CoStar Group tallies Q1 revenue growth on success of Homes.com

The Virginia-based commercial and residential real estate behemoth released its first-quarter earnings on Tuesday, which revealed the company grew its revenue 12 percent year over year to $656 million. The company remained profitable, although its net … Continue reading

With Matterport buy, CoStar makes it a ground game

Digital twin creation company Matterport has sold to CoStar, parent of home search experience Homes.com and Zillow’s chief rival. The deal stands to greatly increase the amount of industry data available to the company for use in its appeal to both rea… Continue reading

Be everywhere with Adwerx’s latest digital advertising solution

Adwerx’s new product involves customers being able to showcase their brands, messages and services on alternative public digital displays, such as retail map kiosks, bus stop screens, office building information panels, digital billboards and anywhere … Continue reading

Flat-fee brokerage Homie makes remarkable pivot amid upheaval

The Utah-based disruptor “moved our real estate agents from W2 to 1099” while other “non-Homie” agents were laid off last week due to “role redundancy,” a Homie spokesperson confirmed to Inman. Continue reading

Undeterred by federal scrutiny, RealPage continues to innovate

RealPage’s Lumina is being rolled out to automate a number of the supporting tasks that drive the large facets of its solution, helping an array of commands and tasks perform faster, much of which is made possible by the massive dataset from which it c… Continue reading

Digital insurance marketplace Matic grows mortgage clientele

With new clients including USA Mortgage and New American Funding, Matic says it’s doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans. Continue reading

Proptech investment is way down — but these 4 areas still see demand

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech. Continue reading

Shape real estate’s future: Take the Inman Intel Index survey for April

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading

Realtor.com campaign makes pitch for buyer representation

The campaign will roll out across print and digital media and comes against the backdrop of commission disruption and intense competition among portals. Continue reading

Weeklong BoomTown outage was caused by hackers, CEO confirms

On Wednesday, executives told customers that a “security incident involving a malicious third party” caused the outage that has disrupted thousands of brokers and agents since last week. Continue reading