RealtyTrac, a company that provides housing and foreclosure data, announced Tuesday that it has entered the tax, deed and mortgage data licensing business, making it the first new entrant in the business in more than a decade.
RealtyTrac for years has been licensing its foreclosure database of more than 20 million current and historical foreclosure records and local and environmental data available through Homefacts.
Now, it is launching a property-level dataset for tax, deed and mortgage records for U.S. parcels nationwide.
For nearly 20 years RealtyTrac has been a market leader in B2B and B2C applications for comprehensive real estate data, and we are excited to expand our data footprint and continue our mission of bringing more data to more people, said Jamie Moyle, CEO at RealtyTrac. We are expanding the horizons in every direction when it comes to leveraging real estate data for personal, business and policy decision-making.
RealtyTrac hired 28-year industry veteran Brian Mushaney to head up its rapidly growing file licensing division as executive vice president of Data Solutions. Mushaney previously was with Lender Processing Services for 11 years as senior vice president of Sales within the Data Solution group and most recently was a senior executive with X1 Analytics.
Whether customers desire a bulk file license, custom API or a more creative solution, RealtyTrac has the internal knowledge and expertise to quickly enable innovative new products that continue to challenge the status quo of buying, selling and analyzing real estate, Mushaney added.
Added Richard Sawicky, senior director of Database Technology at RealtyTrac, Just as RealtyTrac disrupted the hidden distressed market with its democratization of foreclosure data when I first joined the company nearly a decade ago, we now have the ability to be a positive disruptive force in the entire universe of housing information, in which there have been limited options to acquire and analyze record-level real estate data."
New data available for licensing
The newly licensable dataset includes hundreds of fields of information for each property parcel nationwide, including the following:
· Sales transactions data
oHistory of sales transactions with details such as sales date, price, buyer, seller and foreclosure status at time of sale.
oSales history in most areas goes back to the year 2000.
oAlso includes deeds and conveyances that are non-arms length transactions.
· Detailed mortgage activity data
oCurrent open loans and position of those outstanding loans along with loan details such as originating lender, interest rate and loan type.
oLoan history in most areas goes back to the year 2000.
· Estimated market value (AVM) data
oCurrent and historical by month by property
oAbout 3 billion current and historical parcel-level market value snapshots are available.
· Property characteristics data
oIncludes beds, baths, square footage, lot size, property type, year built and much more.
oTax assessed value and history of property taxes levied.
oOwnership status (i.e. vacant, owner-occupied, non-owner occupied)