CoStar puts former Realtor.com editor on leave amid lawsuit
CoStar Group has put former Realtor.com News and Insights editor James Kaminsky on leave in response to Move's objections to sharing confidential information amid its trade secrets lawsuit
by Marian McPherson Jul 24
Housing inventory is roaring back to life. So why aren't new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel
by Jim Dalrymple II Jul 24
CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
CoStar Group's revenue grew 12% YOY to $678M, according to Q2 earnings Tuesday. Traffic for the Homes.com Network of sites increased 73% YOY to 148M monthly average unique visitors
by Marian McPherson Jul 23
Economists predict big slowdown in home price appreciation
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets
by Matt Carter Jul 23
Existing-home sales decline, median sales price hits record high
In June, existing-home sales continued to decline across all 4 US regions, while the median existing-home price reached a record high for the 2nd consecutive month, according to NAR
by Richelle Hammiel Jul 23
Cost of insurance, property tax top triggers of mortgage delinquencies
These hidden costs of homeownership were given a 37% risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com
by Lillian Dickerson Jul 23
Move calls on court to stop CoStar Group's use of 'unauthorized' files
2 weeks after filing a theft of trade secrets lawsuit against CoStar Group, Move wants CoStar to hand over Move-owned files and electronic devices used by a former Realtor.com editor
by Marian McPherson Jul 19
Despite declines, rents are still $305 higher than pre-2020 trends
Despite 11 months of declines, Realtor.com said the typical renter is paying $305 more monthly for an apartment compared to 2019. The greatest rent increases are in Florida and the Midwest
by Marian McPherson Jul 18
Housing market bubble ready to 'pop' in the South, analyst warns
Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the 'most normalized' markets
by Marian McPherson Jul 17
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
What Microsoft's Bing portal controversy says about MLS value
Opinion
Real estate data is incredibly important to a variety of industries, and there's a cost to produce it, Sam DeBord writes. Those who do so should be properly compensated
by Sam DeBord Jul 16
Housing inventory is climbing back. So why are leads still lagging?
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey
by Jim Dalrymple II Jul 15
Richard Simonelli returns to CoStar as company strengthens C-suite
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after 6 years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer
by Marian McPherson Jul 12
NAR and DOJ, CoStar and Realtor.com and more: Inman Top 5
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
by Dani Vanderboegh Jul 12
Realtor.com CEO: CoStar made 'deceptive and misleading' claims
Damian Eales told Inman his company is focused on providing high quality leads and has plans to further leverage the network of its parent company, News Corp
by Jim Dalrymple II Jul 11