RealEstate.com Acquires Assets of New Homes Reality, Inc.

By | December 8, 2008

RealEstate.com has bought certain assets of New Homes Realty, an online real estate company. New Homes Realty’s cache of Web sites, that includes NewHomes.com providing interested home shoppers a database of thorough real estate information for new and existing homes,   will now be run by RealEstate.com. As an Internet-enabled real estate brokerage that operates in 14 markets with more than 1,100 sales agents, RealEstate.com allows consumers a more efficient way to buy or sell homes by utilizing real estate services, tools, and helpful advice. Financial terms of this deal were not revealed.