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
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
CoStar Group taps Christian Lown of Freddie Mac as new finance chief
Freddie Mac Executive Vice President and Chief Financial Officer Christian Lown will be taking his talents to CoStar Group in July, executives announced. Lown departs Freddie Mac on June 28
by Marian McPherson Jun 20
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
Andy Florance talks Homes.com, the fallacy of 'pure buyer agency'
CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com's $1B marketing push, the fallacy of 'pure buyer agency' as portals recalibrate for a commission crunch
by Marian McPherson Jun 17
'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
Homes.com President Dave Mele to part ways with CoStar
After 10 years, Dave Mele has left Homes.com to pursue other opportunities. Mele was instrumental in CoStar Group's acquisition of the company in 2021 for $156M
by Marian McPherson May 24
CoStar Group tallies Q1 revenue growth on success of Homes.com
CoStar Group's revenue grew 12% year over year to $656M in Q1, according to earnings released Tuesday. CEO Andy Florance credited the change to Homes.com's traffic, subscription growth
by Marian McPherson Apr 23
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
Goodbye, DC. Hello, Arlington: CoStar Group inks deal for new HQ
CoStar Group is trading its Washington, DC, digs for a new HQ in Arlington, Virginia. The company will move to the new building in 2025, creating 150 jobs in the process
by Marian McPherson Feb 15
ICNY 2024: Live updates from Inman Connect New York
Inman Connect New York is underway this week in midtown Manhattan. We'll share the hot gossip from the floor. Check back early and often for news, views, announcements, schedules and more
by Inman Jan 23
High-income renters are top prize as ownership hurdles pile up: Poll
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
by Chris LeBarton Dec 13
'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
Andy Florance: Zillow isn't ready for post-commission portal revolution
In the opening remarks of CoStar Group's Q3 earnings call Tuesday, CEO Andy Florance revealed to investment analysts the company's grand plan to make Homes.com the portal of the future
by Marian McPherson Oct 25
CoStar posts 50th-straight quarter of revenue growth in Q3 earnings
CoStar Group earned $625M in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted 1,290% annual growth in Homes.com traffic
by Marian McPherson Oct 24