CoStar takes portal war to YouTube, promises new platform
In 3 star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a 'revolutionized' shopping experience ahead of Super Bowl Sunday
by Jim Dalrymple II Feb 6
CoStar's Homes.com beats Redfin, Realtor.com to become No. 2 portal
In a sign of the listing portal's growing influence, Homes.com hit more than 100M unique visitors in September, sparking a 1,290% annual increase in traffic. Now the portal is second only to Zillow
CoStar lawsuit accuses Homesnap founder of stealing trade secrets
The commercial real estate giant is seeking to stop Homesnap founder Guy Wolcott from marketing a new data-transfer platform, which CoStar alleges is 'a copycat' of its own tech
by Daniel Houston Oct 2
Here's how CoStar can beat Zillow and win the real estate portal wars
CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel
by Ben Verde Jul 19
CoStar to sunset Homesnap brand this year as it transitions to Homes
The real estate juggernaut is sunsetting the Homesnap brand name and products by the end of the year in favor of transitioning users to its dominant residential real estate brand Homes.com
CoStar Group bucks sluggish market as revenue jumps 13% in Q1
The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023
by Jim Dalrymple II Apr 25
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
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
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
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 eyes 'ambitious' investment in residential following banner Q1
The commercial behemoth is ramping up spending by as much as $220M, with 'well over' 1,000 people overhauling its residential websites, CoStar CEO Andy Florance said during earnings call
by Matt Carter Apr 29
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25
Inman announces first round of exhibitors for ICNY22
Real estate tech and service companies celebrate 25 years of industry-leading events this spring in New York
Zillow-owned StreetEasy is turning into a 'de facto MLS,' agents balk
StreetEasy announced on Monday that it would ban listings — not agents — who don't follow the platform's 24-hour listing policy. Agents are saying the change isn't enough
by Marian McPherson Mar 21
CoStar's residential business makes inroads in Q4 as revenue climbs
The commercial real estate giant earned $75 million from its residential ventures, according to a fourth-quarter earnings call, suggesting its rivalry with established players will continue
by Jim Dalrymple II Feb 22