CoStar Group posts 55th-straight quarter of revenue growth in Q4
Virginia-based portal CoStar Group grew its revenue 11% in Q4, to $709M, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110M average monthly unique visitors
by Marian McPherson Feb 18
Redfin to shed 450 staffers after $100M rental deal with Zillow
On the same day Redfin inked a new $100M partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate approximately 450 positions
by Taylor Anderson Feb 12
Zillow eyes rental dominance as segment revenue grows 25% in Q4
Zillow's Q4 revenues rose 17% annually to $544M while its rental segment generated $116M, according to an earnings release Tuesday that included news of a rental partnership with Redfin
by Marian McPherson Feb 11
Robert Reffkin nods to Gary Keller in latest Clear Cooperation critique
Opinion
Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR's commission settlement in his latest argument in favor of consumer choice and against CCP
by Robert Reffkin Feb 7
Realtor.com moves headquarters from Santa Clara to Austin, Texas
Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add ‘hundreds more’
by Marian McPherson Feb 6
Realtor.com parent Move posts first revenue bump in 10 quarters
Realtor.com parent company Move’s revenues grew 2% YOY to $130M in Q2. However, market headwinds are still suppressing lead volume and traffic growth
by Marian McPherson Feb 5
Canopy MLS members offered Rental Beast solutions
It is the MLS’s hope that Rental Beast’s presence in the Canopy ecosystem will provide a host of efficiencies, namely a more consumer-friendly and modern application experience
by Craig C. Rowe Feb 3
Leaders foresee opportunity in wake of antitrust commission suits
Leaders at last week's Inman Connect New York were more upbeat than a year ago, and suggested that for all of last year's tumult, the best agents might just thrive in real estate's new normal
by Jim Dalrymple II Jan 28
RentSpree's 'homegrown listings' now on Realtor.com
This ups the total of industry websites using RentSpree listing data to 9 and the potential consumer reach to 30M
by Craig C. Rowe Jan 27
Economists no longer expect big drop in mortgage rates this year
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae
by Matt Carter Jan 24
Zillow, not CoStar, is Realtor.com's biggest competitor, Eales insists
As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY
by Marian McPherson Jan 23
Filters and links 'are dead' in Andy Florance's portal dream
In his latest Inman Interview, CoStar Group CEO Andy Florance talked about AI transforming residential portals from digital classifieds to highly-personalized home shopping platforms
by Marian McPherson Jan 23
How to take advantage of 'the new normal' post-NAR settlement
At Inman Connect New York, Kendall Bonner, Russ Cofano and Christine Jacobson urged agents to change how they communicate their value
by Andrea V. Brambila Jan 22
Brokers are beginning to see bright side of post-settlement landscape
Industry changes stemming from the National Association of Realtors' antitrust settlement have made listing appointments easier, among other perks, real estate leaders told Inman
by Jim Dalrymple II Jan 21
What's next under President-elect Trump's 2nd term? The economy
Inflation and sticky mortgage rates undercut the housing market in 2024. President Trump has vowed to force both metrics down — but conflicting economic policies may make that goal difficult
by Marian McPherson Jan 21