Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Judge dismisses most claims in Louisiana three-way agreement antitrust suit A federal judge dismissed most of the claims in an antitrust lawsuit brought by four Louisiana real estate brokers who challenged the National…

Read More

In its lawsuit against Zillow focused on alleged infringement of copyrighted photos, CoStar Group is adding new allegations today, claiming that Zillow is continuing to “publish” images it has watermarked and identified, including some that were previously removed by the portal after the lawsuit was filed. Originally filed back in the June of 2025, CoStar…

Read More

In another tense back and forth between CoStar Group and an activist investor, hedge fund The D.E. Shaw Group criticized what it called the company’s latest “attempt to evade accountability for longstanding and ongoing underperformance of Homes.com.” The new dispute comes about a month after D.E. Stevens first demanded that CoStar abandon its residential business.…

Read More

CoStar Group, the commercial/residential real estate heavyweight that has come under heavy fire from investors of late, announced in a call with investors Feb. 24 that revenue was up 19% to $3.2 billion in 2025, with CEO Andy Florance fielding questions on how the company would navigate an uncertain future while touting continued investments in…

Read More

CoStar Group on Feb. 17 announced the launch of Homes AI, which the portal calls a transformative experience powered by Microsoft Azure OpenAI, fully integrated into Homes.com, and accessible to all consumers. For the first time on a major real estate portal, according to the company, consumers can engage in natural, real-time, two-way conversations, by…

Read More

Following on the heels of hedge fund investor Third Point’s recent demand that CoStar Group exit its Homes.com-led residential business entirely, a second hedge fund investor, the New York City-based D.E. Shaw Group, has voiced the same opinion. Even with CoStar firing back at Third Point, saying its demands reflect “their complete misunderstanding of our…

Read More

As the corporate infighting continues between CoStar Group and billionaire investor Daniel Loeb’s hedge fund Third Point, with Third Point on Jan. 27 announcing it would seek to replace a majority of CoStar’s eight-person board, CoStar responded with a lengthy statement released on Jan. 28 highlighting new planned initiatives. “The CoStar Group Board of Directors…

Read More

Billionaire investor Daniel Loeb’s hedge fund Third Point has launched a proxy fight against CoStar Group, nominating multiple directors to the company’s board and demanding the real estate giant exit its residential business entirely. In a letter released this morning, Third Point announced it would seek to replace a majority of CoStar’s eight-person board, marking…

Read More

A recent academic study analyzing Zillow Home Loans (ZHL)—funded by the portal’s rival, CoStar—offers a new analysis of how Zillow’s policies and practices allegedly affect consumers, on the heels of a class-action lawsuit claiming the company is violating antitrust laws through mortgage referrals. The aforementioned lawsuit put Zillow in the hot seat by alleging the…

Read More

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Compass and Zillow file final hearing documents, await judge’s ruling Compass and Zillow have both filed their final court documents related to the recent hearing in the two companies’ lawsuit over Zillow’s private…

Read More