Irvine, Calif.-based RealtyTrac has acquired Homefacts, a Salt Lake City-based online data aggregator. As part of this agreement, Homefacts Founder James Moyle will join RealtyTrac's executive team as president and chief operating officer.
According to the companies, Homefacts offers an online due-diligence resource regarding health, environmental and safety information related to residential properties. Terms of the acquisition were not released.
‘We are excited about the new opportunities that adding Homefacts' incremental data sets allow us to explore, from new product offerings and stronger real estate analytics to better data collection methodologies,’ says Brendan Moore, CEO of RealtyTrac.