RealtyTrac Announces Recently Sold Properties Data for Site

""RealtyTrac"":http://www.realtytrac.com/home/ introduced on Thursday a new feature on its Web site for its subscribers. The site, which is an online marketplace of foreclosure properties will now offer a ""recently sold"" feature on its page, that will allow subscribers to see details about all properties sold in the past three, six, and nine months for an area.

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""The new recently sold feature will help our users determine what buyers have recently paid for properties in any neighborhood nationwide,"" said James J. Saccacio, CEO of the Irvine, CA-based RealtyTrac. ""That knowledge is extremely useful for many different types of users for different reasons.""

Saccacio elaborated, ""It will help homebuyers determine how much to offer; it will help sellers determine how much to ask; it will help homeowners determine how much their property is worth; and it will help investors determine the profit and cash flow potential of a neighborhood.""

RealtyTrac users can search 2.5 million recently sold properties, 1.5 million multiple listing service listings, and can also access more than 2 million properties in some stage of foreclosures. Subscribers can view property details like number of bedrooms and bathrooms, lot size, square footage and year built for recently sold properties whether or not the properties were in foreclosure.

The site also features an interactive map which plots the location of the recently sold properties. View a video of how to use the new site ""here."":http://www.youtube.com/watch?v=6NhtLXrMq5I&feature=player_embedded