Realtor.com releases enhanced map-based search feature
The portal released a new map-based search experience on Tuesday, which uses color-coded map layers to help homebuyers find their next home based on preferred features and market trends
by Marian McPherson Sep 24
Court denies Move's preliminary injunction in suit against CoStar
California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of 'imminent, irreparable harm'
by Marian McPherson Sep 23
Move class-action lawsuit shines harsh light on network's paid leads
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move's network of companies told Inman in the wake of the Aug. 23 class-action suit
by Marian McPherson Sep 23
Christine Jacobson, formerly of NextHome, heads to Realtor.com
Christine Jacobson has joined Realtor.com as senior vice president of B2B marketing. In her new role, Jacobson will expand the portal's B2B offerings in a bid to help agents grow their business
by Marian McPherson Sep 17
New Hampshire metro prevails as hottest US market for 29th time
August marked the 8th consecutive month in which Manchester, New Hampshire, was ranked the hottest US market by Realtor.com. The top 20 markets were all in the Northeast and Midwest
by Lillian Dickerson Sep 12
UK portal Rightmove rejects bid from Rupert Murdoch's REA Group
UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32B acquisition bid, saying it 'fundamentally undervalues' the company's prospects
by Marian McPherson Sep 11
CoStar touts forensic evidence in new filing against Move
On Wednesday CoStar asked the court to deny Move's amended preliminary injunction due to forensic data allegedly proving Move-owned files were never shared with the company
by Marian McPherson Sep 5
Rupert Murdoch's REA Group eyes UK's biggest real estate portal
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal
by Taylor Anderson Sep 3
Ex-Move staffer accessed dozens of disputed files at CoStar: Experts
James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents 2 days before he left the job, according to legal filings
by Taylor Anderson Aug 28
Realtors file suit against Move, NAR over 'fake leads' scheme
The 8 Realtors are seeking class action status in their lawsuit against Realtor.com for allegedly selling unvetted and fraudulent buyer and seller leads
by Marian McPherson Aug 26
On Realtor.com's hottest ZIP codes list, the Midwest reigns supreme
Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com's 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list, too
by Marian McPherson Aug 20
Realtor.com revenue drops 2% as traffic, lead volume remain flat
Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2% yearly to $143M as traffic to the site stalls at 74M average monthly unique visitors
by Marian McPherson Aug 8
Realtor.com CEO: Take Homes.com claims with a grain of salt
In his 2nd Inman Connect appearance of the year, Damian Eales addressed intensifying rivalry with Homes.com and what his company is doing to lead the charge on preserving buyer agency
by Marian McPherson Aug 1
Judge rules in favor of CoStar, grants expedited discovery
California District Judge George Wu granted CoStar's request in Move's theft of trade secrets lawsuit against the portal. Both parties have until Aug. 5 to agree on the terms of the discovery
by Marian McPherson Jul 30
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
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
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
Andy Florance calls Realtor.com lawsuit 'PR stunt,' talks future
Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow
by Taylor Anderson Jul 10
CoStar censured for claims made about traffic in Homes.com ads
CoStar group has complied with a request by the Better Business Bureau National Programs' National Advertising Division to cease claims in ads that its residential portal has doubled the traffic of Realtor.com
by Marian McPherson Jul 9
Realtor.com parent sues CoStar Group, claiming theft of portal data
‘Competitors should never be allowed to cheat and steal to get ahead,’ Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar
by Taylor Anderson Jul 3
An ABR instructor's guide to buyer agreements and commissions
Not sure what to say to buyers and sellers about the way compensation works today? Bernice Ross offers insights from Accredited Buyer Representative instructor Rhonda Hamilton
by Bernice Ross Jun 25
Realtor.com releases next chapter of buyer agency campaign
Two months after launching its buyers agency ads, Realtor.com has unveiled the next chapter — focused on buyers' agents as key to bolstering homeownership in underrepresented communities
by Marian McPherson Jun 18
Artificial intelligence is the all-in-1 tool real estate desperately needs
Opinion
Already touted by Zillow and others, the technology represents an opportunity for the real estate industry to reimagine itself at a time when solutions are desperately needed, writes Brad Inman
by Brad Inman Jun 17
Offerpad takes cash offer program to Realtor.com
Offerpad is the latest company to join Realtor.com's Seller's Marketplace. Both companies said the partnership reflects their dedication to furthering consumer choice
by Marian McPherson Jun 11
Microsoft removes portal data from Bing Real Estate after outcry
4 days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site
by Marian McPherson Jun 7
Median price per square foot is up 52.7% since 2019: Realtor.com
Home values have boomed over the past 5 years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot
by Marian McPherson Jun 4
Microsoft's mysterious real estate portal sparks data safety concerns
Industry watchers are sounding the alarm about Microsoft's Bing Real Estate, a site that for months has been reposting listings from Zillow, Realtor.com and Redfin without explanation
by Marian McPherson Jun 4
Want a life of luxury? The 10 cities where it's a relative bargain
Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely
by Lillian Dickerson May 31
'It's an arms race': How portals are adapting to the commission crunch
The upending of NAR's cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they're adopting to suit the moment
by Marian McPherson May 28
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9
Realtor.com revenue drops 6% as traffic growth remains flat
Realtor.com parent company Move Inc. saw its fiscal Q3 revenue decrease 6% yearly to $132M as traffic to the site stalls at 72M average monthly unique visitors
by Marian McPherson May 8
Realtor.com CEO delivers full-throated speech in support of NAR
Realtor.com CEO Damian Eales took to the podium on Monday at the MLS Forum of the Realtors Legislative Meetings to refute rival CoStar's earlier claims about Homes.com's growing traffic
Buyers need an income that starts with a 3 to live in this pricey city
Buyers need to earn an income of more than $150K to afford homes in 14 out of the 50 biggest metro areas as of April, according to Realtor.com. In San Jose, buyers must earn at least $361K
March rents grew dramatically in Chicago and these 4 other cities
18 of the 50 largest US metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly
by Lillian Dickerson Apr 30
Realtor.com campaign makes pitch for buyer representation
The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals
by Jim Dalrymple II Apr 18
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
Realtor.com announces the 'Best Day to Sell' for 2024
Stronger buyer demand, higher listing prices and faster list-to-sale timelines have made the week of April 14 'the best time to sell,' according to Realtor.com
by Marian McPherson Mar 21
How commission chaos divided the real estate industry into 4 factions
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward
by Taylor Anderson Mar 20
Take the Inman Intel Index survey for March
Opinion
The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to the industry's most ambitious monthly survey today
by Chris LeBarton Mar 20
Homes.com gets analyst boost amid 567% annual traffic spike
CoStar Group's residential portal is having a stellar week as a February traffic boost and NAR's proposed commission settlement encouraged analysts to upgrade their outlook on the company
by Marian McPherson Mar 19
2024 Spring Outlook: Another tight market, this time with extra anxiety
As the first day of spring arrives, 3 economists shared with Inman why headwinds will continue to plague the housing market in 2024, long after a recovery was expected to revive US home sales
by Marian McPherson Mar 19
Realtor.com the latest portal to include climate risk data
The climate’s harder-than-ever-to-predict behavior is having a measurable impact on the housing market. Realtor.com will assist buyers in determining how environmental factors impact value
by Craig C. Rowe Mar 13
Live like a star at Josh Brolin's $35K per month Atlanta mansion
Fresh off of hosting 'Saturday Night Live,' the 'Dune: Part 2' star has listed his Atlanta home for rent. Brolin purchased the property with his wife, Kathryn, in 2020
by Lillian Dickerson Mar 12
Zillow, Realtor.com team up on syndicated rental listings
The ongoing portal war has now sparked a new alliance that'll see Zillow's rental listings show up on Realtor.com's site
by Jim Dalrymple II Mar 6
Using paid leads? Here's the FCC change you need to know now
Whether your lead gen leans into cold calls, direct mail, door knocking or portals, Bernice Ross talks to REDX's Curtis Fenn to find out what changes are afoot
by Bernice Ross Mar 1
US housing market is short 7.2M single-family homes: Realtor.com
Over the past decade, Americans have formed 17.2M new households, while builders have added 10M new single-family homes. It could take years for builders to close the gap
by Marian McPherson Feb 28
WATCH: Andy Florance takes aim at 'Ziltorfin' business tactics
CoStar Group founder and CEO Andy Florance called Zillow, Realtor.com and Redfin pushback against Homes.com traffic numbers 'bait and switch' business tactics
by Christy Murdock Feb 20
Move Inc. sees 13% revenue decline as Realtor.com traffic improves
The Realtor.com parent company saw revenue decline 13% to $127M in the fiscal 2nd quarter. Mobile and website annual traffic growth remained flat, improving from Q1's 12% loss
by Marian McPherson Feb 12
A softer rental market isn't enough to help hopeful homebuyers
Realtor.com's survey of more than 4K landlords and renters found that, although landlords are easing rental increases, it's not enough to help renters improve their financial outlooks
by Marian McPherson Feb 8
Homes.com earns top 100 finish on global SEO ranking list
German search engine optimization (SEO) platform SISTRIX ranked portal Homes.com No. 43 on a list of fastest-growing domains in the US
by Marian McPherson Feb 2
Rate drop leads to 3rd consecutive month of listing gains
Active and new listings experienced single-digit increases for the 3rd consecutive month in January, according to Realtor.com's latest market report
by Marian McPherson Feb 2
'Ziltorfin,' Silver Tsunami, lawsuits: Inman's 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 Jan 26
Want to halt the portal war? Standardize MLSs
At ICNY, proptech leaders Eileen Romito, Derek Hooper and Catharine MacIntosh explained how MLS rules led to the rule of real estate portals, and what can be done to take the power back
by Marian McPherson Jan 25
Realtor.com CEO 'loves' heated competition with Homes.com
Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers
by Marian McPherson Jan 25
Blame 'Ziltorfin': CoStar CEO says competitors souring industry rep
During his latest ICNY appearance, CoStar Group CEO Andy Florance chastised Zillow, Redfin and Realtor.com for prioritizing their bottom line to the detriment of buyers and listing agents
by Marian McPherson Jan 23
Broker Public Portal appoints former RE/MAX exec as CEO
Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com
by Jim Dalrymple II Jan 11
Realtors fear damage to NAR brand beyond repair following Kasper exit
Members already reeling from a series of accusations and leadership changes told Inman Tracy Kasper's resignation as president after less than 5 months doesn't bode well for NAR's reputation
by Taylor Anderson Jan 10
49% of agents sold either 1 home or none at all in the past year: CFA
Agent 'glut' means part-timers are now the majority, leading to 'widespread incompetence and pressure to maintain high commission rates,' according to the Consumer Federation of America
Azibo, Fello, Cloze among Inman's best-reviewed proptech of 2023
Opinion
AI fueled the biggest trends in proptech this year, but so did efforts to put the consumer first, tech critic Craig Rowe writes. Check out the dozens of products that received his highest praise in 2023
by Craig C. Rowe Dec 28
'Grow, grow, grow': Realtor.com's plan to come out swinging in 2024
Realtor.com is ramping up its competition with rival portals heading into the new year as it rolls out enhanced listing-focused products for agents, CMO Mickey Neuberger told Intel exclusively
by Daniel Houston Dec 13
Bhad Bhabie lists Boca Raton mansion for $7.9M
The meme-able rapper bought the renovated 7-bedroom, 7-bath home with 2-story guesthouse just last year in a $6.1M all cash deal
by Ben Verde Dec 11
NAR enrollment fell in 2023. Here's where membership rose — and why
NAR membership declined by 1.4% in the 12-month period that ended in October, with state-level enrollment hewing closely to local housing metrics, according to a state-by-state analysis by Intel
by Daniel Houston Dec 6
Buckle up for the 2024 portal war
Expect the portal wars to go into overdrive in 2024, with CoStar Group leading an ambitious effort to unseat Zillow as the country's top real estate portal, technology advisor Mike DelPrete writes
by Mike DelPrete Dec 6
See inside Blondie singer Debbie Harry's 18th-century rental home
The 78-year-old Harry bought the 2-bed, 3-bath Connecticut home for $785K in 2016 — a discount from what it sold for at its peak
by Taylor Anderson Nov 30
Homebuyers demand school data. Portals are grappling with the risks
Home-listing portals all rely on the same source for school ratings, which are treated as essential by many homebuyers. If used improperly, critics fear the data could lead to Fair Housing violations
by Marian McPherson Nov 22
Realtor.com suffers double-digit drop in quarterly revenue, traffic
Realtor.com parent company Move Inc.'s revenue declined 16% to $142M in the fiscal first quarter. Despite the loss, CEO Robert Thomson remained bullish about the portal's long-term prospects
by Marian McPherson Nov 9
Realtor.com chief: Buying without an agent was 'terrifying'
Damian Eales lauded the American system of having agents representing buyers and sellers, but said that change is likely coming thanks to lawsuits and the DOJ
by Jim Dalrymple II Nov 2