third quarter of 2006.
    • Foreclosures by Borough: Staten Island had the largest percentage increase in foreclosures (64.81%) compared to the prior quarter, but Queens and Brooklyn again comprised the highest number of new foreclosure auctions in New York City. The number of Manhattan foreclosures remained very low

    Seattle (King County)

    • Trustee Sales: For the third quarter of 2007, there were 251 new residential trustee sales scheduled in Seattle (King County), a decrease of 24.85% from the prior quarter.

    "While a foreclosure can be an extremely difficult time for a homeowner, real estate investors often seek them out, providing an opportunity for an owner to sell at a market price before the banks close in," stated Matthew Haines, founder and chairman, PropertyShark.com. "I believe that there are a lot of deals to be made out there, but you have to have solid information to separate the good from the bad."

    Real estate investors can browse current foreclosure listings for the following areas:

    ### 

    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    Foreclosure Auctions Soar in Los Angeles in the second Quarter of 2007

    Miami and New York City reach near-term highs, while Seattle recovers.

    New York City, July 17, 2007 - PropertyShark.com, the premier real estate data site, today released its quarterly report covering first-time residential foreclosures in New York City, Miami, Seattle and Los Angeles for the April-June 2007 time period.

    Four-City Findings (Request report for details):

    • Foreclosure Auctions: PropertyShark.com recorded 3793 first-time trustee sales in Los Angeles, 643 foreclosure auctions in New York City, 1282 in Miami-Dade County, and 334 in Seattle for April-June 2007.
    • Major Increases: The number of foreclosures increased significantly in Los Angeles, New York City, and Miami. (See below for numbers)
    • Foreclosures per Household: Miami had 136% more properties scheduled for foreclosure per household than Los Angeles, and a 775% higher rate per household than New York City.

    Los Angeles County

    • Trustee Sales: Los Angeles had 3793 trustee sales during the period, an increase of 54.63% from the first quarter of 2007, and a 202% increase compared to the first quarter of 2006. The top 5 zip codes in Los Angeles County for trustee sales were in Lancaster and Palmdale.

    Miami-Dade County

    • Foreclosure Auctions: There were 1282 new residential foreclosures in Miami-Dade for the quarter, a 29.89% increase from Q1 2007 and a 146% increase from Q1 2006. For a list of the top 20 Miami zip codes for foreclosure auctions, request the report.

    New York City

    • New Foreclosure Auctions: There were 643 new residential foreclosures in New York City (5 boroughs), a 16.06% increase from the first quarter of 2007 (554 foreclosures), and a 19.52% increase from the second quarter of 2006.
    • Foreclosures by Borough: All New York City boroughs had a quarterly increase in the number of new residential foreclosure auctions, with large percentage increases in the Bronx (76.60%) and Staten Island (58.82%) since last quarter. However, 73% of New York City foreclosures were Queens and Brooklyn properties.

    "New York City, Miami, and Los Angeles foreclosures are at all time highs since PropertyShark.com began tracking foreclosures" stated Ryan Slack, chief executive officer, PropertyShark.com. "Typically the second quarter foreclosure numbers are lower than the first quarter due to the 'holiday effect,' but this year the numbers keep climbing".

    Seattle (King County)

    • Trustee Sales: King County had 334 new residential trustee sales in the first quarter of 2007, a 13.02% decrease from the first quarter of 2007. The top zip codes were in Federal Way and Columbia.

    Real estate investors can browse current foreclosure listings for the following areas:

    ### 

    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    PropertyShark.com Surpasses a Quarter Million Registered Real Estate Professional

    Real Estate Data Provider Becomes One of the Largest Information Portals for Real Estate Professionals and Investors.

    New York City, June 7th, 2007 - PropertyShark.com, the premier real estate data site, today announced passing the milestone for a quarter million registered real estate professionals and investors. Not simply just site visitors, the quarter million consists of fully registered users.

    PropertyShark.com has quickly been adopted by the entire ecosystem of real estate professionals, including real estate developers, investors, commercial brokers, residential realtors, property appraisers, mortgage brokers, lenders, REITS, property insurers, lawyers, architects, property managers and real estate acquisitions companies.

    PropertyShark.com includes residential and commercial property reports, a comparables sales search tool, foreclosure listings, photos, and specialized real estate maps, aggregating information from thousands of sources into the site. Markets include Los Angeles, New York City, Miami, Seattle, Boston, Austin, Houston, Philadelphia, San Francisco, Washington DC, and all of New York State and New Jersey.

    "While many property research sites appear to be bent on damaging the livelihoods of industry professionals, PropertyShark.com leverages information and technology to empower real estate professionals," said Ryan Slack, chief executive officer, PropertyShark.com. "We provide reports, data, and tools for the entire spectrum of real estate professionals and we continue to innovate to support the business needs of the industry."

    PropertyShark.com offers brokers point-and-click comparables reports, complimentary For Sale listings and detailed property information. For developers and investors, the site has owner information, zoning, air rights, and property valuation tools to help identify and evaluate opportunities that may not even be on the market. For appraisers, PropertyShark.com provides recent sales comparables search tools and photos. For insurers and lenders the site has property characteristics and hazard data such as earthquake information, construction type and FEMA flood maps.

    ### 

    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    PropertyShark.com adds "FOR LEASE" Listings

    Free for commercial brokers, building owners, and businesses to post and view office and retail spaces for lease.

    New York City, May 22, 2007 - PropertyShark.com, the premier real estate data site, today announced the addition of a ‘For Lease’ listings area on the website. The ‘For Lease’ area of PropertyShark.com launched in the five boroughs of New York City and will be added for other major cities in the coming months. Posting a listing will be complimentary for commercial brokers and owners interested in leasing retail or office space.

    "PropertyShark.com has become a thriving information exchange for all things real estate, and our users in the commercial broker segment have long asked for a For Lease area of the site, so this is a very natural addition to PropertyShark.com" said Matthew Haines, Founder of PropertyShark.com.

    To browse current listings in the new 'For Lease' section go to: For Lease

    For business owners, demographic maps showing median income, median age, population age, and rezoning initiatives will display alongside the listings to help with leasing decisions. Users will also be able to use the Notes and Favorite Property Lists features to track and organize potential office and retail spaces.

    "We have great respect for the businesses that CoStar and LoopNet have built, and we don’t intend to try to compete in their space for major lease listings in skyscrapers, but we do see a huge opportunity to aggregate the small and mid-sized commercial leases available in the market", said Ryan Slack, chief executive officer of PropertyShark.com.

    To provide more insight into the leasing market, PropertyShark.com has simultaneously launched a map displaying retail leasing rates along commercial corridors in Brooklyn, based on data provided by leading realty services firm Massey Knakal. To view the map, go to: Map

    "The data shown in our Brooklyn retail corridor map is compiled from data provided by our territory experts", said Timothy D. King, Senior Partner of Massey Knakal Realty Services of Brooklyn. "We have compiled this data over the past several years and have noticed a steady increase in rents in the established retail corridors as well as the emergence of new, vibrant neighborhood districts."

    Beyond the 'For Lease' section, PropertyShark.com provides real state professionals and savvy investors with comprehensive residential and commercial property reports for every property in each county, a comparable sales tool, foreclosure and pre-foreclosure listings, maps, building photos and 'For Sale' listings. Markets include Los Angeles, New York City, Miami, Seattle, Boston, Austin, Houston, Philadelphia, San Francisco, Washington DC, and all of New York State and New Jersey.

    ### 

    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    PropertyShark.com launches 9 New San Francisco Bay Area Counties

    Real Estate Data Provider adds Alameda, Contra Costa, Santa Clara, San Mateo, Napa, Marin, Solano, Santa Cruz, & Sonoma.

    New York, April 25, 2007 - PropertyShark.com, the premier real estate data site, announces the launch of 9 new San Francisco Bay Area Counties including Alameda, Contra Costa, Santa Clara, San Mateo, Napa, Marin, Solano, Santa Cruz, & Sonoma. Real estate professionals, investors, and savvy homebuyers will now have easy web-based access to unprecedented levels of property data for every residential and commercial property in the counties.

    The website includes detailed property reports, a comparables sales search tool, foreclosure listings, and specialized real estate maps.

    Property Reports: Detailed property reports cover every property in the county, commercial and residential, whether listed for sale or not, and include the owner's name, last sale price and date with buyer and seller's names, property tax information, property details, neighborhood price history, neighborhood demographics, automatic valuation, title documents, and more.

    Comparables: The Comparables tool lets you search for recent sales of similar properties based on multiple criteria to estimate the market value of your target property. Filter by zip code, radius, property type, square footage, sales date and more, for both residential and commercial properties.

    Maps: These county maps include property outlines, color coded layers for year built, sale date, land use, median income, population density, and even wealthy single men/women availability!

    Foreclosures: Current and comprehensive foreclosure listings (Trustee Sales) are available for Alameda, Contra Costa, San Mateo , Santa Clara, Santa Cruz, Solano, Sonoma and San Francisco. They are currently free to browse.

    To look up a property in any county, go to:

    "We have noticed a trend where not just real estate professionals, but savvy homebuyers as well, demand access to detailed property information and sales comparables before making real estate decisions." said Ryan Slack, chief executive officer, PropertyShark.com. "Our expanded Bay Area coverage provides real state professionals, investors, and homebuyers with essential tools and data to evaluate investment opportunities. The days of buying property with little to no information are over."

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    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    Foreclosure Auctions increase substantially in Los Angeles, Miami, and New York City in the First quarter of 2007; Seattle Stabalizes.

    New York, April 11, 2007 - PropertyShark.com, the premier real estate data site, announces its quarterly report covering first-time residential foreclosures in New York City, Miami, Seattle and Los Angeles for the January-March 2007 time period.

    Four-City Findings (Request report for details):

    • Foreclosure Auctions: PropertyShark.com recorded 2453 first-time trustee sales in Los Angeles, 554 foreclosure auctions in New York City, 987 in Miami-Dade County, and 382 in Seattle for January-March 2007.
    • Foreclosures per Household: Miami had 692% more properties scheduled for foreclosure per household during the quarter than New York City, 236% more per household than Seattle, and 162% more per household than Los Angeles.

    New York City

    • New Foreclosure Auctions: There were 554 new residential foreclosures in New York City (5 boroughs), a 56.5% increase from the fourth quarter of 2007 (354 foreclosures).
    • Foreclosure Auctions by Borough: Of the boroughs, Queens had the highest number of foreclosures in Q1 2007 (319, a 91% quarterly increase). Sixteen of the top-20 zip codes for foreclosures were in Queens. Manhattan again had very few foreclosures (25) for the quarter.

    "The number of new foreclosure auctions in New York City returned to levels seen last year at this time and follows the typical seasonal up-tick after the last quarter of a year. However, the foreclosure levels in Queens are worrisome" stated Ryan Slack, chief executive officer, PropertyShark.com.

    Los Angeles County

    • Trustee Sales: Los Angeles had 2453 trustee sales during the period, an increase of 24.14% from the fourth quarter of 2007. The top 3 zip codes in Los Angeles County for trustee sales were in Lancaster and Palmdale.

    Seattle (King County)

    • Trustee Sales: King County had 382 new foreclosures in the first quarter of 2007, an increase of 3.24% from the fourth quarter of 2007. The top zip codes were 98178 and 98042.

    Miami-Dade County

    • Foreclosure Auctions: There were 987 new residential foreclosures in Miami-Dade for the quarter, a 30.56% increase from Q4 2006. For a list of the top 20 Miami zip codes for foreclosure auctions, request the report.

    Real estate investors can browse current foreclosure listings for the following areas:

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    With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

     

     

    Foreclosure Auctions increase substantially in Miami, Los Angeles and Seattle in the Fourth quarter of 2006; New York Foreclosures Decrease.

    New York, February 22, 2007 - PropertyShark.com, the premier real estate data site, announces its quarterly report covering first-time residential foreclosures in New York City, Miami, Seattle and Los Angeles for the October-December 2006 time period.

    Four-City Findings (Request report for details):

    • Foreclosure Auctions: PropertyShark.com recorded 1976 first-time trustee sales in Los Angeles, 354 foreclosure auctions in New York City, 756 in Miami-Dade County, and 370 in Seattle for October-December 2006.
    • Foreclosures per Household: Miami had 870% more properties scheduled for foreclosure per household during the quarter than New York City, 179% more per household than Seattle, and 86% more per household than Los Angeles.

    New York City:

    • New Foreclosure Auctions: There were 354 new residential foreclosures in New York City (5 boroughs), an overall decrease (-16.7%) from the third quarter of 2006 (425 foreclosures).
    • Foreclosure Auctions by Borough: Staten Island had the highest foreclosure rate per household in Q4 2006, 250% higher than Brooklyn and seven times the rate per household in Manhattan. Sixteen of the top-20 zip codes for foreclosures were in Queens and Brooklyn.

    "The biggest surprise to us was in Brooklyn, with new foreclosure auctions down 34% from last quarter and at two-year lows," stated Ryan Slack, chief executive officer, PropertyShark.com.

    Los Angeles County

    • Trustee Sales: Los Angeles had 1976 trustee sales during the period, an increase of 28.90% from the third quarter of 2006. The majority occurred in the Lancaster/Palmdale area and in South Central Los Angeles.

      Seattle (King County)

      • Trustee Sales: King County had 370 new foreclosures in the fourth quarter of 2006, an increase of 26.28% from the third quarter of 2006. The top zip code was in the Auburn/Federal Way area.

      Miami-Dade County

      • Foreclosure Auctions: There were 756 new residential foreclosures in Miami-Dade for the quarter, a 32.17% increase from Q3 2006. The majority of Miami-Dade foreclosures occurred in the Hialeah area.

      Real estate investors can browse current foreclosure listings for the following areas:

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      With over 25 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

       

       

      PropertyShark.com Announces Nationwide Maps To Find Wealthy Singles



      New York, Jan. 9, 2007 - PropertyShark.com, the premier real estate data site, announces 'Singles' maps that highlight pockets of rich, single men and women in major cities throughout the United States, including New York City, Los Angeles, Miami, San Francisco, Boston, Ft. Lauderdale, Palm Beach and Seattle.

      The 'mash-up maps' display neighborhoods that are color-coded based on the average income and availability of single men and women in an area. So for example, women looking for high percentages of single men with incomes over $100,000 might try the Upper West Side of Manhattan or the area between Pacific Palisades and Malibu in Los Angeles. To find wealthy single women, the Madison Park area of Seattle and Miami Beach look promising.

      "While the rich singles maps are obviously helpful to identify a dating pool of successful and available singles by neighborhood, these maps collectively are also very useful to anyone looking to develop new real estate projects, open a store, hire employees, or do business in neighborhoods with substantial buying power," said Matthew Haines, founder of PropertyShark.com.

      "Using PropertyShark.com, a single woman could quickly locate a neighborhood with an abundance of wealthy single men, one which also has low crime, good schools, and appreciating home prices, making her next move an informed decision rather than a random one" said Ryan Slack, chief executive officer, PropertyShark.com. "The map was initially created as a 'gift' for our publicist, Kelly Kreth, a single woman living in Manhattan. Once she saw it she realized its huge potential to help other singles throughout the country and we rolled them out nationwide."

      "While the idea started out almost as a joke, when my client, PropertyShark.com, presented it to me, I realized its value for other singles. I actually did meet a man from an area highlighted on the map as having an abundance of rich, single men, and while the relationship did not work out, the map helped me find an area of my neighborhood that would have suitable men to date," says Kelly Kreth, president, Kreth Communications, publicist to PropertyShark.com.

      For real estate professionals and investors, PropertyShark.com offers other maps with zoning, foreclosures, price per square foot, air rights, nearby toxic sites, construction permits filed, and more. The site also provides extensive reports for every property, including building details, ownership information, police reports, school district info, recent sales prices, photos, property values and comparable sales, as well as 'for sale' and foreclosure listings.

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      With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

       

       

      Foreclosure Auctions Increase in Los Angeles and miami in Third Quarter of 2006; Pre-Foreclosures Jump in New York City



      New York City, November 29, 2006 - PropertyShark.com, the premier real estate data site, issued its quarterly new residential foreclosure report covering New York City, Miami, and Los Angeles for the July-September 2006 time period. To see actual foreclosure listings in each area, visit: http://www.propertyshark.com/mason/Foreclosures/

      Four-City Findings (Request full report for details):

      • Number of New Foreclosure Auctions: PropertyShark.com recorded 1533 trustee sales in Los Angeles, 425 foreclosure auctions in New York City, 572 in Miami-Dade County, and 293 in Seattle (King County) for July-September 2006.
      • Foreclosure Auctions per Household: On a per household basis, Miami had a concerning 523% more properties scheduled for foreclosure per household during the quarter than New York City, 179% more per household than Seattle, and 150% more per household than Los Angeles.

      New York City:

      • Number of New Foreclosure Auctions: There were 425 new residential foreclosures in New York City (5 boroughs), an overall decrease (-21%) in new foreclosures in the current quarter from the second quarter of 2006 (538 foreclosures).
      • Foreclosure Auctions per Household: Of the five boroughs, Staten Island had the highest rate of foreclosure auctions per household in Q3 2006, about twice the rate of Brooklyn and over 10 times the rate of Manhattan.
      • Average Lien Amounts: Manhattan had the highest average lien per property in foreclosure at $330,728. The Bronx had the lowest average lien at $226,995.
      • Foreclosure Auctions by Neighborhood: In NYC, 17 of the top 20 zip codes for foreclosures were in Queens and Brooklyn.
      • Lis Pendens (Pre-Foreclosures): The number of residential pre-foreclosures in NYC for the quarter (1468) dropped 10.92% from the second quarter of 2006 (1648), but increased 20.33% from the third quarter of 2005 (1220).

      "The decrease in new foreclosure auctions in New York City since the second quarter of 2006 is definitely counter to popular perception of the housing market, but foreclosures are just one factor in determining the economic state of real estate", stated Ryan Slack, chief executive officer of PropertyShark.com "Comparing NYC Lis Pendens in Q3 2005 and Q3 2006, we see an increase in defaults across all boroughs; this may be indicative of a future increase in foreclosure rates City-wide".

      Los Angeles County

      • Number of Trustee Sales: Los Angeles had 1533 trustee sales during the period, an increase of 22.15% from the second quarter of 2006.
      • Trustee Sales by Neighborhood: The majority of Los Angeles trustee sales occurred in the Lancaster/Palmdale area and in South Central Los Angeles.

      "The 22% increase in Los Angeles trustee sales is important because California, a trustee state with an expedited foreclosure process, tends to foreshadow future trends in other states such as New York, which has a lengthy foreclosure court process" said Ryan Slack, chief executive officer of PropertyShark.com.

      Seattle (King County)

      • Number of Trustee Sales: King County had 293 new foreclosures in the third quarter of 2006.
      • Trustee Sales by Neighborhood: The majority of King County foreclosures occurred in the Auburn/Federal Way areas.

      Key Miami-Dade County Findings

      • Number of New Foreclosure Auctions: There were 572 new residential foreclosures in Miami-Dade for the quarter, an 8.92% increase from Q2 2006.
      • Foreclosures by Neighborhood: The majority of Miami-Dade foreclosures occurred in the Hialeah area. (Request report for top 20 zip codes).

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      With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

       

       

      PropertyShark.com Launches Maps and Foreclosure Listings for San Francisco

      Real Estate Data Provider Rounds Out San Francisco Offering with New Neighborhood Maps and Foreclosure Listings

      New York City, November 16, 2006 - PropertyShark.com, the premier real estate investment data site, announces the addition of maps and foreclosure listings (trustee sales) to round out its offering in San Francisco. Now, in addition to the comparable sales tool and the detailed property reports for almost every residential and commercial property in SF, PropertyShark.com has maps for Land Use, Median Population Age, Population Density, Median Household Income, and Property Outlines. Additionally, current foreclosure listings have been added for the San Francisco area.

      View any of the San Francisco Maps

      To browse the Foreclosures in San Francisco go to: San Francisco Foreclosure Listings

      "The addition of maps and foreclosure listings help to round out our San Francisco offering and provide real state professionals, investors, and savvy homebuyers with new tools and data to evaluate neighborhoods and investment opportunities." said Ryan Slack, chief executive officer, PropertyShark.com.

      In addition to the new maps, PropertyShark.com offers detailed property reports for almost every residential and commercial building in San Francisco and a comparable sales tool to help users determine market value of a SF property based on a wide variety of assorted criteria. Detailed property reports include building details (size, year built, construction type, etc.), owner's name, last sale price with buyer and seller's names, demographic info on the neighborhood, tax assessment data, zoning, automated valuation models, and recent permits filed. The Comparables tool allows users to enter in sales price range, sales date range, building type, building size, year built, construction type, and zip code, in order to find the market value of a specific property.

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      With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property values and comparable sales, sophisticated maps, listings, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions. For more information go to: www.propertyshark.com

       

       

      PropertyShark.com Announces It Now Has Sales Price Data For CO-OPS

      Easy-to-use PropertyShark.com website allows simplified searches for New York City co-op sales prices

      New York City, August 3, 2006 - PropertyShark.com, the premier real estate investment data site, announces that by end of day today it will have incorporated New York City co-op data into its award winning website.

      For the first time ever, NYC co-op sales prices going back to January 2004 will now be made public on the easy to search PropertyShark.com website. Prior to the recent legislation making co-op sales data public information, brokers, agents, appraisers, investors, and most importantly, homebuyers, had no way to compare sale prices of co-ops and determine a co-op’s fair market value.

      "No other site will be carrying this information immediately, and we have made the data accessible from the easy-to-use PropertyShark.com web interface. By end of day today we should have most of the data online, and going forward, we will automatically incorporate all available New York City co-op data into our site on a daily basis," explains Ryan Slack, chief executive officer, PropertyShark.com.

      In addition to co-op sales prices and ownership information, PropertyShark.com provides brokers and homebuyers with other critical data important when evaluating co-ops, including school district information, neighborhood police reports, building photos, interactive maps, number of units in the building, year built, and much more, with room count and square footage information coming soon. With a wealth of co-op information now available at their fingertips, brokers and agents could also use PropertySh