New York broker sues Zillow, saying StreetEasy ‘masked’ his listings

George T. Spyridakis, an associate broker with eXp Realty, alleged Zillow’s StreetEasy allowed multiple brokers to list the same unit on the platform, effectively hiding it from public view. Continue reading

Former Google CEO scores buyer for $39.5M NoHo penthouse

Former Google CEO Eric Schmidt has found a buyer for his Manhattan penthouse, which listed for $39.5 million in December. It was the priciest home under contract last week among 29 NYC properties. 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

Queens is poised to unseat Brooklyn as hottest NYC borough

A new report from StreetEasy suggests that the World’s Borough will be crowned the hottest borough in New York City after a stellar 2023. Continue reading

Real estate took a drubbing in Q4, but some companies still surprised

Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading

CoStar considering purchase of Realtor.com parent: Report

Acquiring Realtor.com would significantly advance CoStar’s push into residential real estate — and bring it into greater conflict with the industry’s existing power players. Continue reading

Zillow’s VRX acquisition reveals why the portal can’t be dismissed

Never on the defensive for too long, Zillow’s strategy, Brad Inman writes, is to secure its position as the leading listing service and digitize everything — as the rest of the industry sputters. Continue reading

CoStar cuts 100 jobs amid Homes.com restructuring

The cuts are part of an effort to integrate Homes.com with Homesnap and come at the tail end of a year in which CoStar has moved aggressively into the residential real estate sector. Continue reading