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

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

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

News Corp will slash 1,250 jobs following rough real estate earnings

Move Inc. revenue fell $23 million in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale. Continue reading

CoStar considering purchase of Realtor.com parent: Report

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

40% of Americans eye a move, but many feel ‘priced out’ for now

Cost-of-living, cramped quarters and even politics are all top of mind for people considering a move in the coming years, a new Harris Poll reveals. Continue reading

Realtor.com gears up for battle with Zillow as revenues jump 30%

Digital real estate services continued to be the driving force behind News Corp’s earnings streak, according to the company’s first-quarter fiscal 2022 earnings results released on Thursday. Continue reading

Florida cities see heightened interest from buyers on the move

Three Florida cities found themselves among the top migration destinations for Redfin website users in July. Continue reading

Realtor.com parent company Move sees 68% Q4 revenue boost

Move took in $186 million in Q4 2021, as a booming housing market kept website traffic, lead generation and referral services riding high. Continue reading

5 people to watch at realtor.com as the company plots its next move

The News Corp. subsidiary is laser-focused on growing traffic and improving the consumer experience as it maintains its industry ties. Continue reading

CEO of realtor.com operator Move: ‘The game’s not over’

David Doctorow says realtor.com can contribute to “helping consumers think about making great homes and, when needed, sell homes” in partnership with the industry. Continue reading