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
New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down. Continue reading
Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors. Continue reading
Realtor.com parent company Move’s Q4 and FY 2023 revenues slipped by double digits, with the company bringing in $602 million for the full year, according to an earnings call on Thursday. Despite its struggles, News Corp CEO is confident in the brand’s… Continue reading
During Inman Connect on Tuesday, Damian Eales, Realtor.com’s newly installed CEO, revealed the marching orders he’s received from Rupert Murdoch as he aim to scale the top of the portal game. Continue reading
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they’re watching with Intel. Continue reading
The typical rent was $1,745 a month in June, down $31 from its record high in July 2022, according to a new report from Realtor.com. Continue reading
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
Existing-home sales are expected to tumble to a 12-year low by the end of 2023, but they won’t stay that way for long, Realtor.com Chief Economist Danielle Hale predicted on Wednesday. Continue reading
More buyers today are moving because they have to. Here’s what they look like — and how agents are courting their business in a down market. Continue reading