IRVINE, CA-Online marketplace for foreclosure propertiesRealtyTrac has acquired online data aggregatorHomefacts in the company’s latest move to grow itsmarket presence and effectively arm consumers with the informationthey need during the home-buying process. As part of thisagreement, Homefacts founder James Moyle will joinRealtyTrac’s executive team as president and COO.

RealtyTrac enters this agreement “poised to expand upon itsdata-collection capabilities and broaden its data analyticsoffering with innovative new products that will further enhance thecompany’s value proposition,” according to a RealtyTrac statement.Homefacts offers homeowners and prospective real estate buyers anonline due diligence resource for making informed decisionsregarding property-specific characteristics and health,environmental and safety information that are outlined in realestate disclosure documents but are not otherwise easily accessibleto homebuyers.

“We are excited about the new opportunities that addingHomefacts’ incremental data sets allow us to explore, from newproduct offerings and stronger real estate analytics to better datacollection methodologies,” says RealtyTrac’s CEO BrandonMoore. “RealtyTrac’s trusted leadership position in themarketplace combined with the financial backing of our strongownership team to make strategic acquisitions such as this puts usin a position of leadership to empower homebuyers, providing themwith the important information they need in the home-buyingprocess.”