Tag Archives: costar

CoStar’s Homesnap and Broker Public Portal get a divorce

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BPP will pivot to creating a national “superset” of listing data for MLSs to power their own listing sites and developing a “Fast Pass” for real estate innovation. Continue reading →

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

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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 →

After 2 years of hikes, rental market may be bound for ‘complete reversal’

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Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests. Continue reading →

Redfin CEO: Market correction is ‘sharper’, ‘faster’ than expected

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Redfin CEO Glenn Kelman also said the flow of institutions into real estate has made housing more like the stock market, and that brokerages have to either “race to the top” or “race to the bottom.” Continue reading →

The run-up of single-family rental prices paused in May: report

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The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn’t accelerated over the month before. Continue reading →

Q2: Multifamily rent slows in latest sign of rental market cooldown

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Current CoStar report finds ‘a continued downward trend in rent growth,’ as vacancy rates tick upward and rent price growth cools. The Sun Belt and South continue to see the fastest growth. Continue reading →

CoStar debuts Citysnap search portal as Zillow rivalry continues

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The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow. Continue reading →

Take a look at what CoStar calls the empowering ‘Listing of the Future’

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New feature set to provide more information about each individual property, including 3D tours, photos and the view out the window. ‘Getting on a prospect’s short list is very important.’ Continue reading →

Is Microsoft gearing up to compete with Zillow for rental market share?

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Company is hiring staffers in China for a “revolutionary” real estate venture focused on improving the search for long-term rentals. Continue reading →