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CoStar Group

Why CoStar, Berkshire Hathaway are betting big on homebuilding

Berkshire Hathaway, Brokerage, CoStar Group, Homebuilders, HWmember, Mergers and Acquisitions, Real Estate /

The past week saw two companies traditionally associated with the real estate industry make a splash in the homebuilding space.  Things kicked off on Friday with CoStar Group’s $800 million all-cash acquisition of Zonda, a data company that tracks land development, construction activity, home sales and builder operations in North America. The action continued over […]

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CoStar CEO Andy Florance buys over 70,000 shares

Andy Florance, CoStar Group, Homes.com, HWmember, Real Estate, Securities and Exchange Commission, Technology /

CoStar Group founder and CEO Andy Florance purchased over 70,000 securities belonging to his firm last Friday.  A Form 4 filed with the Securities and Exchange Commission on Monday shows that Florance purchased non-derivative securities from the open market.  According to the filing, Florance acquired a total of 71,430 securities via two transactions, one which

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CoStar says Zillow copyright infringement now tops 53,000 photos

CoStar Group, HWmember, Legal, Real Estate, Realtor.com, Redfin, Technology, Zillow /

CoStar Group is claiming that Zillow’s alleged infringement upon copyrighted photos owned by CoStar has continued despite the ongoing copyright infringement lawsuit CoStar filed against Zillow last July. In an amended complaint filed on Friday, CoStar claims that Zillow has infringed on CoStar’s copyright on more than 53,000 watermarked photos across Zillow and the platforms

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CoStar touts Homes.com momentum and AI gains as profits dip in Q4

Andy Florance, Apartments.com, CoStar Group, Homes.com, HWmember, Real Estate, Technology /

Despite recording the 59th consecutive quarter of double-digit revenue growth during the fourth quarter of 2025, with revenue jumping 27% to $900 million, CoStar Group’s financial results may not have been as strong as many expected given the firm’s recent rhetoric about how well the company is performing.  During the quarter, net income fell from

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CoStar rebuffs D.E. Shaw, Third Point on Homes.com divestment

Andy Florance, Apartments.com, CoStar Group, Homes.com, HWmember, Real Estate, Technology /

The pressure of even more activist investors does not appear to be enough to cause CoStar Group to change its stance on Homes.com.  The Andy Florance-led firm responded to a letter sent by activist investors at D.E. Shaw & Co., LP. in a press release on Thursday, in which the company reiterated its commitment to

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More activist investors push CoStar to exit Homes.com business

Andy Florance, CoStar Group, Homes.com, HWmember, Real Estate, Technology /

Investors at D.E. Shaw & Co., L.P. are joining Third Point Investments in calling for CoStar to either divest or shut down Homes.com.  On Wednesday, Edwin Jager and Michael O’Mary, two managing directors at D.E. Shaw, sent an open letter to CoStar Group’s board or directors, expressing their “continued disappointment” with what they say is

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Does the Compass-Anywhere merger spark new phase in portal wars?

Anywhere, Brokerage, Compass, CoStar Group, Homes.com, HWmember, Real Estate, Redfin, Rocket Companies, Zillow /

The completion of Compass’s acquisition of Anywhere Real Estate has led to the creation of a real estate brokerage monolith, the size and scale of which the industry has never seen.  Compass’s new size combined with its stance on private listings and current legal battles with Zillow and Northwest MLS (NWMLS) have led many to

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Biggest stories of 2025: Zillow’s terrible, horrible, no good, very bad legal storm

Brokerage, Compass, CoStar Group, Federal Trade Commission, HWmember, Legal, Real Estate, Redfin, Zillow, Zillow Premier Agent /

From lawsuits to mergers and acquisitions at a scale never seen before in real estate and everything in between, 2025 was full of twists, turns and surprises for the housing industry. HousingWire is rewinding and breaking down the biggest storylines in the real estate industry from this past year.  Despite strong revenue growth and a

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Inside Zillow’s legal storm: From RESPA to job discrimination

Clear Cooperation, Compass, CoStar Group, HWmember, Legal, Real Estate, Zillow, Zillow Premier Agent /

If you’ve lost count of the number of lawsuits filed against Zillow over the past six months you probably aren’t alone. The listing portal giant’s legal woes began in mid-June 2025, when Compass filed its antitrust lawsuit against Zillow, and they kicked into yet another gear late last week when a home buyer plaintiff filed

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Zillow focuses on consumers, agents to fuel future growth

Agent, Compass, CoStar Group, Earnings, Federal Trade Commission, HWmember, Real Estate, Redfin, Zillow /

It has been a messy few months for Zillow Group, including a copyright lawsuit from CoStar, a class action consumer RESPA suit, and antitrust suits from both Compass and the Federal Trade Commission (FTC). While some of the listing portal giant’s competitors have said that it is a company of the past, Zillow executives are

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