IRVINE, CA—Homefacts, a subsidiary ofRealtyTrac, has launched a new mobileapp for iPhone that enables homebuyers,homeowners and renters to view detailed property and neighborhoodinformation and statistics on more than 100 million US homes. Thenew app enables navigation of neighborhood data based on userlocation and allows users to find information on any of theseproperties using the address, city and zip search tool.

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As GlobeSt.com reported previously, RealtyTrac acquiredHomefacts, a pioneer in providing neighborhood data and statistics,in April 2012 to grow its market presence and effectively armconsumers with the information they need during the home-buyingprocess. As part of this agreement, Homefacts founder JamesMoyle joined RealtyTrac's executive team as president andCEO.

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Homefacts provides data on more than 30 key local andneighborhood dynamics for residential propertiesnationwide including detailed local school information; locationand details of environmental hazards such as underground storagetanks, spills, EPA polluters, brownfields and superfunds; alongwith former drug labs, sex offenders, natural-hazard risk andbuilding-permit activity in a neighborhood.

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The app incorporates pertinent and detailed neighborhood andhome information including: property characteristics such as thenumber of beds, baths, etc.; neighborhood demographics, includingpopulation, education level and median income; neighborhood housingsnapshot, including median property values and vacant housingunits; in-depth school data detailing school locations, ratings,enrollment and phone numbers; complete registered sex-offenderdetails including street address, distance from current location,physical characteristics and specific offense; crime risk, currentcrime ratings and crime index by offense; level of risk forearthquakes and tornadoes as well as historical documentation ofearthquake and tornado incidents; former drub-lab locations andseizure dates.

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According to Moyle, “This new app will extend to mobile therevolutionary way that Homefacts helps prospective homeowners andinvestors perform due diligence when buying a home. The app enableshomebuyers to view detailed property and neighborhood data fromwherever they are, helping them make more-informed real estatedecisions.” The app's map-search tool allows users to viewinformation by city or neighborhood.

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The Homefacts app was launched on the heels of the firm'sRealtyTrac app, which was released last month. In addition, asGlobeSt.com reported last week, the firm held asweepstakes to give away an Apple iPhone a day forseven days to use the new RealtyTrac mobile app. GlobeSt.com alsospoke with Moyle last month about the trendtoward mobility in the real estate industry.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.