Growth in residential, rental and mortgage segments lift Zillow in Q1
Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday
by Marian McPherson May 1
In the wake of Matterport's sale, digital twin options are plentiful
The sale of the most popular digital twin creator should pump some much-needed adrenaline into the space, and the options are many
by Craig C. Rowe Apr 26
Growing real estate portal Movoto inks exclusive GreatSchools deal
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves
by Jim Dalrymple II Apr 25
CoStar Group tallies Q1 revenue growth on success of Homes.com
CoStar Group's revenue grew 12% year over year to $656M in Q1, according to earnings released Tuesday. CEO Andy Florance credited the change to Homes.com's traffic, subscription growth
by Marian McPherson Apr 23
With Matterport buy, CoStar makes it a ground game
Opinion
Homes.com's $2B investment in 3D tech indicates the ground assault has started, as it looks to absorb terabytes of property meta-data upstream into its products and marketing campaigns
by Craig C. Rowe Apr 23
CoStar to acquire 3D scanning company Matterport for $1.6B
Matterport's board of directors unanimously approved the deal, to be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting an equity value of $2.1B
by Taylor Anderson Apr 22
With Land id, you know it all: Tech Review Update
New features make it faster and easier to understand how unimproved real estate impacts the market
by Craig C. Rowe Apr 22
The biggest wins, losses and news from Q4 2023 earnings
Real estate’s Q4 earnings calls have finally wrapped. From RE/MAX’s CEO exit to Airbnb’s $10B year, we’ve rounded up the top stories all in one place. Here’s what you might have missed
by Jessi Healey Feb 29
Matterport pulled in $158M last year, up 16% despite $65.8M loss
The company said it expects to grow total revenue 19% to 22% this year as it continues its expansion as an industry leader
by Taylor Anderson Feb 20
Latest Matterport release looks to 'automate the future'
Known as Matterport Property Intelligence, the release contains features for labeling and dimensions, floor plans and fully detailed physical listing insights
by Craig C. Rowe Feb 15
Zillow's Immerse app promises 'jaw dropping' 3D home tours
Zillow Immerse is the latest in a series of software releases from the home search leader as it moves toward an agent services model, collectively referred to as its 'super app'
by Craig C. Rowe Feb 2
Redfin rolls out AI-enhanced digital self-staging tool for homebuyers
In partnership with Roomvo, the brokerage and search portal's new Redfin Redesign tool grants homebuyers the ability to alter room finishes while alerting agents to a buyer's growing interest
by Craig C. Rowe Dec 8
Vacasa gives Matterport multiyear marketing deal
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
by Craig C. Rowe Nov 30
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
Q2 2023 earnings roundup: A shift away from growth at all costs
Real estate companies and related industries faced down the down market by cutting costs to offset declines in revenue
by Christy Murdock Aug 17