Move Inc. sees 13% revenue decline as Realtor.com traffic improves

The Realtor.com parent company saw revenue declined 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1’s 12 percent loss. News Corp CEO Robert Thomson said he’s hopef… Continue reading

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

A softer rental market isn’t enough to help hopeful homebuyers

The rental market is stabilizing with fewer landlords planning rent increases, according to Realtor.com’s latest survey. But the rent slowdown won’t significantly ease financial burdens for renters who are struggling to save for a down payment or quali… Continue reading

How love and politics are impacting homebuyers’ decisions

Although affordability is still the No. 1 factor in most homebuyers’ moves, two surveys from Zillow and Redfin revealed politics and romance also play a role. Continue reading

Homes.com earns top 100 finish on global SEO ranking list

German search engine optimization (SEO) platform SISTRIX ranked portal Homes.com No. 43 on a list of fastest-growing domains in the U.S. The company has been ranking domains for 15 years. Continue reading

Rate drop leads to 3rd consecutive month of listing gains

Active and new listings experienced single-digit increases for the third consecutive month in January, according to Realtor.com’s latest market report. The boost in listings also brought buyers out, leading to a four-day decrease in the median days on… Continue reading

Are US home-sale revenues finally bottoming out? Intel examines

The steepest part of the home-transaction downturn appears to be over. Is this where business turns around? Intel dives into the data. Continue reading

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

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

Competition for spring listings will be fierce and starts … NOW

Realtor.com data suggests there will only be three listings per agent in 2024 and that sellers who want to close a deal in April are already looking for representation. Continue reading