CoStar Group cuts jobs amid AI rollout and Homes.com focus
CoStar Group reduces workforce, citing AI-driven efficiencies and continued commitment to Homes.com despite investor pressure.
Andy Florance
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More activist investors push CoStar to exit Homes.com business
Activist investors call for CoStar to sell or close Homes.com, citing $11B in value destruction and weak results.
CoStar forecasts Homes.com profitability in 2030
CoStar Group projects 18% revenue growth in 2026, cuts Homes.com investment, and launches a $1.5B stock buyback.
REcore sues CoStar and Homes.com over alleged breach of contract
REcore claims CoStar has not paid the full amount it owes for its IDX feed due to its monetization of MLS data.
Zillow pulls Matterport tours from its listings
Amid rising tensions between Zillow and Matterport parent company CoStar, the former claims CoStar did not renew its Matterport API.
Zillow removes photos at center of CoStar suit from site
A Zillow spokesperson confirmed that the company is only removing photos related to CoStar’s copyright infringement lawsuit.
Homes.com grows with increased agent adoption, consumer demand
Unprompted consumer awareness of Homes.com rose to 36% in Q1 2025, compared to only 4% before February 2024.
Homes.com’s Andy Florance hits back at Zillow
CoStar CEO Andy Florance hits back at Zillow about delayed listing status amid debate over NAR’s Clear Cooperation Policy.
‘Not Saying We’re the Best’: Homes.com airs two Super Bowl ads
The CoStar-owned residential listing platform is airing two more Super Bowl ads this year, again featuring Dan Levy and Heidi Gardner.