Website identifies location of more than 300 natural gas underground storage facilities

by | May 24, 2016 | Article, Market & Trends

Leading housing data provider RealtyTrac, through its pre-diligence website,, has identified the locations of more than 300 natural gas underground storage facilities across the county.

Investors and consumers alike can now use to find out if a home they’re interested in buying or renting is near any one of these facilities. One of these facilities — in Aliso Canyon in Porter Ranch, California — became national news in October 2015 when it began leaking methane gas into the air, causing more than 2,500 families in the Porter Ranch neighborhood of Los Angeles County, California, to evacuate their homes. Many residents reported illnesses believed to be caused by the exposure of the excess levels of methane gas in the air, reportedly up to a 10-mile radius of the Aliso Canyon facility.

“There are more than 300 underground storage facilities across the country, many of which are near populated areas,” said Michael Sawtell, executive vice president and general manager at RealtyTrac. “Of course most will never suffer a leak or will ever have an issue, but our feedback indicated the home-buying public was very interested if a property that they live in or were looking to purchase was located anywhere near such a facility. The HomeDisclosure report will identify all properties within a 10-mile radius of the 300-plus underground storage tanks across the country.” is a new cutting-edge property pre-diligence website recently launched by RealtyTrac that enables the real estate industry and consumers to conduct due diligence on a property early in the process of buying, selling or renting a home. It has generated more than 85,000 reports for 37,000 users across the country since its Jan. 26 beta launch.

“Consumers want as much information as possible before buying or renting a home,” said Sawtell. “Home buyers are no longer satisfied just getting disclosure information at closing of the property. If consumers want to research the history of a $30,000 car, they will all the more want to research the history of a $300,000 home and the neighborhood where it is located — opening a niche for a comprehensive property and neighborhood report like”

In addition to the new underground natural gas storage facilities, the report also provides over 42 categories of home and neighborhood data — including addresses of nearby registered offenders and former meth labs, natural hazard risks, environmental hazard risks, crime ratings, school test scores, median income and much more hyper-local data. View sample report.

RealtyTrac built Home Disclosure from the ground up, using public record real estate data (sales deed, mortgage, tax and foreclosure data), along with neighborhood risk data. The result is a compelling data set, packaged within a convenient mobile-first user interface specifically designed for real estate professionals or consumers who are performing pro-active, pre-diligence on a home — whether they are looking at that home for purchase or rental, or whether they already own or rent the home.

Categories | Article | Market & Trends
Tags | Rentals
  • RealtyTrac

    RealtyTrac is a leading supplier of U.S. real estate data, with nationwide parcel-level records for more than 129 million U.S. parcels that include property characteristics, tax assessor data, sales and mortgage deed records, Automated Valuation Models (AVMs) and 20 million active and historical default, foreclosure auction and bank-owned properties.

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