Foreclosure information and software provider ForeclosureRadar has changed its name to PropertyRadar and expanded its business model to provide analytics across all types of California properties, not just foreclosures.
“Distressed properties are still a major portion of the market and will be with us for many years to come,” said PropertyRadar founder and CEO Sean O’Toole in a statement.
So PropertyRadar will include all of the capabilities of ForeclosureRadar, O’Toole said, while providing new tools designed to help investors and real estate professionals uncover details about properties and evaluate neighborhood conditions.
Screen shot of PropertyRadar in “explore” mode.
“With PropertyRadar, real estate professionals will no longer have to scrape together scattered information, nor rely on antiquated tools and formulas to make knowledgeable choices,” O’Toole said. “As the real estate market is incredibly complex and ever changing, success is predicated on access to quality information in a timely fashion. PropertyRadar will help professionals stay one step ahead of the competition.”
PropertyRadar is a Web-based subscription service, with prices starting at $49.95 per month with no long-term contract.
Launched in 2007, PropertyRadar is privately held and based in Truckee, Calif. For now, PropertyRadar tools are available only in California. ForeclosureRadar clients in Nevada, Oregon, Washington and Arizona will continue to have access to the service.