Archive for 2007

November 2007 Foreclosure Report Issued by PropertyShark.com

Wednesday, December 5th, 2007

New York City, December 5th, 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:

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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

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

Thursday, November 15th, 2007

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.

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.

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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 records, 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

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PropertyShark.com Releases 3rd Quarter Foreclosures Report

Wednesday, October 3rd, 2007

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:

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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,  property tax, title search, 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

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

Tuesday, July 17th, 2007

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 3,793 first-time trustee sales in Los Angeles, 643 foreclosure auctions in New York City, 1,282 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:

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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 tax, sophisticated maps, for sale 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

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PropertyShark.com Surpasses a Quarter Million Registered Real Estate Professionals

Thursday, June 7th, 2007

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.

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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 tax, sophisticated maps, apartments for sale, 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

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PropertyShark.com Adds ‘For Lease’ Listings

Tuesday, May 22nd, 2007

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.

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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, homes for sale, foreclosures and pre-foreclosures, retail spaces, 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

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PropertyShark.com Launches 9 New SF Bay Area Counties

Wednesday, April 25th, 2007

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 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 tax, sophisticated maps, title search, 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

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Foreclosure Auctions Increase Substantially in Los Angeles, Miami, and New York City in the First Quarter of 2007; Seattle Stabalizes

Wednesday, April 11th, 2007

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, retail spaces, homes for sale, 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

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Foreclosure Auctions Increase Substantially in Miami, Los Angeles, and Seattle in the Fourth Quarter of 2006; New York City Foreclosures Decrease

Thursday, February 22nd, 2007

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 tax, sophisticated maps, apartments for sale, 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

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PropertyShark.com Announces Nationwide Maps to Find Wealthy Singles

Tuesday, January 9th, 2007

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, apartments for sale, 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

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