CoStar acquires management platform Visual Lease

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Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading →

CoStar revenue reaches $693M in Q3 as Homes.com traffic grows

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CoStar Group’s revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday. Continue reading →

Maine team jumps to eXp Realty, citing commission suits as a reason

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Steven Brackett and his 36-agent team have moved to the virtual brokerage. Brackett cited tools and training, as well as the commission lawsuits, as reasons that convinced him to make the move. Continue reading →

Rocket Mortgage, Solidifi among defendants in appraisal bias suit

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Prosecutors allege appraisal that erased $220,000 from Denver duplex’s value discriminated against Black owner and thwarted her attempt to refinance at lower rates. Continue reading →

Homebuyers can now find Zillow 3D Home Tours on Realtor.com

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Seven months after partnering on multifamily rental listings, portal behemoths Zillow and Realtor.com have agreed to syndicate 3D Zillow tours, floor plans and photos to for-sale listings. Continue reading →

Bill Murray’s former New York estate hits the market for $3.69M

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Murray and his ex-wife, Corcoran broker Mickey Murray, built the Yellow House in the 1980s after buying the property for $305K. The 5,177-square-foot home sits on the site of a 19th-century barn. Continue reading →

Premier Sotheby’s brings on Long & Foster vet as president

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Jackie Thiel spent the majority of her 30-plus-year career with Long & Foster. With her move, Thiel will oversee day-to-day brokerage operations of 1,400 real estate advisors across 40 offices in Florida and North Carolina. Continue reading →

Median down payment slides $2,400 as affordability improves

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Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com. Continue reading →

The real estate industry is more politically split than you think

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Amid a tumultuous year for the real estate industry, Realtors have donated millions to political causes — and Democrats have managed to collect more than Republicans from the industry’s rank and file. Continue reading →