Inman News

24 April 2024

Real Estate News for Realtors and Brokers
  • 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 income dropped 91 percent from $87 million in Q1 2023 to $7 million.
  • 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 real estate agents and consumers.
  • UHM revamps leadership team to support growing national footprint
    Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it's got a new divisional leadership structure to support its "rapidly expanding, nationwide footprint."

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