“Competitors should never be allowed to cheat and steal to get ahead,” Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar. Continue reading
The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading
William Brown, who served as CEO of the company though 2018, is entitled to damages after Matterport prevented him from selling all of his shares when the company went public in 2021. Continue reading
Q1 2024’s real estate earnings are in. CoStar and Rocket Mortgage excelled, while RE/MAX and Opendoor face challenges. We’ve compiled the key highlights in one place. Here’s what you might have missed. Continue reading
The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading
The company’s net loss was 36 percent less than in 2023, according to Matterport’s earnings from the quarter. Revenue rose 5 percent for the quarter. Continue reading
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves. Continue reading
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
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
Matterport’s board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion. Continue reading