First American CoreLogic Announces New Apple iPhone Application for Nation's Largest Home Price and
—RealQuest® Home Value Pro Gives Instant Access to Data on Millions of Properties and Provides Home Prices, Sales and Foreclosure Data on Thousands of Markets in the United States—
August 11, 2009, SANTA ANA, Calif.
First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services today introduced RealQuest® Home Value Pro, a free Apple iPhone application that enables individuals to view comprehensive market data on over 140 million residential properties in the United States from the iPhone®.
RealQuest Home Value Pro provides mobile access to the largest and most trusted database of property data in the United States. 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
- 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 percent of all U.S. ZIP codes in 3,050 counties located in all 50 states and the District of Columbia, representing 99 percent 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 or by visiting www.realquest.com/homevaluepro.
About First American CoreLogic
First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies, is the largest provider in the U.S. of real estate, property, ownership, fraud, mortgage, and mortgage securities data—and the advanced analytics that use them—for the assessment of real estate sales, collateral valuation, home price trends, mortgage originations, mortgage- and asset-based securities pricing, foreclosures, delinquencies, and asset dispositions. Our market-specific data covers 98 percent of all U.S. ZIP codes and 3,059 counties in all 50 states and the District of Columbia, representing 99 percent of the U.S. population, 97 percent of all properties (140 million), more than 50 million active mortgages and 96 percent of loan-level, non-agency mortgage securities. First American CoreLogic’s products and services enable customers to manage credit and mortgage risk, protect against fraud, acquire and retain customers, mitigate loss, decrease mortgage-transaction cycle times, value properties accurately, determine real estate trends, and project future market performance. For more information about First American CoreLogic, please visit www.facorelogic.com.
About First American
The First American Corporation (NYSE: FAF) is a FORTUNE 500® company that traces its history to 1889. With revenues of approximately $6.2 billion in 2008, it is America’s largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people’s lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at www.firstam.com.