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
Jul 23
Rising home prices and mortgage rates, and sticker shock from surprise housing costs, pushed buyers to cancel 56K home-purchase agreements in June, according to Redfin
Jul 23
After 4 years at eXp Realty, Michael Valdes is moving to LPT Realty. After surpassing 10,000 agents in the US, the Florida-based brokerage is ready to expand internationally, executives told Inman
Jul 22
The FCC announced on Tuesday a plan to help consumers identify and block AI-generated robocalls. The plan, if passed, could impact a key real estate agent lead gen method
Jul 19
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
Jul 19
Industry veteran and DOORA co-founder Troy Palmquist has been promoted from eXp's director of growth to the VP growth and product marketing. Palmquist joined eXp in 2023
Jul 19
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
Jul 18
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
Jul 17
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
Jul 17
President Biden proposed the idea of a 5% rent cap for corporate landlords with at least 50 units on Tuesday. However, industry leaders say caps rarely result in lower housing costs for renters
Jul 16
9 months after signing an enterprise deal with Anywhere Brands, RealScout has expanded its reach to Sotheby's International Realty company-owned offices
Jul 16
Fast-growing rents and disappearing rental assistance programs have given way to a concerning rise in eviction filings compared to pre-pandemic norms, 'The Wall Street Journal' revealed
Jul 15
In a July 11 court filing, famed luxury broker Tal Alexander denied claims against him in a lawsuit asserting that he and his brothers, Oren and Alon, raped an NYC woman in 2012
Jul 15
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
Jul 12
Amid slowing homebuyer demand, the US median sales price rose to an all-time high of $397,482 at the beginning of July. However, Redfin says a slowdown may be on the way
Jul 11
Leaving Engel & Völkers, Melendez joins forces with Veronica Figueroa's leading eXp expansion team, The Fig Team, where she'll lead the team’s move into Florida's Space and Treasure Coasts
Jul 11
Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday
Jul 9
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
Jul 9
Regulators and prosecutors are cracking down on landlords who've falsified income and expense data on crucial loan documents, according to a new feature published by 'The Wall Street Journal'
Jul 8
After being sentenced by Vatican State Court for embezzlement and fraud, London-based banker Raffaele Mincione is fighting back, asserting the Vatican mishandled and mis-documented funds
Jul 5