Industry News

Trulia beefs up listings with foreclosures

Partners with RealtyTrac for basic property information

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Real estate search site Trulia.com is adding foreclosure properties to its index of more than 2 million homes for sale. The San Francisco-based company has partnered with RealtyTrac to add more than 400,000 foreclosure properties to its index. Foreclosures have become a hot topic as the number of properties going through the process has ballooned in recent months due to a slowing real estate market and resetting interest rates that are putting some borrowers in distress. Consumers visiting Trulia will be able to search foreclosure properties at the state, city and neighborhood level, and compare property prices against average listing price, average sales price where available, and average price per square foot for properties in a specific region. Trulia will provide basic foreclosure information for free, but consumers looking to access RealtyTrac's national database that includes full information for each foreclosure property will need to register with RealtyTrac for a monthly s...