Archive for 2008

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

Wednesday, April 23rd, 2008

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 tax, sophisticated maps, retail spaces, 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

Tuesday, April 8th, 2008

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 8,877 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 8,877 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 or visiting PropertyShark BlogCenter

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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, residential 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

February 2008 Foreclosure Report Issued by PropertyShark.com

Wednesday, March 5th, 2008

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 for the following areas:

Press may request a copy of the report by contacting Brian Scully at 718.408.4985 or visiting PropertyShark BlogCenter

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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, 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

Tuesday, February 5th, 2008

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 3,857 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 or visiting PropertyShark BlogCenter

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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, commercial 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

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%

Tuesday, January 15th, 2008

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

  • Foreclosure Auctions: PropertyShark.com recorded 6622 first-time trustee sales in Los Angeles, 1,942 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 or visiting PropertyShark BlogCenter

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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, commercial 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