Tag Archives: costar

Office space fallout raises more questions about regional banks

By Ben Verde | February 9, 2024 - 6:49 pm |February 9, 2024 Uncategorized

Comments Off on Office space fallout raises more questions about regional banks

Regional banks are in the spotlight again as cracks begin to show in their balance sheets due to the ongoing distress in the commercial real estate sector. Continue reading →

CoStar to spend a billion dollars on marketing in fight for portal crown

By Jim Dalrymple II | February 8, 2024 - 6:58 pm |February 8, 2024 Uncategorized

Comments Off on CoStar to spend a billion dollars on marketing in fight for portal crown

The company plans to advertise during the Super Bowl and other major cultural events in what it describes as the “biggest marketing campaign in real estate history.” Continue reading →

CoStar takes portal war to YouTube, promises new platform

By Jim Dalrymple II | February 6, 2024 - 8:28 pm |February 6, 2024 Uncategorized

Comments Off on CoStar takes portal war to YouTube, promises new platform

In three star-studded advertisements for Homes.com that appeared on YouTube over the weekend, the CoStar Group teases a “revolutionized” shopping experience ahead of Super Bowl Sunday. Continue reading →

Compass CEO Robert Reffkin comes out in favor of Homes.com

By Jim Dalrymple II | January 25, 2024 - 4:53 pm |January 25, 2024 Uncategorized

Comments Off on Compass CEO Robert Reffkin comes out in favor of Homes.com

On Thursday, in conversation with Brad Inman at ICNY, Reffkin weighed in on the portal wars, predicted an improved market in 2024 and revealed he takes public transit around New York. Continue reading →

Blame ‘Ziltorfin’: CoStar CEO says competitors souring industry rep

By Marian McPherson | January 23, 2024 - 9:20 pm |January 23, 2024 Uncategorized

Comments Off on Blame ‘Ziltorfin’: CoStar CEO says competitors souring industry rep

During his latest ICNY appearance CoStar Group CEO Andy Florance chastised Zillow, Redfin and Realtor.com for prioritizing their bottom line to the detriment of buyers and listing agents. Continue reading →

Apartment starts hit a 40-year high in 2023. Don’t expect a repeat

By Ben Verde | January 12, 2024 - 9:14 pm |January 12, 2024 Uncategorized

Comments Off on Apartment starts hit a 40-year high in 2023. Don’t expect a repeat

We may see a reprieve in the number of new rental units coming online in 2024, with CoStar projecting a 25 percent pullback. Continue reading →

Broker Public Portal appoints former RE/MAX exec as CEO

By Jim Dalrymple II | January 11, 2024 - 5:51 pm |January 11, 2024 Uncategorized

Comments Off on Broker Public Portal appoints former RE/MAX exec as CEO

Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com. Continue reading →

Artificial intelligence roused real estate amid a big year for proptech

By Craig C. Rowe | December 28, 2023 - 4:00 pm |December 28, 2023 Uncategorized

Comments Off on Artificial intelligence roused real estate amid a big year for proptech

Technology roared to life in 2023, sending a current of excitement across brokerages, MLS’s and the vendors who serve both. But it was AI’s rapid acceleration that drove the narrative. Continue reading →

CoStar acquires popular UK real estate portal

By Jim Dalrymple II | December 15, 2023 - 12:29 am |December 15, 2023 Uncategorized

Comments Off on CoStar acquires popular UK real estate portal

The acquisition of OnTheMarket, a major portal in the U.K., comes as CoStar continues to push further and further into the residential space. Continue reading →

High-income renters are top prize as ownership hurdles pile up: Poll

By Chris LeBarton | December 13, 2023 - 5:00 pm |December 13, 2023 Uncategorized

Comments Off on High-income renters are top prize as ownership hurdles pile up: Poll

Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman. Continue reading →