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. Continue reading

Zillow, Realtor.com team up on syndicated rental listings

The ongoing portal war has now sparked a new alliance that’ll see Zillow’s rental listings show up on Realtor.com’s site. Continue reading

CoStar to spend a billion dollars on marketing in fight for portal crown

The company plans to advertise during the Super Bowl and other major cultural events in what it describes as the “biggest marketing campaign in real estate history.” Continue reading

CoStar takes portal war to YouTube, promises new platform

In three star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a “revolutionized” shopping experience ahead of Super Bowl Sunday. Continue reading

CoStar posts 50th-straight quarter of revenue growth in Q3 earnings

CoStar Group earned $625 million in Q3, clinching its 50th consecutive quarter of revenue gains. The company also highlighted a 1,290 percent annual growth in Homes.com traffic. Continue reading

CoStar posts profitable Q2 as real estate portals tally record traffic

The commercial and would-be residential giant saw revenue jump 13 percent year over year in the second quarter while profit climbed 20 percent, according to a 2Q earnings call Tuesday afternoon. Continue reading

Zillow, Apartments.com join Biden’s war on rental housing fees

Zillow, Apartments.com and AffordableHousing.com agreed to join the fight in a continuation of a war on rental fees the Biden administration announced in March. Continue reading

Here’s how CoStar can beat Zillow and win the real estate portal wars

CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. Continue reading

The portal wars: Can any challenger seize the throne from Zillow?

Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run. Continue reading

Despite slow market, CoStar sees revenue and profit rise in Q4

The company’s revenue jumped 13 percent year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar’s push into residential real estate. Continue reading