Trader Publishing Co. recently acquired Homes.com for an undisclosed price. Market analysts see this move as a strategic purchase to augment Trader Publishing’s holdings in 680 publications and web sites. No significant changes to Home.com’s operations are expected now that it is a subsidiary of Trader Publishing.

ot;We are extremely pleased to add such a powerful and intuitive URL as www.homes.com into our family of other great URLs," eter Ill, vice president of Trader Publishing. "com is a leader in lead generation Web site technology as well as a recognized brand name to both real estate professionals and online consumers searching for a home. Their business model is strong, profitable and efficient, and they have a remarkable group of dedicated employees."

Homes.com has been one of the few survivors of the dot-com boom. Though they had raised $40 million in venture capital during the initial craze, they filed for bankruptcy in 2001. This merger is seen as a way to boost the stability of the company.

If you want write the news for our site please e-mail inf@everythingre.com

To discuss this article Click Here to go to our Online Forum