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Online retailer Overstock.com Inc. revealed Tuesday that it has launched a real estate search application on its web site. Overstock said the site will provide shoppers with access to more than 3 million classified, foreclosure and auction listings. Among the features on the real estate site is an "O-Hot Value Indicator," a tool that helps customers find the best deals by ranking each home's value relative to others in its neighborhood. As a bonus, Overstock noted, the site will automatically highlight auction, distressed and foreclosed properties. Overstock.com is headquartered in Salt Lake City and traded on the Nasdaq market.
posted on Wednesday, June 11, 2008

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