Archive for the ‘Foreclosures’ Category

Hotpads adds foreclosure heat maps

Monday, April 7th, 2008

Someone sent me a link to a story at Techcrunch talking about hotpads adding a foreclosure heat map to their site. I believe hotpads.com was created with a really neat idea of about making it easier, and keeping it real for consider multiple issues with moving. A mashup of data from various places is what they call it when you pull data from various sources and recreate or re-present information. From the comments at Techcrunch it seems that some people had trouble using the foreclosure tab to see it’s listing, not sure if it is a temporary issue or a browser issue or what.

there were also some comments there that made it sound like the data is not very accurate, but I have yet to see further percentages for that. All in all I love the hotpads.com web site and the ideas that spurred it’s creation.

Zillow launches mortgage marketplace - several lenders one web site

Wednesday, April 2nd, 2008

When web 2.0 companies start to release new sites that focus on foreclosures, you know things have gone from bad to worse. Of course it’s not Zillow’s fault that the economy is in shambles. They didn’t make gas prices higher and keep wages low, but they are cashing in on creating technology that focuses the mortgage crisis. Zillow has released a new web 2.0 technology to help you focus on the all the foreclosures in various parts of the country.

I remember when zillow launched, it’s a very cool mashup of technology that gives you an easy to read and zoom map of houses and properties in certain areas and shows the purchase prices and estimated values - a great tool if you were considering buying or selling property. It also made me feel good looking at it and seeing that homes in my neighborhood were going up in value.

Now it’s like watching a bad dream come true, perhaps this will become some kind of offline Trump board game of some sort. Now you can look up your friends, family and enemies addresses to see how bad they are getting screwed on their home prices.

Story from the AP talking about Zillow’s multi-lender mortgage marketplace. A place where many Americans will find that they can get rejected by several places quickly. Just kidding.