Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin
From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market
Broker George T. Spyridakis alleged the rental listing platform effectively 'masked' listings while charging daily marketing fees. He withdrew the case this week after reaching a settlement
The deal will give Lower greater reach, while also contributing to an 'end-to-end homeownership' platform — increasingly the holy grail of real estate technology
2 months after purchasing a 17% stake in the firm, CoStar Group has reached an acquisition deal of $1.9B. The bid still faces approval from Domain shareholders and Australian officials
CoStar CEO Andy Florance on Thursday said the 'Boost' tool it rolled out on April 29 will now be available for brokers and homeowners who have been thwarted by Zillow's private listing ban
Move Inc. grew revenue for the second-consecutive quarter, despite declines in lead volume and suppressed web and mobile traffic at Realtor.com, earnings data released Thursday shows
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75B all-stock merger with Rocket Companies
Opinion
While we’ve been distracted by policy fights, lawsuits and finger-pointing, Zillow has executed a master plan to become the dominant force for real estate needs, coach Darryl Davis writes
Revenue grew by 12% to $732M, and the Homes.com salesforce expanded to 370 people on the way to a goal of 500 reps, according to quarterly earnings data released Tuesday
With platforms and portals pushing back against its policies, is the National Association of Realtors losing its grip on the industry?
One of Arizona's largest brokerages, West USA Realty has committed to following Zillow Group's listing access standard. It's the 3rd to formally back the portal's ban on privately marketed listings
As of April 20, home-sale prices fell across 11 US metro areas, marking the 1st time this many markets have seen YOY declines since September 2023, according to Redfin data
Opinion
The longer real estate professionals let Zillow define the rules, the harder it becomes to take our industry back, coach Darryl Davis writes
In most markets, the portal has resumed displaying non-MLS listings alongside other properties in spite of NAR's no-commingling rule, the policy behind a lawsuit between Zillow and REX in 2021
Nearly 70% of agents who have purchased portal leads in the past say they no longer buy them, citing 'time and money' needed for maximum ROI, according to the latest Intel Index polling data
