CoStar Surges But Stock Slumps | Real Estate News

CoStar Surges But Stock Slumps | Real Estate News

CoStar’s Q2 revenue jumped 18% to $925M—its 61st straight quarter of double-digit growth—but investors weren’t buying it, sending stock down 12% to 52-week lows. Net income soared to $55M, and they’re projecting record 2026 EBITDA, yet AI-driven cost cuts and a $800M Zonda acquisition (closing by year-end) aren’t enough to calm nerves. New sales teams, a revamped Homes.com marketing tier, and a new CFO are on deck to steer the ship. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/949663ef6d63b121

Inman 2.0 Launches Real Estate Bloomberg Terminal | Real Estate News

Inman’s CEO Tom Bohn just unveiled “Inman 2.0,” a Bloomberg-terminal-style platform for residential real estate, designed to unify fragmented industry news and data. He’s rallying 1,000 agents and brokers to become “citizen reporters,” adding grassroots coverage without replacing professional journalists. The platform also hints at future AI integration with Breezy, and Bohn introduced a 2026 Advisory Council to steer Inman’s evolution — all while framing recent industry upheavals as a catalyst for stronger, more unified real estate professionals. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/a6181e516644070d

Inman Redesigns Membership for Real Estate Pros | Real Estate News

Inman is shaking up the real estate industry with its bold new “Select 2.0” membership overhaul, ditching three confusing tiers for a sleek two-tier system—Select Plus and Select Advantage—to help pros cut through the noise and make smarter, faster decisions. Led by CEO Tom Bohn, this isn’t just a content upgrade—it’s a full reimagining of how real estate professionals access insights, research, and connections to stay ahead in a fast-moving market. First glimpses at their San Diego event reveal a future focused on clarity, editorial excellence, and deeper industry leadership ties. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/3c286604b4c00d2a

Zillow Flex Lawsuit Gets Thrown Out | Real Estate News

Zillow’s Flex program is under fire in a high-profile lawsuit, but a judge has thrown out key claims, calling the evidence insufficient and saying Zillow was transparent about its model. Plaintiffs allege the program manipulates commissions and harms buyers, but the court found no proof of deception or financial harm. One major plaintiff, eXp Realty, was improperly named, and another, GK Properties, was dismissed. Zillow calls the suit baseless. Plaintiffs now have until August 17 to file a stronger case — or risk losing the battle for good. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/05405249b46d726c

Settlements, Trials, and Legal Moves | Real Estate News

Two special masters are now overseeing the distribution of massive Sitzer/Burnett and Gibson settlements to ensure fairness and transparency. Meanwhile, law professors are challenging the handling of the Tuccori case, arguing plaintiffs should’ve been included earlier. A sexual assault lawsuit against an eXp agent is heading to trial after failed settlement talks, with both sides seeking evidence limits. United Wholesale Mortgage is preparing to dismiss a Rocket Mortgage lawsuit, claiming it lacks legal merit, while a Zillow discrimination case has quietly settled. Courts are buzzing with activity across these high-stakes legal battles. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/8366d7d1613d44f1