CoStar to be included in S&P 500, issues $750M public stock offering

As it seeks to gain footing in the residential space, the online real estate behemoth says it plans to raise funds to keep growing as it joins an elite list of some of the nation’s biggest companies. Continue reading

CoStar CEO likens Zillow to ‘mafia,’ suggest it’s ‘hijacking’ listings

Andy Florance weighed in on why his company is building a New York City portal and what he thinks of rival Zillow. Continue reading

CoStar CEO likens Zillow’s StreetEasy to blackmail

Andy Florance on Tuesday positioned his company’s upcoming New York City portal as an alternative to Zillow-owned StreetEasy. Continue reading

Costar revenue jumps 17% with help from new addition Homesnap

The company raked in $458 million during the first quarter of the year. It also said that Homesnap, which is bought in 2020, performed well. Continue reading

CoStar to acquire listing site Homes.com

The $156 million purchase should help the company continue its push into the world of residential real estate. Continue reading

Redfin finalizes $608M RentPath acquisition earlier than expected

Redfin has acquired RentPath nearly two months after CoStar Group paid RentPath a $52 million break-fee for a failed acquisition in 2020. Continue reading