Internet Real Estate Data Increasing in Availability

Thursday, April 5, 2007 13:32
Posted in category General Real Estate

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More and more real estate information is hitting the Internet making it a lot easier to access information that just a few years ago was held in proprietary databases, accessible only to Realtors subscribing to a Multiple Listing Service or you had to sort through reams of paper at the county courthouse. Heck, it wasn’t too many years ago when I remember searching through microfiche at a local Title company (and that was just to get a plat map)!

All of the following sites are failry recent and are not yet in all the states. Send your sites to me if you have some.

www.trulia.com This is a San Francisco-based site now spreading across the country. Among numerous features, it calculates whether given homes are under priced or overpriced. This site has some really neat maps, but an incomplete list of properties for sale.

www.propertyshark.com Has information on every commercial and residential property in King County. Viewers can enter an address and get the owner’s name, the last sale price, property tax information, permits and even foreclosure data. Information from other areas also is available. Basic services is free and upgraded services start at $19.95 per month. This site is going to give www.realtytrac.com a run for their money.

www.streeteasy.com New York City site that lists number of units for sale in various buildings and dates of open houses, and hosts live discussions where people can share information about buildings and landlords.

www.luxuryrealtygroup.com An example of the many location-specific sites springing up. It has photos and information on every condominium building in Las Vegas, including location, amenities, size of units and recent sales by price in each building.

www.zillow.com This is one of the first valuation sites developed for calculating current value of all homes, whether for sale or not. It also tracks appreciation patterns and offers comparable prices. I have found this site to have a lot of valuation errors (typically low) so be wary of using their numbers.

www.ZIPrealty.com National discount real-estate company’s site allows viewers to identify homes in the Seattle area and elsewhere that have reduced their prices (and that’s about it).

www.redfin.com is still ramping up and is mostly targeted to San Francisco, the D.C. are and Seattle. Growing slow geographically and it seems to have turned into another “buy my house” “sell your house sites.

Mark Schwartz, The Internet Real Estate Center

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Mark Schwartz

Real Estate Technology Blog
The Internet Real Estate Center
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