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
The analyst who predicted a 30% fall in commissions has more to say
Veteran KBW analyst Ryan Tomasello will be talking about the 'watershed moment' that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas
by Matt Carter Jul 22
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
NAR and DOJ, CoStar and Realtor.com and more: Inman Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Jul 12
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
DOJ, NAR, counting down: Inman's Top 5 stories of the week
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Jun 21
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
Andy Florance talks Homes.com, the fallacy of 'pure buyer agency'
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com's $1B marketing push, the fallacy of 'pure buyer agency' as portals recalibrate for a commission crunch
by Marian McPherson Jun 17
'It's an arms race': How portals are adapting to the commission crunch
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment
by Marian McPherson May 28
Homes.com President Dave Mele to part ways with CoStar
After 10 years, Dave Mele has left Homes.com to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156M
by Marian McPherson May 24
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
Realtor.com revenue drops 6% as traffic growth remains flat
Realtor.com parent company Move Inc. saw its fiscal Q3 revenue decrease 6% yearly to $132M as traffic to the site stalls at 72M average monthly unique visitors
by Marian McPherson May 8
Redfin rides momentum to Q1 revenue bump, beats expectations
Seattle-based Redfin's revenue increased 5% year over year to $225.5M — beating projections of $218.1M. Still, the company is struggling to control net losses, which grew nearly 10% from 2023
by Marian McPherson May 7