59 PERCENT OF HOMEOWNERS WITH A MORTGAGE WOULD NOT CONSIDER WALKING AWAY FROM THEIR HOME NO MATTER HOW MUCH THEIR HOME IS “UNDERWATER” ACCORDING TO A NEW SURVEY FROM TRULIA AND REALTYTRAC

SAN FRANCISCO, CA – May 20, 2010 – (RealEstateRama) — Trulia.com, smart real estate search to help you make better decisions, and RealtyTrac, the leading online marketplace for foreclosure properties, today released the latest results of an ongoing survey tracking home buyers’ attitudes towards foreclosures. The new online survey conducted on their behalf from May 10-12, 2010 by Harris Interactive® showed a notable decrease in consumers’ willingness to buy foreclosed properties compared to one year ago. Currently, 45 percent of U.S. adults age 18 and above are at least somewhat likely to consider purchasing a foreclosed home in the future, compared to the 55 percent of U.S. adults age 18 and above surveyed online by Harris Interactive® between May 1-5, 2009.