Homes.com

Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group

Retrieved on: 
Monday, April 22, 2024
CoStar Group, LLP, AI, Machine learning, Collection, Research, Foley & Lardner, 3D, Intelligence, Homes.com, LoopNet, Qatalyst Partners, Growth, Chair

Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property.

Key Points: 
  • Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of property.
  • Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others.
  • CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces.
  • The transaction is subject to a 10% symmetrical collar based on a CoStar Group share price of $86.02 as the midpoint.

 CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry That Makes Properties Intuitive and Interactive Online

Retrieved on: 
Monday, April 22, 2024
Data Management, Residential Building & Real Estate, Commercial Building & Real Estate, Technology, Construction & Property, Apps, Applications, Photography, Software, Artificial Intelligence, Audio, Video, Mobile, Wireless, CoStar Group, AI, Machine learning, Collection, Research, 3D, Growth, Intelligence, Acquisition, Homes.com, LoopNet, Chair

Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others.

Key Points: 
  • Matterport's 3D technology is utilized in nearly every sector of real estate, spanning residential, commercial, hospitality, retail, and industrial spaces, among others.
  • CoStar Group was one of the first adopters of Matterport’s technology, and currently has almost 300,000 Matterport digital twins available in the CoStar information product and online property marketplaces.
  • “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate.
  • CoStar Group plans to provide additional information about the Matterport acquisition during their earnings conference call at 5:00pm ET on April 23, 2024.

Homes.com Residential Network Reaches All-Time High of 149 Million+ Unique Monthly Visitors in February 2024

Retrieved on: 
Thursday, March 14, 2024
Commercial Building & Real Estate, Construction & Property, Data Analytics, Internet, Professional Services, Technology, Other Construction & Property, Residential Building & Real Estate, Growth, Homes.com, CoStar Group, YOY, Redfin, Realtor.com, Olympic Games, Super Bowl, Marketing, Google Analytics, Television, Mobile phone

The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.

Key Points: 
  • The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.
  • The February traffic figures more than double Realtor’s 66 million average unique monthly visitors and triple Redfin’s 44 million average unique monthly visitors.
  • * Based on unique visits in February 2024 to the Homes.com Residential Network (which includes the Homes Network and the Apartments Network) and the Land Network, according to Google Analytics.
  • ** Based on a comparison of year-over-year changes in unique monthly users for Homes.com comparing February 2024 to February 2023, as measured by Google Analytics.

Niche Releases 10th Annual Best Places to Live in America Rankings for 2024

Retrieved on: 
Tuesday, March 26, 2024
Homes.com, Partnership, Weather, School, Housing, Pensioner, CDC

"For 10 years now, our Best Places to Live rankings have served as a compass for navigating these tough choices.

Key Points: 
  • "For 10 years now, our Best Places to Live rankings have served as a compass for navigating these tough choices.
  • Niche creates the annual Best Places to Live rankings by using data from sources such as the U.S. Census, Bureau of Labor Statistics and CDC combined with millions of resident reviews.
  • In addition to the national rankings, users can view the Best Places or Suburbs to Live rankings by state, metro area or county.
  • More about the 2024 Best Places to Live in America rankings:
    To explore the full Places to Live rankings, visit: niche.com/places-to-live/rankings/
    To read more about the methodology, visit: niche.com/places-to-live/rankings/methodology/
    For families looking to find out more about schools within a city, see Niche K-12 school rankings: niche.com/k12/rankings/#bestbycity

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Zillow Group, Inc. (Nasdaq: Z)

Retrieved on: 
Tuesday, March 5, 2024
The Company, MBP, Homes.com, Flex, National Association, Total, Outline, MLS, Pressure, Record, Marketing, Growth, Super Bowl, TAM, SBC, Disclosure, Advertising, History, CoStar Group, Policy, Optimism, NAR, Humboldt Hill, California, Probability, Acceleration, Research, IRLC, Real estate

Key indicators show Zillow is experiencing a rapid decline in web traffic, which is the foundation for the Premier Agent business.

Key Points: 
  • Key indicators show Zillow is experiencing a rapid decline in web traffic, which is the foundation for the Premier Agent business.
  • Spruce Point believes these practices require significant management judgement as some consumers may have multiple commitment letters from different banks/vendors.
  • Spruce Point believes Zillow should provide more disclosure around assumptions on the timing and conversion of leads and mortgages.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .

Google Pixel Wins for Second Year in a Row at the 2024 Kellogg School Super Bowl Advertising Review

Retrieved on: 
Monday, February 12, 2024
Attention, Sandy, Homes.com, Temu, Pixel, L'Oréal, Multimedia, Marketing, Dookie, Super Bowl, Hard Knocks, Advertising, Bowl game, Columbidae, Television

EVANSTON, Ill., Feb. 12, 2024 /PRNewswire/ -- Google Pixel is the big winner in strategic advertising rankings for the second year in a row with its 'Javier in Frame' spot in the 20th Kellogg School of Management Super Bowl Advertising Review. Other brands that earned top marks included Mountain Dew's 'Having A Blast' and Dove's 'Hard Knocks.' Not all advertisers had a winning night, including Home.com, Temu and Squarespace, which received low grades during this year's Super Bowl.

Key Points: 
  • EVANSTON, Ill., Feb. 12, 2024 /PRNewswire/ -- Google Pixel is the big winner in strategic advertising rankings for the second year in a row with its 'Javier in Frame' spot in the 20th Kellogg School of Management Super Bowl Advertising Review.
  • Not all advertisers had a winning night, including Home.com, Temu and Squarespace, which received low grades during this year's Super Bowl.
  • "Google Pixel has clearly figured out the formula to success for advertising in the Super Bowl," said Derek Rucker, the Sandy & Morton Goldman professor of entrepreneurial studies in marketing and co-lead of the school's Ad Review.
  • The Kellogg School Super Bowl Advertising Review uses a academic framework known as ADPLAN to evaluate the strategic effectiveness of Super Bowl spots.

Homes.com Ranked Among Top 50 U.S. Domains In Organic Visibility Improvement in 2023

Retrieved on: 
Friday, February 2, 2024
Online Retail, Retail, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Growth, Homes.com, Google Search, CoStar Group, Realtor.com, School, Renting

Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.

Key Points: 
  • Each year, the IndexWatch ranking uses the SISTRIX Visibility Index to measure U.S. domains with the strongest organic visibility growth and declines on Google.com.
  • SITRIX measures rankings of over 100 million domains for 100 million keywords on Google, with Homes.com’s ranking being earned specifically from Google’s U.S. Index.
  • Homes.com’s spot on this list is a testament to the banner year it had in 2023.
  • For more information about SISTRIX’s IndexWatch 2023, including the full ranking list, please visit here .

CoStar Group Founder and CEO Andy Florance Named Inman 2024 Power Player

Retrieved on: 
Monday, January 22, 2024
Technology, Other Construction & Property, Residential Building & Real Estate, Other Technology, Commercial Building & Real Estate, Construction & Property, Growth, Realtor.com, CoStar Group, Homes.com, Index, Property management

Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CGSP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was honored as one of Inman’s 2024 Power Players.

Key Points: 
  • Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CGSP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, today was honored as one of Inman’s 2024 Power Players.
  • Inman’s 2024 Power Players include executives and founders as well as innovators and visionaries, highlighting figures playing a key role in shaping the future of the residential industry.
  • This recognition comes as part of CoStar Group’s continued growth and investment in the company’s residential real estate portals, Homes.com and Apartments.com.
  • “It is an honor to be recognized on Inman’s Power Players list again this year,” said Andy Florance.

CoStar Group Founder and CEO Andy Florance Named as Top Ten on SP 200 Real Estate’s Most Powerful and Influential List

Retrieved on: 
Tuesday, January 16, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Other Technology, Professional Services, Software, Data Analytics, Other Construction & Property, Residential Building & Real Estate, Realtor.com, Realty Income, Swanepoel, HomeServices of America, Homes.com, CoStar Group, Real estate, Management

The Swanepoel Power 200, the definitive ranking of the residential real estate brokerage industry’s executives and leaders, has named Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), as one of the nation’s ten most powerful and influential people in real estate for 2023.

Key Points: 
  • The Swanepoel Power 200, the definitive ranking of the residential real estate brokerage industry’s executives and leaders, has named Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), as one of the nation’s ten most powerful and influential people in real estate for 2023.
  • The recognition of Andy Florance on the SP 200 list follows another year of major growth and achievement for CoStar Group, especially for the company’s residential real estate portal Homes.com, which surpassed Realtor.com and Redfin in September 2023 to become the second most-trafficked real estate portal in the country.
  • “It's an honor to be ranked again as one of the top ten real estate business leaders,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group.
  • This award reflects our continued commitment to providing the most in-depth and powerful real estate tools through the incredible efforts of our whole CoStar Group team.

Andy Florance Named Amongst Inman’s Best of Proptech Award Winners for Entrepreneurs

Retrieved on: 
Monday, November 13, 2023
Commercial Building & Real Estate, Technology, Construction & Property, Entrepreneur, Other Technology, Professional Services, Data Analytics, Consumer, Other Construction & Property, Residential Building & Real Estate, Homes.com, CoStar Group, Property, Entrepreneurship, IPO, Growth, VCS, Property technology, Sheila Florance

Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online marketplaces, information and analytics in the property markets, was named amongst Inman’s Best of Proptech Award winners for the Entrepreneur category.

Key Points: 
  • Andy Florance, Founder and Chief Executive Officer of CoStar Group (NASDAQ: CSGP), a leading provider of online marketplaces, information and analytics in the property markets, was named amongst Inman’s Best of Proptech Award winners for the Entrepreneur category.
  • “I’m honored to be recognized as one of Inman’s Best of Proptech entrepreneur winners,” said Florance.
  • The company would not be at its market-leading position today without our talented team and commitment to providing best-in-class technology solutions.
  • Inman celebrates the entrepreneurs, VCs and visionaries that are building the future in the world of property technology, or proptech.