Growth in residential, rental and mortgage segments lift Zillow in Q1

Zillow tallied growing revenue while stabilizing losses in the first quarter of the year as the reigning search portal narrowed in on its post-commission settlement strategy on Wednesday. Continue reading

Zillow to offer short-term ‘non-exclusive’ touring contracts

The new touring agreements will last seven days and are a response to terms contained in recent commission lawsuit settlements. Continue reading

Ryan Reynolds creates Zillow ad inspired by hit show ‘Bluey’

Hit children’s TV show “Bluey” is the inspiration for Zillow’s latest ad, which debuted Friday morning on NBC’s Today show. The 30-second spot features a family in the final stages of moving while the narrator references a landmark episode of “Bluey,” … Continue reading

Growing real estate portal Movoto inks exclusive GreatSchools deal

The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves. Continue reading

CoStar Group tallies Q1 revenue growth on success of Homes.com

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net … Continue reading

With Matterport buy, CoStar makes it a ground game

Digital twin creation company Matterport has sold to CoStar, parent of home search experience Homes.com and Zillow’s chief rival. The deal stands to greatly increase the amount of industry data available to the company for use in its appeal to both rea… Continue reading

Proptech investment is way down — but these 4 areas still see demand

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech. Continue reading

Realtor.com campaign makes pitch for buyer representation

The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals. Continue reading

2 buyers scramble to make a deal as the spring market sprints ahead

One Connecticut homebuyer is preparing for marriage. Another in Virginia is healing from a divorce. Both tell Inman the struggle to find a home this spring is real — and the clock is ticking. Continue reading

Zillow launches ‘Home Just Got Real’ ad campaign

Just in time for spring homebuying, portal powerhouse Zillow has released a new ad campaign aimed at celebrating the persistence of millennial and Gen-Z homebuyers amid market headwinds. The ad series, “Home Just Got Real,” includes two 30-second and o… Continue reading