Realtor.com CEO ‘loves’ heated competition with Homes.com

Realtor.com CEO Damian Eales addressed the traffic rivalry with Homes.com and why competition is good for agents and consumers. Continue reading

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

Zillow unveils top 10 markets where people dreamed of moving in 2023

The real estate portal pulled user search data and other metrics to find the top markets where people looked to move to in 2023. (Hint, the East Coast is really popular right now) Continue reading

NAR President: Commission changes will ‘marginalize’ buyers

NAR President Tracy Kasper appeared on CNBC’s “The Exchange” on Thursday to talk about mortgage rates, affordability and the potential harm of changing the current commission structure. Continue reading

Realtor.com suffers double-digit drop in quarterly revenue, traffic

Realtor.com parent company Move Inc.’s revenue declined 16 percent to $142 million in the fiscal first quarter. Despite the loss, CEO Robert Thomson remained bullish about the portal’s long-term prospects. Continue reading

Even CoStar doesn’t think it will unseat Zillow, DelPrete argues

For all its bluster, CoStar Group likely doesn’t think it can overthrow Zillow to become real estate’s top portal, Mike DelPrete tells Intel. Here’s what the commercial real estate giant is really after. Continue reading

Adiós America! Far Homes’ $2.25M seed funding helps buy abroad

“Their business will benefit their customers, colleagues and communities, not just themselves and their other shareholders,” said Redfin CEO Glenn Kelman. Continue reading

RealScout adds ClimateCheck data to platform

RealScout’s addition of climate risk data into its platform follows a recent trend of real estate companies adding similar data to their portals as homebuyers become increasingly concerned about climate change risk. Continue reading