CoStar considering purchase of Realtor.com parent: Report
Acquiring Realtor.com would significantly advance CoStar's push into residential real estate — and bring it into greater conflict with the industry's existing power players
by Jim Dalrymple II Jan 25
Slowdown in apartment rent expected to continue, CoStar says
Rent dropped for a fourth straight month in November, with all but 6 of the nation's top 40 markets reporting flat or declining month-over-month rent
by Taylor Anderson Dec 5
CoStar cuts 100 jobs amid Homes.com restructuring
The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector
by Jim Dalrymple II Dec 1
Proptech’s leader has been crashing on our couch this whole time
Opinion
Stop talking about proptech without even a whiff of the defining company in the category entering the chat. The largest proptech company is rarely mentioned
by Drew Meyers Nov 29
Real estate companies are about to tell us just how bad the downturn is
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
by Jim Dalrymple II Nov 2
CoStar sees revenue, profit jump in Q3 despite slowing housing market
In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer
by Jim Dalrymple II Oct 25
Two men exchanging business cards
Calling it a 'kickback scheme,' HomeOpenly owner Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don't actually buy and sell property
Real estate agents weigh in on Zillow's ShowingTime+ debut
Monday's launch of ShowingTime+, a new brand intended to unify Zillow's technology offerings, has only highlighted the industry's polarizing thoughts about the company's agent strategy
by Marian McPherson Sep 29
CoStar's Homesnap and Broker Public Portal get a divorce
BPP will pivot to creating a national 'superset' of listing data for MLSs to power their own listing sites and developing a 'Fast Pass' for real estate innovation
by Andrea V. Brambila Sep 26
CoStar to be included in S&P 500, issues $750M public stock offering
As it seeks to gain footing in the residential space, the online real estate behemoth says it plans to raise funds to keep growing as it joins an elite list of some of the nation’s biggest companies.
by Taylor Anderson Sep 15
After 2 years of hikes, rental market may be bound for 'complete reversal'
Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests
by Taylor Anderson Sep 13
Redfin CEO: Market correction is 'sharper', 'faster' than expected
Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to 'race to the top' or 'race to the bottom'
by Jim Dalrymple II Aug 3
The run-up of single-family rental prices paused in May: report
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
by Taylor Anderson Jul 19
Q2: Multifamily rent slows in latest sign of rental market cooldown
Current CoStar report finds 'a continued downward trend in rent growth,' as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth
by Taylor Anderson Jul 11
Matterport continues its expansion by acquiring VHT Studios
Company says purchase will help it ‘expand further into the real estate industry,’ as it specializes in providing brokers and agents with high-quality photography and other marketing services
by Taylor Anderson Jul 8