Virginia-based portal CoStar Group grew its revenue 11 percent in Q4, to $709 million, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110 million average monthly unique visitors.
Zillow's Q4 revenues rose 17 percent annually to $544 million while its rental segment generated $116 million, according to an earnings release Tuesday that included news of a rental partnership with Redfin.
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."
Realtor.com parent company Move’s revenues grew 2 percent year over year to $130 million in Q2. However, market headwinds are still suppressing lead volume and traffic growth.
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.
In his latest Inman Interview, CoStar Group CEO Andy Florance talked about AI transforming residential portals from digital classifieds to immersive, highly-personalized home shopping platforms.
In his first Inman Connect appearance since becoming Zillow's CEO, Jeremy Wacksman talked about the Super App, artificial intelligence and why maintaining Clear Cooperation is what's best for agents and consumers.
Stories about the commission lawsuits settlement, industry practice changes and alleged bad behavior by luxury brokers emerged as winners by a landslide. Cast your vote now for the Final Four top stories of the year.
Will it involve the DOJ, the three-way agreement, the National Association of Realtors, alleged bad behavior or something else? You decide Inman's top story of the year.
Move's counsel filed a Notice of Removal on Tuesday to move the class action suit against it from state to federal court. The lawsuit claims Move knowingly sold unvetted and fraudulent leads to agents through its network.
Ahead of his second Inman Connect New York appearance this January, Eales dished on Clear Cooperation, housing affordability and the bright side of Realtor.com's ongoing feud with CoStar.
The portal wars in the UK are heating up, as CoStar-owned portal OnTheMarket (OTM) fights accusations of using "misleading" traffic data to dethrone competitor Zoopla as the second-most trafficked home search site in England, Scotland, Wales and Northern Ireland.