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Newest Second Home Hot Spots in Bulgaria, Costa Rica, India, Mexico, Panama, Nicaragua and Romania Now Featured on ResortScape.Com and LandWatch.Com

July 23, 2008

INMAN REAL ESTATE CONNECT — SecondSpace, Inc., the global online marketplace for second homes and recreational retreats, today announced that it has expanded the selection of vacation home and land listings on its flagship Web sites, ResortScape.com and LandWatch.com. Vacation home buyers, investors and retirees from around the world can now search more than 200,000 new lifestyle property listings in burgeoning second home “hot spots” in Mexico, Central America, the Caribbean, Europe and India.

According to the National Association of REALTORS(R), foreign buying has increased significantly within the last five years. Several trends continue to drive cross-border real estate purchases by vacation home seekers and investors, including affordability, interest in new hot spots and retirement. Recent statistics from the AARP show that more than 10 percent of U.S. Hispanic Baby Boomers want to retire in their native country.

At the Inman Real Estate Connect Conference in San Francisco, SecondSpace also announced related news, including:

 --  An alliance with Metroscubicos, a Time Warner company, integrating     over 22,000 lifestyle properties across Mexico into ResortScape.com and     LandWatch.com (see related release dated July 23, 2008) --  An alliance with 99acres.com, the leading online real estate site in     India, integrating over 60,000 lifestyle properties across India into     ResortScape.com and LandWatch.com (see related release dated July 23, 2008) --  An alliance with ResortandResidence, integrating 20,000 vacation homes     and development homesites across Central America and the Caribbean into     ResortScape.com and LandWatch.com      

“The global market for second homes and land continues to grow considerably as Baby Boomers and investors seek out the best deals and hottest new spots for that perfect place in the sun,” said Anil H.P. Pereira, founder and CEO of SecondSpace. “Adding a deep selection of lifestyle property listings to our network from a range of new strategic partners significantly expands our global coverage of second homes in some of the most desirable new destinations in the world.”

About SecondSpace

SecondSpace, Inc. (http://www.SecondSpace.com) is an online services company operating a network of highly immersive Web sites that enable people to make the most of the “second home” lifestyle. The company’s sites include ResortScape.com (http://www.ResortScape.com), LandWatch.com (http://www.LandWatch.com), and a fast-growing network of international and co-branded sites that connect out-of-region buyers with knowledgeable professionals who have a local presence in thousands of rural and resort communities across the Americas and around the world. SecondSpace’s sites are powered by the company’s innovative, patent-pending Lifestyle Search & Discovery(TM) platform. The company is headquartered in Bellevue, WA, USA and led by a team of internet veterans with backgrounds from Amazon.com, American Express, Classmates.com, IMDb, Microsoft, VeriSign, Trendwest and other leading companies.

 For all media related inquiries, please contact:  Minou Nguyen (206) 779-4559 Email Contact  or   Steve Stratz (206) 300-9134 Email Contact  both of Illuminate Public Relations for SecondSpace, Inc.  

SOURCE: SecondSpace




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