Traffic data is the weapon of choice as portal wars heat up ahead of Q3
Ahead of Q3 earnings, Inman took a dive into the top 5 real estate portals' traffic data. Zillow still leads the pack, but stiff competition has emerged from old — and new — industry entrants
by Marian McPherson Oct 24
Andy Florance: Bombshell lawsuits will upend Zillow's business model
CoStar CEO Andy Florance dished with Intel about the commission lawsuits, Zillow and NAR as Homes.com nabbed 100M unique visitors for the first time ever in September
CoStar's Homes.com beats Redfin, Realtor.com to become No. 2 portal
In a sign of the listing portal's growing influence, Homes.com hit more than 100M unique visitors in September, sparking a 1,290% annual increase in traffic. Now the portal is second only to Zillow
Despite Q2 decline, Realtor.com says it's ready to take on CoStar
Realtor.com parent company Move's quarter and yearly revenues have slipped, with the company bringing in $602M for the full year. But despite struggles, News Corp's CEO is confident in the brand
by Marian McPherson Aug 10
Economic anxiety accelerated Q1 multifamily rent growth slump
Inflation and recession fears pushed renters away from higher-priced, amenity-rich developments as rent growth at the highest tiers slowed to 1.5% annually, according to a new CoStar analysis
by Marian McPherson Apr 11
CoStar to be included in S&P 500, issues $750M public stock offering
As it seeks to gain footing in the residential space, the online real estate behemoth says it plans to raise funds to keep growing as it joins an elite list of some of the nation’s biggest companies.
by Taylor Anderson Sep 15
CoStar, Adena Hefets take top Inman Innovator awards at ICLV
Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at Connect Las Vegas on Friday
News Quiz: Do you know the biggest stories for the week of Feb. 20?
CoStar Group, RE/MAX and Offerpad posted earnings reports this week, but news trickled down from all corners of the real estate industry. Test your knowledge of the biggest stories of the week
by Inman Feb 25
'It’s about time': Agents cheer as Zillow braces for portal war in NYC
Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022
by Lillian Dickerson Oct 14
Redfin-owned RentPath names ParkMobile chief exec as new CEO
Jon Ziglar, formerly the CEO of ParkMobile, will lead the newly acquired RentPath's growth strategy, product expansion and listing integration into the Redfin platform
by Marian McPherson Jul 29
CoStar Group rallies in Q2 as Apartments.com tallies traffic high
Despite acquisition woes, CoStar Group saw its Homesnap and Apartments.com brands help boost the company's revenue 21% from Q2 2020
by Marian McPherson Jul 28
Just announced for Las Vegas: Redfin, Realogy, CoStar, and more!
Be inspired by the best in real estate, visionaries and change-leaders
by Inman Jul 2
3 reasons to join your peers in person this October
Hands-on networking, collaboration, and expert speakers — at the best price
by Inman Jul 1
CoStar to employees: Come back to the office and get a Tesla
After an in-company vaccine rollout, CoStar is luring employees back to the office with prizes, including $10,000 in cash and the chance to win a Tesla
by Marian McPherson May 3
Redfin finalizes $608M RentPath acquisition earlier than expected
Redfin has acquired RentPath nearly 2 months after CoStar Group paid RentPath a $52 million break fee for a failed acquisition in 2020
by Marian McPherson Apr 5