CoStar unlikely to dethrone Zillow in portal wars: DelPrete

Attempting to directly compete with market-leading real estate portals is an incredibly difficult proposition — with success unlikely. The smart challengers understand this game and how it’s played, not trying to overtake the leaders, but instead build… 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

RE/MAX exec on shifting market: ‘Have a savings account’

Chief Customer Officer Nick Bailey also warned agents that there are no “get rich quick schemes” in real estate at the company’s R4 event. Continue reading

CoStar agrees to buy imperiled rental search firm RentPath for $588M

After failing to restructure $650 million in debt, RentPath has placed itself on the auction block with commercial real estate data behemoth CoStar Group as the front runner. Continue reading

Proptech funding shows no signs of slowing down

The U.S. real estate technology sector nabbed $1.9 billion in growth equity capital in 2019, according to a new study from GCA Advisors. Continue reading

Rents are rising, but the US lacks sufficient middle income housing

Recent years have been a boon for landlords and a recession doesn’t appear imminent, though the multifamily housing market does face some challenges. Continue reading

The essential guide to investment properties

It’s a huge industry, and one that represents an opportunity for agents. But it’s also a field with quirks, culture, sub-categories and methodologies. Continue reading