Tag Archives: costar

CoStar execs talk top new features coming to Apartments.com

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“We can make the leasing agent’s job easier,” an Apartments.com executive said as the company pushes the rental industry to modernize the lease-up experience. Continue reading →

CoStar to sunset Homesnap brand this year as it transitions to Homes

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The real estate juggernaut is sunsetting the Homesnap brand name and products by the end of the year in favor of transitioning users to its dominant residential real estate brand Homes.com. Continue reading →

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

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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 →

5 key charts that illuminate real estate’s Q1 earnings season

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Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren’t panicking. Continue reading →

Realtor.com chief brushes off major Q1 drop in traffic

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David Doctorow attributed Realtor.com’s reduced traffic to a slower market and argued that his company’s sites have superior engagement than competitors. Continue reading →

Realtor.com parent Move saw traffic and revenue fall in Q1

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Between January and March, Realtor.com had an average of 72 million unique monthly users — down 24 percent compared to one year earlier, according to the company’s first-quarter earnings report. Continue reading →

Eyes on inventory as Q1 earnings ramp up following a chilling 2022

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Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he’ll be watching as publicly traded real estate companies post Q1 earnings this week and next. Continue reading →

CoStar Group bucks sluggish market as revenue jumps 13% in Q1

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The company, which in recent years has been making inroads into the residential space, reported that both Homes.com and Apartments.com saw significant growth in the first quarter of 2023. Continue reading →