CoStar Group dismisses year-old lawsuit against Homesnap founder
The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform's 'limited nature' is no longer a threat
by Jim Dalrymple II Sep 4
Andy Florance at ICLV 2024
Andy Florance suggested rival portals are more interested in selling leads than houses and called a lawsuit against his company a 'PR stunt'
by Jim Dalrymple II Jul 30
Matterport appeals stock-lock ruling that awarded ex-CEO $79M
Matterport appeals lower court ruling that awarded $79M to former CEO Bill Brown over rules that prevented him from selling his shares when the company went public
by Taylor Anderson Jul 30
Judge rules in favor of CoStar, grants expedited discovery
California District Judge George Wu granted CoStar's request in Move's theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery
by Marian McPherson Jul 30
Former Realtor.com editor declares innocence in new filing
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar's expedited discovery request
by Marian McPherson Jul 29
CoStar puts former Realtor.com editor on leave amid lawsuit
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit
by Marian McPherson Jul 24
CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
by Marian McPherson Jul 23
Move calls on court to stop CoStar Group's use of 'unauthorized' files
2 weeks after filing a theft of trade secrets lawsuit against CoStar Group, Move wants CoStar to hand over Move-owned files and electronic devices used by a former Realtor.com editor
by Marian McPherson Jul 19
Richard Simonelli returns to CoStar as company strengthens C-suite
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after 6 years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer
by Marian McPherson Jul 12
Realtor.com CEO: CoStar made 'deceptive and misleading' claims
Damian Eales told Inman his company is focused on providing high quality leads and has plans to further leverage the network of its parent company, News Corp
by Jim Dalrymple II Jul 11
Andy Florance calls Realtor.com lawsuit 'PR stunt,' talks future
Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow
by Taylor Anderson Jul 10
CoStar censured for claims made about traffic in Homes.com ads
CoStar group has complied with a request by the Better Business Bureau National Programs' National Advertising Division to cease claims in ads that its residential portal has doubled the traffic of Realtor.com
by Marian McPherson Jul 9
Realtor.com parent sues CoStar Group, claiming theft of portal data
‘Competitors should never be allowed to cheat and steal to get ahead,’ Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar
by Taylor Anderson Jul 3
CoStar Group taps Christian Lown of Freddie Mac as new finance chief
Freddie Mac Executive Vice President and Chief Financial Officer Christian Lown will be taking his talents to CoStar Group in July, executives announced. Lown departs Freddie Mac on June 28
by Marian McPherson Jun 20
Artificial intelligence is the all-in-1 tool real estate desperately needs
Opinion
Already touted by Zillow and others, the technology represents an opportunity for the real estate industry to reimagine itself at a time when solutions are desperately needed, writes Brad Inman
by Brad Inman Jun 17