Former Realtor.com editor declares innocence in new filing
The editor at the center of the theft of trade secrets lawsuit between portal rivals Move and CoStar Group filed a 36-page statement in support of CoStar's expedited discovery request
by Marian McPherson Jul 29
Bulletproof Ohio home goes under contract after multiple offers
The home was first listed for $399,900 over 2 weeks ago. Listing agent Jon Modene refers to it as having 'the strangest and greatest potential I have ever seen'
by Richelle Hammiel Jul 29
Palm Beach, a suburb? Not likely, residents say
Residents were taken aback when GoBanking.com recently categorized the luxury haven as a 'suburb.' Local agents agree that Palm Beach is 'a category by itself'
by Lillian Dickerson Jul 24
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
Housing inventory is roaring back to life. So why aren't new listings?
Inventory is rising again, according to an analysis of housing data. But agents are still scrounging. Hundreds of brokers and agents shared what's working in the latest polling from Inman Intel
by Jim Dalrymple II Jul 24
CoStar Group revenue rises in Q2 as Homes.com bookings hit $55M
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
by Marian McPherson Jul 23
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
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
Housing inventory is climbing back. So why are leads still lagging?
Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey
by Jim Dalrymple II Jul 15
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
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
Former Google CEO Eric Schmidt sells Silicon Valley home at $22.5M
Schmidt and his wife, Wendy Schmidt, bought the home in 1990 for $2M and expanded the estate over about 20 years, adding neighboring parcels, a guesthouse and a green house
by Lillian Dickerson Jun 20