Tag Archives: homesnap

CoStar acquires management platform Visual Lease

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Visual Lease makes a platform serving more than 1,500 corporate clients. The acquisition bolsters CoStar’s core commercial real estate business. Continue reading →

CoStar Group dismisses year-old lawsuit against Homesnap founder

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The residential and commercial real estate company sued over misuse of trade secrets in 2023, but revealed in a new court filing that a rival tech platform’s “limited nature” is no longer a threat. Continue reading →

CoStar takes portal war to YouTube, promises new platform

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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 →

CoStar’s Homes.com beats Redfin, Realtor.com to become No. 2 portal

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In a sign of the listing portal’s growing influence, Homes.com hit more than 100 million unique visitors in September, sparking a 1,290 percent annual increase in traffic. Now the portal is second only to Zillow. Continue reading →

CoStar lawsuit accuses Homesnap founder of stealing trade secrets

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The commercial real estate giant is seeking to stop Homesnap founder Guy Wolcott from marketing a new data-transfer platform, which CoStar alleges is “a copycat” of its own tech. Continue reading →

Here’s how CoStar can beat Zillow and win the real estate portal wars

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CoStar is already borrowing a page from other big insurgent companies including Nike, Apple and Pepsi. But whether it can surpass Zillow may depend on how much it spends, analysts told Intel. 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 →

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 →

CoStar considering purchase of Realtor.com parent: Report

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Acquiring Realtor.com would significantly advance CoStar’s push into residential real estate — and bring it into greater conflict with the industry’s existing power players. Continue reading →

CoStar cuts 100 jobs amid Homes.com restructuring

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The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector. Continue reading →