Thursday, September 29, 2005

Internet Brands Buys RealEstateABC.com

Internet Brands (formerly CarsDirect) has acquired RealEstateABC.com, a web site focused on providing information to home buyers and sellers. Terms were not disclosed. The web site adds the consumer web site to Internet Brands recent expansion into home finance and real estate. Internet Brands currently runs LoanStore.com, BestRate.com, and LoanApp.com. RealEstateABC.com provides monthly analysis of the real estate market, articles into home buying and selling, various mortgage and real estate calculators, and a director of Realtors. Internet Brands has been aggressively expanding beyond its roots as a automobile purchase and research based firm.

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