Realty Store Partners With Housing Predictor

July 24, 2007 (PRLEAP.COM) Business News
Realty Store, the online provider of foreclosure listings has partnered with Housing Predictor to provide real estate market forecasts for its growing platform of foreclosure news and information. Realty Store provides foreclosure listings in all 50 U.S. states and Washington D.C.

The foreclosure inventory has hit near record levels as a result of the sub-prime loan crisis and is expected to increase in the next few years. Realty Store is the fastest growing foreclosure site on the Internet and provides its subscribers with foreclosure information and listings, including addresses and additional details on homes, condos and other properties.

Housing Predictor forecasts more than 250 local housing markets in all 50 U.S. states and real estate news, listings and through its new arrangement with Realty Store foreclosure listings.

The partnership is a natural progression for both companies. “Adding Housing Predictor’s independent market forecasts to Realty Store helps our subscribers find the best buying opportunities in real estate,” said Tim Chin, President and CEO of Realty Store. “We are excited about partnering with Housing Predictor due to the natural synergies and shared objectives between our companies.”

Foreclosures are at near record levels in Indiana, Michigan, Ohio, Alabama, Georgia, and California. Many other states inventories of foreclosures are growing and should result in the best buyers real estate market the nation has seen in years.

Housing Predictor is regularly consulted by mortgage companies, banks, Wall Street financial investment houses and consumers for its forecasts, which have been more than 85% accurate since the web site’s inception.

Federal Reserve Chairman Ben Bernanke confirmed the Housing Predictor forecast that more than 2 million homes would be foreclosed through 2009, and estimated losses to the financial markets and property owners at between $50 and $100-billion. The foreclosure crisis has opened a new market for real estate investors, many of whom are able to purchase properties substantially below value.

Realty Store is the fastest growing, most trusted and secure provider of foreclosure listings in the nation. The online provider is a recognized leader in the crowded real estate industry on the web, where more than 80% of all home purchasers go first before any where else to search for real estate.

To search for foreclosures and check your markets forecast visit http://www.HousingPredictor.com