Making Market Data Available on Your iPhone
Who said mobile technology is fad? It's certainly here to stay and mortgage technology vendors are finding new ways to advance this technology everyday. For example, First American CoreLogic, a member of The First American Corp. family of companies and a provider of property and ownership information, analytics and services, has introduced RealQuest Home Value Pro, a free Apple iPhone application that enables individuals to view market data on over 140 million residential properties in the United States from the iPhone.
RealQuest Home Value Pro provides a database of property data. Users of RealQuest Home Value Pro can view property values, foreclosure information and housing trends all from the palm of their hands. RealQuest Home Value Pro features include estimated home values for a given subject property and neighboring properties; nearby foreclosure data including pre-foreclosures, auctions and real estate owned (REO) properties; graphs of 12-month median home price trends, foreclosure rates and home sales trend activity; interactive maps to view estimated home values in a neighborhood; and sharing tools that enable real estate agents and homebuyers to save, organize and share properties in real time
"Our release of RealQuest Home Value Pro is in anticipation of increasing consumer demand for anywhere, anytime access to the highest quality property information from mobile devices," said George Livermore, chief executive officer for First American CoreLogic. "This application taps into the same databases and valuation analytics used by real estate and mortgage finance professionals nationally and additionally provides homeowners greater insight into what is often their most important asset," added Livermore. First American CoreLogic data provided through RealQuest Home Value Pro covers 98% of all U.S. ZIP codes in 3,050 counties located in all 50 states and the District of Columbia, representing 99% of the United States population with data on 140 million properties and 50 million active mortgages. First American CoreLogic data is used by all of the U.S. government agencies that require real estate and property data, the National Association of Realtors and more than 600,000 real estate agents, more than 15,000 property appraisers, more than 500 lending institutions and the national Multiple Listing Service (MLS) network. RealQuest Home Value Pro is currently available on the Apple iTunesApp Store.