SHELTON, Conn. – (Feb. 6, 2008) –
Visitors to www.raveis.com
are now seeing the big picture thanks to the latest enhancements to the site’s Local Housing Data
section including a detailed summary of county and statewide statistics.Now, not only can consumers get a comprehensive report of their town’s real estate market conditions, they can also compare town data to that of their county and state. Clear and easy-to-interpret graphs represent average market time, median sale price, overall sales and more. County and statewide data are compiled from various statewide multiple listing services.“This most recent addition to our Local Housing Data service adds a new dimension to the information visitors can access at raveis.com,” said William Raveis, chairman and CEO of William Raveis Real Estate, Mortgage & Insurance
. “There’s been concern over buyer reluctance mostly because of the negative national press, but our local housing data helps the average consumer see that, contrary to what they’ve been hearing, our local markets have been holding up from a pricing standpoint.”Growing in popularity since it’s launch last November, Local Housing Data at raveis.com has attracted the attention of consumers, industry professionals and media personnel alike. In January alone, Local Housing Data generated nearly 10,000 reports for visitors to the site. Providing accurate, comprehensive and free real estate statistics compiled from various statewide multiple listing services, the feature is an unbiased, quantitative window into current local housing market conditions. It is designed to assist both buyers and sellers in making informed real estate decisions. And, unlike most sources of information of its kind, Local Housing Data is updated on a monthly basis and is continuously adding new features and enhancements.The William Raveis Family of Companies attributes its success to a consistent emphasis on integrity, service and experience. Offering one-stop shopping for its clients, William Raveis provides mortgage, insurance and closing/title services, all with the additional ability to earn points, services and cash back via the company’s own Visa®/Bank of America credit card, a part of the William Raveis Rewards program. The firm’s website, raveis.com, offers homebuyers property comparisons, price per square foot calculations, online appointment scheduling, online home value capabilities, interactive neighborhood mapping of all active and sold listings, relocation information and the ability to conveniently search more than 100,000 properties listed through various multiple listing services. With the recent launch of a new interactive widget and RSS technology, the site is now capable of delivering the latest customized listing and mortgage rate notifications directly to customers’ computer desktops and favorite RSS readers. Annually, raveis.com attracts more than 5 million visitors worldwide.William Raveis Real Estate, Mortgage & Insurance is New England’s largest privately held, family-owned real estate firm. With a 2007 estimated sales volume of $5.5 billion, the innovative company is nationally recognized as an industry leader and is dedicated to providing an unparalleled real estate experience to its customers. Since 1974, the firm’s 1,900 highly trained sales professionals have been dedicated to strengthening their position as industry leaders in technology, marketing and REALTOR® education. The company has 59 offices, including two affiliates, in Connecticut, Massachusetts and Rhode Island. Future plans entail expansion into New York, Vermont, New Hampshire and Maine.