Redfin, the NASDAQ-listed technology-enabled brokerage in the United States, has released its Q1 FY2024 financial statements, with market conditions being blamed for a stuttering first three months of the year....
Redfin will pay $9.25 million as part of a settlement agreement reached with home seller plaintiffs in the class-action lawsuit known as Gibson. Redfin was not part of the NAR...
In October 2023, CoStar Group CEO Andy Florance took to the stage to say he wanted to put a bigger percentage of CoStar's investment in Europe. A "$9 billion war...
Zillow Group exceeded the company's outlook for revenue and adjusted EBITDA in its Q1 filings released yesterday. Highlights include: Q1 revenues hit $529 million, up 13% YoY Net losses widened...
The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle and the Spanish proptech Homming. Zillow launches ad campaign...
In a major change to the industry, home sellers in the United States will no longer be required to offer a commission to a buyer’s agent when they sell their...
CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for $1.6 billion. Highlights include: Monetization of Homes.com accelerates net sales...
CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder approval. No timeframe has been specified but the deal is...
Zillow's TV show will launch in May for broadcast on HGTV. After the major success of its Zillow Gone Wild Instagram account—wherein wacky, unusual or otherwise notable listings on Zillow...
The U.S. Federal Trade Commission (FTC) plans to distribute approximately $62 million to 54,689 homeowners who sold their properties to iBuyer Opendoor. The reimbursement follows an FTC ruling in 2022...
Another week, another product roundup for our readers. No need for fluff, here's what we've spotted... Zillow adds six cities to its suite of 'Enhanced Markets' U.S. portal giant...
Zillow's Chief Operating Officer Jeremy Wacksman has discussed Zillow's plans for artificial intelligence and provided an update on the accuracy of the Zestimate automated valuation tool. Wacksman shared numbers including...
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