Tag Archives: Realtor.com

Housing inventory shoots up as homes sit longer on the market

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A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading →

Real estate took a drubbing in Q4, but some companies still surprised

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Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

Pending home sales rose in January — but those gains are unlikely to last

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The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors. Continue reading →

CoStar will not acquire portal Realtor.com after all

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Buying Realtor.com was viewed as a potential way for CoStar to take on Zillow. But CoStar CEO Andy Florance said Tuesday that his company would instead focus on its Homes.com business. Continue reading →

Despite slow market, CoStar sees revenue and profit rise in Q4

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The company’s revenue jumped 13 percent year over year between October and December. CEO Andy Florance also promised Tuesday to continue CoStar’s push into residential real estate. Continue reading →

National Association of Realtors’ Canadian twin is betting big on tech

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The Canadian Real Estate Association, which owns and controls Canada’s most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what’s in store. Continue reading →

Cost cutting and existentialism: What to expect from earnings

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Large publicly traded real estate companies are about to share their numbers from the most brutal quarter in years. Analysts are bracing for the worst — and watching to see who can thrive. Continue reading →

RateMyAgent, Realtor.com forge review publishing partnership

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Realtors who use the review facilitation solution RateMyAgent can now send their customers’ feedback to the trade group’s home search portal Realtor.com. Continue reading →

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

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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 →

At Inman Connect New York, these sponsors share takeaways

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Our partners are what make Inman Connect an industry-leading event for real estate professionals. Here are their key takeaways and impressions after leaving New York. Continue reading →