Industry News

NAR was unsuccessful in its attempt to overturn the class action status of the $13 billion Moehrl suit.

The value prop of MLSs as data aggregation organizations could be industry-changing. But like in "Moneyball," they'll need to play the game differently.

“You do not want to think you're smarter than your customers,” Florance said on CoStar’s strategy of building Homes.com as a platform for agents and consumers.

In an exclusive interview, CoStar CEO Andy Florance shared his ambitious road map for Homes.com’s growth and a critique of the site's competitors.

David Romero was hired as EVP of growth at Realty ONE, and John R. Wood Christie's announced 4 exec-level promotions.

The Move, Inc top exec reflects on three years in the job and shares his vision of a “pure” marketplace.

The fees, which were scheduled to go into effect on Aug. 1, were opposed by industry groups including NAR and the Mortgage Bankers Association.

The leading iBuyer lost $101 million in Q1, but that's a significant improvement over the previous quarter, and they are now "looking for stabilization."

The Seattle-based company beat analyst expectations for the first quarter and is entering a crucial period as it unveils new products.

The company managed to cut losses by half in Q1, and CEO Brian Bair said Offerpad has a "realistic and achievable plan" to meet its goals.

The CoStar CEO said that Homes.com’s ‘Your listing, your lead’ model is better for agents and consumers.

The new mortgage fee structure is an attempt by the FHFA to create "equitable and sustainable access to homeownership."

Money laundering criminals have their eyes on real estate, and with that interest comes heightened scrutiny from the government, as well as heightened risk.

CoStar’s investment in Homes.com appears to be paying off as the home search site boasts more than 100% year-over-year growth.

The company cited increased traffic to its portal websites, including Homes.com, as one reason for its growth.

The industry’s leading iBuyer continues its struggle against housing industry headwinds, cutting about 560 employees, mostly in operations.

Buyers seeking small mortgages have been increasingly shut out of traditional lending channels, leaving them with riskier options.

The outcome of the Moehrl suit could affect countless buyer agents. Might Zillow and other portals become an Uber-style marketplace for those agents?

Brokerage leader Phillip Cantrell named SVP at United Real Estate; Carolyn Merchant promoted to CMO at eXp Realty; Lake Homes adds growth-focused leaders.

Real estate consultant Rob Hahn is introducing a marketplace auction website that allows homeowners to sell without paying commissions.