Industry NewsTechnology

Half a million U.S. property listings go abroad

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Network Communications, a top publisher of real estate advertisements, says it will feed nearly half a million for-sale property listings to, an international real estate portal. Properazzi claims close to 1 million international property seekers from 50 countries access its portal each month. The portal displays about 4 million property listings in 58 countries. The move signals a new interest from the U.S. real estate industry in marketing properties abroad. Markets like New York City and parts of Florida have seen an increase in foreign real estate buyers in recent years. Nearly a half million for-sale property listings from the top NCI real estate brands -- The Real Estate Book, New Home Finder, New Homes Journal, New Homes & Ideas and Unique Homes -- will be uploaded to daily. Inquiries from home shoppers on Properazzi will be directed back to the NCI advertiser, the company said. "Partnering with will give us t...