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

Estate of Microsoft co-founder Paul Allen sells 2 apartments for $101M

The deal on the Upper East Side units at 4 East 66th Street, which were never publicly listed, included a penthouse and a second apartment on a lower floor, according to records. Continue reading

CoStar debuts Citysnap search portal as Zillow rivalry continues

The Citysnap real estate search portal includes homes for sale and rent in New York City. It also represents the latest chapter in a rivalry between CoStar and Zillow. Continue reading

StreetEasy adds ShowingTime tour scheduling feature

Beginning this month, StreetEasy users will have free access to ShowingTime’s tour scheduling platform, which also provides training sessions for agents and brokerage partners on best practices. Continue reading

Inman Connect returns: Big parties, tech’s reckoning and a Zillow pile-on

The event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

CoStar CEO likens Zillow’s StreetEasy to blackmail

Andy Florance on Tuesday positioned his company’s upcoming New York City portal as an alternative to Zillow-owned StreetEasy. Continue reading

CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading