While others took a wait-and-see approach during October, visitors to RealtyStore.com continued to grow and displayed an intense interest in finding great deals on foreclosures and distressed property
Thousand Oaks, CA (PRWEB) November 23, 2010
RealtyStore.com (http://realtystore.com/), the nation’s premier provider of local residential foreclosure listings, ranked as the most visited foreclosure listings website in the October Hitwise Monthly Usage Report for the Real Estate Category. RealtyStore.com had previously held 20th place in January, 2010, and again approached Top 20 status in July, August and September, 2010. RealtyStore.com’s October visitor volume exceeded One Million unique visitors, which propelled it into 19th place among all Real Estate websites in the U.S.
“It was great to welcome another 1 million unique visitors to the RealtyStore website for October,” said Tim Chin, CEO of RealtyStore. “While other top ranked real estate websites covered traditional listings, valuations and rental properties, RealtyStore remained dedicated to empowering a diverse customer base searching for the most trusted source of information on foreclosed and distressed real estate.”
Although controversy of a foreclosure freeze dominated the headlines for much of October, owner-occupant homebuyers and real estate investors both continued to utilize RealtyStore.com in record numbers. The freeze was caused when it was revealed that large volumes of previously filed foreclosure documents were potentially signed in rapid order, without proper review by processors. This activity was labeled “foreclosure robo-signing”. Banks temporarily stopped foreclosure proceedings in mid-October until internal paperwork process audits were conducted and passed.
“While others took a wait-and-see approach during October, visitors to RealtyStore.com continued to grow and displayed an intense interest in finding great deals on foreclosures and distressed property,” said Mr. Chin. “RealtyStore will continue its unrelenting focus in serving bargain real estate shoppers by providing them the best, industry leading foreclosure listings quantity, quality and variety.”
RealtyStore, a division of Nations Info Corporation, is the leading provider of foreclosure listings and discount property data nationwide. RealtyStore's mission is to empower its customers with the tools, education and analysis required to identify and potentially maximize profits with undervalued real estate. Collected from hundreds of public and private sources, RealtyStore's proprietary database includes over 1 million listings including pre foreclosures, foreclosures, short sales, tax defaults and rent to own or owner financed listings. As the foreclosure listings industry leader, RealtyStore.com is the most visited foreclosure website, averaging over 1.1 million unique visitors per month in Q3, 2010. Realtystore.com is the only specialized foreclosures real estate website to rank in the Hitwise Top 20 Internet Usage Report for the Real Estate Category for October, 2010.
Reference: Hitwise (an Experian company), “Hitwise Monthly Category Report –Real Estate, Based on Internet Usage for the Month of October, 2010” Report ID: 5913.
Peter Ranck, Vice President