Zillow’s SkyTour uses complex 3D tech to simplify home search
Gaussian splatting is an obscure AI-based visual data capture technology introduced for commercial use in 2023. It's now behind Zillow's latest update to its Showcase Listing lineup
by Craig C. Rowe Nov 25
CoStar CEO Andy Florance says in earnings call Zillow is 'under siege'
CoStar Group released its Q3 earnings on Tuesday. Florance used the opportunity to deliver harsh criticism of rival Zillow, and outlined his competitive plan
by Marian McPherson Oct 28
CoStar Group posts rising revenue as Homes.com grows in Q1
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
by Marian McPherson Apr 29
CoStar closes $1.6B Matterport acquisition ahead of schedule
Virginia-based CoStar Group has completed its purchase of spatial mapping company Matterport. The companies expected to finish the deal by the end of March, putting them ahead of schedule
by Marian McPherson Feb 28
Matterport teams with FBS in first partnership since CoStar purchase
The deal will allow Matterport tours to accompany listing pages, with the dimensions and square footage of each property autofilled in a bid to reduce the risk of faulty data entry, executives say
by Craig C. Rowe Jul 2
Matterport calculates square feet, labels rooms with latest AI update
The feature is in beta mode and, upon formal rollout, will allow agents instant access to room dimensions and total square footage by room and floor, according to an announcement Tuesday
by Craig C. Rowe Sep 26
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