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As part of plans to expand its data offerings to consumers through key partners, ""CoreLogic"":http://www.corelogic.com/, a Santa Ana, California-[IMAGE]
based provider of information, analytics, and business services, announced Tuesday that it will provide foreclosure data and property information to the ""Yahoo! Real Estate"":http://realestate.yahoo.com/ foreclosure service.
""Partnering with Yahoo! brings our targeted, property-level real estate data to consumers on a widespread basis,"" said George Livermore, group executive for data and analytics at CoreLogic, which became an independent publicly traded company just last week. ""As a new company, our announcement with Yahoo! is indicative of the kind of strategic partnerships we'll look to forge to bring our data to more consumers.""
Through this new alliance, users of the Yahoo! Real Estate Web site will be able to take advantage of the data resources of the CoreLogic RealQuest platform, which uses data covering 97 percent of U.S. residential properties (145 million) in 3141 counties to ensure that listings are comprehensive and timely. This, CoreLogic said, will enhance Yahoo! Real Estate's foreclosure offerings by
[COLUMN_BREAK]providing access to listings of properties at various stages of foreclosure or REO.
In addition, CoreLogic said the deal will introduce a new feature called CoreScore, which will allow consumers to evaluate the value of a specific property. The company explained that CoreScore reports will provide Yahoo! users with a qualitative ""grade"" on a foreclosure property based on multiple factors that affect the home's value such as crime rates, school systems, and surrounding real estate activity.
The announcement of this new partnership came just days after CoreLogic revealed that it has reached a new milestone in geographic property data coverage. The company said its property level dataset now covers 3,100 tax roll counting, representing 99.8 percent of the U.S. population and 98.7 percent of all counties. With this expansion of county coverage, CoreLogic said its data now exceeds its closest competitor by 1,000 counties.
According to CoreLogic, this public record county assessor data includes comprehensive property-level characteristics, land dimensions, legal descriptions, ownership, and tax and value information. This base information is then linked to a variety of transactional current and historical data, such as deeds, mortgages, pre-foreclosure and other involuntary liens as well as demographic, scholastic, and trend information, the company said.
""For our customers, data coverage, currency, and depth are vital to their day-to-day operations,"" Livermore said. ""This milestone enables our clients to access nationwide county-assessor-specific real estate data and leverage the growing suite of analytics built upon this information to grow and retain their business.""
