CoStar revenue reaches $693M in Q3 as Homes.com traffic grows

CoStar Group’s revenue grew 11 percent year over year, to $693 million, while monthly average unique visitors for the Homes.com Network of sites reached 130 million, according to Q3 earnings results on Tuesday. Continue reading

Greg Schwartz’s Tomo launches AI-powered home search platform

Former Zillow executives Greg Schwartz and Carey Armstrong have launched an artificial intelligence-powered home search portal under their company, Tomo. The portal is available to homebuyers in 21 states. Continue reading

Andy Florance: Zillow isn’t ready for post-commission portal revolution

In the opening remarks of CoStar Group’s Q3 earnings call Tuesday, CEO Andy Florance revealed to investment analysts the company’s grand plan to make Homes.com the portal of the future. Continue reading

In the multifamily space, these tech tools have become indispensable

Certainly, other tech developments lie ahead, but in general, it can be said that innovation has enabled those in the multifamily space to do their jobs better — and that was the case well before the pandemic. Continue reading