Realtor.com parent sues CoStar Group, claiming theft of portal data

“Competitors should never be allowed to cheat and steal to get ahead,” Move, Inc. attorneys claim in a new suit alleging an ex-Realtor.com employee maintained access to the data while at CoStar. Continue reading

Former Google CEO Eric Schmidt sells Silicon Valley home at $22.5M

Schmidt and his wife, Wendy Schmidt, bought the home in 1990 for $2 million and gradually expanded the estate over about 20 years, adding neighboring parcels, a guest house and a green house. Continue reading

Realtor.com releases next chapter of buyer agency campaign

Two months after the successful launch of its buyers agency ad campaign, Realtor.com has unveiled the next chapter — this time focusing on how buyers’ agents are key to bolstering homeownership rates in underrepresented communities. Continue reading

Artificial intelligence is the all-in-1 tool real estate desperately needs

Using artificial intelligence, the latest technology represents an opportunity for the real estate industry to rebrand itself at a time when solutions are sorely needed, writes Inman founder Brad Inman. Continue reading

Andy Florance talks Homes.com, the fallacy of ‘pure buyer agency’

CoStar Group founder and CEO Andy Florance shares the next chapter of Homes.com’s $1 billion marketing push and the fallacy of “pure buyer agency” as portals recalibrate their strategies amid a coming commission crunch. Continue reading

Microsoft removes portal data from Bing Real Estate after outcry

Four days after Bing Real Estate came under fire for its alleged co-opting of listing data from Zillow, Redfin and Realtor.com, Microsoft has removed for-sale listing data from its site. Continue reading

Median price per square foot is up 52.7% since 2019: Realtor.com

Home values have boomed over the past five years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot. Continue reading

Microsoft’s mysterious real estate portal sparks data safety concerns

Industry watchers are sounding the alarm about Microsoft’s Bing Real Estate, a site that for several months has been reposting listings from Zillow, Realtor.com and Redfin without explanation. Continue reading

Want a life of luxury? The 10 cities where it’s a relative bargain

Some luxury markets, especially in dense, pricey coastal cities, have seen little price growth since the pandemic because residents fled those places once they had the option to work remotely. Continue reading