Tag Archives: Redfin

Andy Florance calls Realtor.com lawsuit ‘PR stunt,’ talks future

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Florance says Realtor.com lawsuit against CoStar is a response to Homes.com surpassing it in web traffic and takes aim at Zillow. Continue reading →

Multifamily building permits have dropped 30% since 2021: Redfin

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Rising interest rates and market saturation have caused multifamily builders to slow the rate of new projects, according to a Redfin report published on Tuesday. Between 2021 and 2023, builders filed an average of 18 permits to build multifamily housin… Continue reading →

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

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“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 →

Zillow, Redfin sent video user data to Meta, Alphabet, lawsuits charge

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The complaints, filed by a San Diego resident, seek class-action status and accuse the real estate companies of violating state and federal privacy laws due to their use of third-party tracking pixels. Continue reading →

Weak demand drives up share of homesellers cutting prices

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The typical home sold for 0.3 percent less than the original asking price in the past month, according to a new report from Redfin. Continue reading →

Zillow partners with Moody’s on multifamily rental data

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The partnership will give larger multifamily rental operators access to Moody’s data on topics such as rents, vacancies and inventory. Continue reading →

Compass, eXp, Redfin and others file joint motion to dismiss Batton 2

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Defendants in the case, which also includes Weichert Realtors and United Real Estate, say the claims lack standing, are untimely and an attempt to “parrot” arguments made in Batton 1. Continue reading →

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

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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’

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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 →