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HomeSnap Satisfies Home Buying CuriosityApp Downloaded Over 160,000 Times as Housing Market Improves (June 21, 2012)
NEW YORK, NY -- (Marketwire) -- 06/21/12 -- Digital Experience! -- Online real estate broker Sawbuck Realty (www.sawbuck.com) today announced that its HomeSnap app has reached more than 160,000 downloads in just over three months since its debut. The company credits the widespread use of HomeSnap in part to the improving housing market and consumers' growing thirst for real estate information. The app spent much of the time since launch as one of the top lifestyle apps on the iTunes store.
Inspired by the innovative Shazam music app, HomeSnap provides a unique and effortless experience for the merely curious or the serious house hunter. By simply snapping a photo of any of 90M homes across the U.S., users can instantly find out all about it, from price and square footage, to nearby schools and tax details.
"HomeSnap is about discovery," said Sawbuck co-founder and CEO, Guy Wolcott. "Many other real estate apps feature search capabilities for home buyers, while HomeSnap rewards curiosity and real-world exploration for buyers and browsers alike."
Fun facts on the use of HomeSnap:
- Lots of users mean lots of snaps. HomeSnap has seen over 300,000 snaps to date -- users now snap over 5,000 homes a day!
- User interest goes beyond home buying. Only 10% of snaps are homes for sale, meaning the majority of users are curious information-seekers.
- Users are dreaming big. The average value of homes snapped is $458,945.
- Plenty of wow! The most expensive home snapped was a $34.5M, 9BR mansion in Beverly Hills.
- Weekend roamers make up the majority of HomeSnap users. 37% of all snaps happen on weekends, with the most popular hours on Sunday afternoons, from 2 to 6pm.
Headquartered in Washington, DC, Sawbuck Realty (www.sawbuck.com) is an online real estate broker that combines industry-leading websites and apps with an award-winning, consumer-friendly business model. The company connects buyers and sellers with top local real estate agents, and streamlines their transactions. To stay up to date on Sawbuck, follow us on Twitter, @sawbuck, or at facebook.com/SawbuckRealty.
HomeSnap is a unique iPhone app that lets you take a picture of any home to find out all about it. Patent-pending technology, employing most of the iPhone's sensors, uses advanced algorithms to identify each home. Information comes from Sawbuck's unique blend of big data, including tax records, MLS data, school information and attendance zones, Census demographics, neighborhood information, lot boundaries, geolocation data and more. The result of all this technology and data is a bit of magic. Follow on Twitter @HomeSnap or at facebook.com/HomeSnapApp.
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