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Buying Foreclosed Homes
Fox Business 7/28/2008
Curing the Housing Crisis
Fox Business 7/25/2008
Recent HotPads News
Our homes, sweet homes, rock steadyPittsburgh Post Gazette 10/12/2008
"Saying this amid the crisis might be whistling past the graveyard, but the latest organization to provide evidence for Western Pennsylvanian stability is HotPads.com...HotPads says the percentage of homes in foreclosure in Nevada is above 4.1 percent, in California and Arizona around 2.4 percent, and in Florida 1.5 percent. Pennsylvania is 28th on the list at 0.12 percent -- and every congressional district in Western Pennsylvania is below that."
Inside Washington: Close to HomeNational Journal 10/04/2008
"The financial collapse isn't theoretical to Rep. Mary Bono Mack, R-Calif. Her district, which includes tony Palm Springs, suffers from a 4.1 percent mortgage foreclosure rate-the highest in the country...The numbers come from HotPads.com, a real estate search engine that matched foreclosures to all 435 congressional districts."
Real estate info flows freely on the WebUSA Today, Money Section, 3B 8/29/2008
"This (HotPads.com) is where to begin if you're starting from a premise as broad as "rent or buy." IN addition to a search that shows sale and rental properties together by monthly payment, it has a "rent ratio heat map." This shows the areas that are better to buy in, vs. those where it's more practical to rent, according to the price-to-rent ratios (an affordability calculation arrived at by dividing the price to buy a house by the annual cost of renting a similar house.)"
Bright Spot in a Bad EconomyThe New York Times, Section D2 8/14/2008
"IN these tough times, with gas prices setting records and airfares skyrocketing, many people are lucky to have jobs, let alone time to take a vacation. And yet there's some good news for second-home owners hoping to rent out an investment property: vacationers are turning to these rentals more than ever."
The usefulness of rent ratiosTime 8/11/2008
"They (HotPads) recently added a feature that shows buy-rent ratios, that old trick of the real-estate trade. Take the cost of a house and divide by the amount you'd pay to rent a comparable space for a year. If the number is high, then houses are pricey-you're better off renting for the time being."
America's Most Overpriced Zip Codes
Forbes 7/29/2008"In a report for Forbes.com, Hotpads.com produced a price-to-earnings spread for each ZIP code in the nation's 40 largest cities by comparing rental costs with buying costs for similar properties, based on number of bedrooms, location and price per square foot."
Buying Foreclosed HomesFox Business 7/28/2008
"Chris Choate and Douglas Pope discuss buying foreclosed homes." See the video on the right!
Curing the Housing CrisisFox Business 7/25/2008
"Jonathan Miller, Miller Samuel president and ceo, Douglas Pope, HotPads.com co-fouder, and Mark Sunshine, First Capital president and coo, discuss what the fix is for the housing crisis." See the video on the right!
Rent? Buy? Map it out for Portland areaThe Oregonian 7/24/2008
"In these uncertain times, people weighing rent vs. buy may find help with heat maps on HotPads.com."
Rent/buy ratio for 46 metro areasOC Register, 6/24/2008
"'Rent ratios going down mean houses are becoming more affordable to buy,'says Arnold Slesers, the Economy.com economist who crunched the numbers... For another way of looking at rent/buy ratios, go to www.hotpads.com, which charts values based on a rent ratio "heat" map."
Home BaseOrlando Sentinel, 6/22/2008
"To buy or not buy: That is the question. Check out HotPads.com for help on finding the answer. This free map-based real estate search engine lists homes for sale, apartments, condos and rental houses. Resources on the site include: foreclosure search and heat maps; a buy-versus-rent calculator; renters and buyers guides; an insurance center with information on all types of insurance; and a help and frequently asked-questions link to help you navigate the site."
Not Sure Whether To Rent Or Buy? Check the Heat Map.TechCrunch, 6/10/2008
"I can't resist a good heat map, especially on real estate sites. HotPads, which brought us the foreclose heat map, now offers a handy rent ratio heat map. "
The Latest in Real Estate VoyeurismFortune Magazine, 6/9/2008
"The real estate site Hotpads.com offers maps that show, block by block, every property available for purchase or rental. The best feature (or most terrifying, depending): heat maps that glows red where foreclosures are rampant. Hello, Miami!"
The Week in Real EstateWashingtonian, 5/30/2008
"PC Magazine published a round-up of eight top real-estate Web sites. The sites, including DC-based HotPads.com, offer interactive maps, powerful search tools, community statistics, and more."
The Best Real Estate Web SitesPC Magazine, 5/23/2008
"These eight Web sites offer all the tools you need to buy or sell a home, like interactive maps, community stats, and powerful search tools."
Another Foreclosure Map Hits the WebWall Street Journal, 04/11/2008
"What do the Federal Reserve and real-estate Web site HotPads have in common? Both have ginned up online maps in recent weeks to track the mortgage maps. The Fed's map, released last week, illustrates subprime loan conditions across the U.S. Hotpads.com offers similar heat maps, and uses them to showcase listings of foreclosed homes."
Cool Sites: Selling a house?The Kim Komando Show, 04/10/2008
"It's no secret that the housing market is in a slump. That's bad news if you're trying to sell. It may take a few months to sell your house for your price. But there is help online."
Some kink in the linkMSNBC's Clicked, 04/10/2008
"HotPads foreclosure heat map shows per capita foreclosures across the US. Zoomable by town or even neighborhoods. I see confirmation of what I've heard from folks I know in Florida who say the situation is grim down there."
Locational divergence, in living colourEconomist.com Blog, 04/09/2008
"High levels of foreclosure are associated with falling prices, so these maps provide a good idea where housing prices have come down the most. The contrasts are instructive. Not only are there considerable differences across metropolitan areas but also within them."
Hotpads Foreclosure Heat MapThe Big Picture, 04/09/2008
"Real estate website Hotpads has several of these way interesting interactive maps. You cans elect whatever region/city of your choosing."
Bay Area hit hard by mortgage foreclosuresValleyWag, 4/08/2008
"While the whole country has been hit hard by the subprime mortgage crisis, with sky-high housing costs the Valley and surrounding area have also felt the pain. How bad is it?"
Foreclosures: Hot or Not?Inman News Blog, 04/08/2008
HotPads plans to allow comparisons of current foreclosure heat maps with past heat maps to allow users to gauge the foreclosure trends in a particular market area, according to a company announcement.
Can't get enough of foreclosure maps?Baltimore Sun,04/08/2008
The Baltimore Sun spotlights HotPads.com's foreclosure heat maps, focusing on Maryland.
Foreclosures Shown On Scary, Encroaching Heat MapsTechCrunch, 04/07/2008
"If you want to see in stark colors exactly how the mortgage credit crisis is spreading across the country, go to real estate search site HotPads and look at the foreclosure heat maps in your area."
New websites rev the home-search engineLos Angeles Times, 03/02/2008
"HotPads offers an easy-to-use map-based search that provides listings for both rentals and properties for sale. There's also a buy-versus-rent feature that helps you decide which option makes the most financial sense. Ease of use? Not bad, but it's a bit graphic-busy."
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