$17.3M Q4 2024 net loss is a 28% increase from the previous quarter, as homes acquired dipped 9% to 384, and homes sold fell 18% to 503. Profits on each sale were also down 24%
CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7B. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm
A social media frenzy suggested government layoffs are tanking the housing market in the nation's capital. But economists armed with data tell Inman it's mostly business as usual in DC
Virginia-based portal CoStar Group grew its revenue 11% in Q4, to $709M, executives said Tuesday. Traffic to Homes.com Network remained steady, with 110M average monthly unique visitors
On the same day Redfin inked a new $100M partnership to syndicate Zillow rental listings in multifamily buildings, the company said it would eliminate approximately 450 positions
Zillow's Q4 revenues rose 17% annually to $544M while its rental segment generated $116M, according to an earnings release Tuesday that included news of a rental partnership with Redfin
Opinion
Compass CEO Robert Reffkin lays out 10 questions his agents are asking in the wake of NAR's commission settlement in his latest argument in favor of consumer choice and against CCP
Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add ‘hundreds more’
Realtor.com parent company Move’s revenues grew 2% YOY to $130M in Q2. However, market headwinds are still suppressing lead volume and traffic growth
It is the MLS’s hope that Rental Beast’s presence in the Canopy ecosystem will provide a host of efficiencies, namely a more consumer-friendly and modern application experience
Leaders at last week's Inman Connect New York were more upbeat than a year ago, and suggested that for all of last year's tumult, the best agents might just thrive in real estate's new normal
This ups the total of industry websites using RentSpree listing data to 9 and the potential consumer reach to 30M
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae
As the rivalry with CoStar Group simmers, Realtor.com CEO Damian Eales is focused on housing policy and bridging gaps between the industry and consumers, he told a crowd Thursday at ICNY
In his latest Inman Interview, CoStar Group CEO Andy Florance talked about AI transforming residential portals from digital classifieds to highly-personalized home shopping platforms