REcore Solutions LLC, a licensing services vendor working with multiple listing services and an offshoot of the California Regional Multiple Listing Service Inc. (CRMLS), announced that it filed a lawsuit against Homes.com and its parent company, CoStar Group Inc....
The national median home price inched up by 2.4% year-over-year in August to $389,000, according to a data report from the Costar Group (NASDAQ: CSGP) brand Homes.com. This marked an increase of $9,000 from last August. Year-to-date, home prices have grown only 3.5%,...
Andy Florance, the founder and CEO of CoStar Group (NASDAQ: CSGP) and Homes.com, took aim at Zillow (NASDAQ: Z, ZG) for its new ban on private listings. In April, Zillow announced it was enacting the National Association of Realtors’ Clear Cooperation Policy with “new...
Homes.com CEO Andy Florance has blasted the announcement by Zillow (NASDAQ: Z, ZG) that it would not list homes that are not listed on the MLS within 24 hours of public marketing. In a letter to real estate agents, Florance called Zillow’s action “an incredible move...
Home prices were on the rise during in March, but the rate of price increases slowed for the third consecutive month. According to new data from Homes.com, a division of CoStar Group (NASDAQ: CSGP), year-over-year price increases totaled 2.2% in March, 2.7% in...