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After announcing that it would be scaling back its investment in Homes.com this past January, CoStar Group appears to be thriving as of Q2 as it beefs up investments in other segments of its business, such as Apartments.com.  Andy Florance—CEO of CoStar—touted the success of the portal during the company’s earnings call yesterday, stating that…

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Despite near annual highs of the 30-year average mortgage rate, home-purchase application activity had been holding steady or even modestly increasing in recent weeks, attributed to the rise in home inventory. That trajectory flipped this week with a dip in mortgage applications as rates hit another record high since last August. The latest Market Composite…

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Foreign buyers purchased $45.3 billion worth of U.S. existing homes from April 2025 through March 2026, a 19% decrease in dollar value of homes purchased and a 14% decrease in number of properties from the previous 12-month period, according to the National Association of Realtors®’s (NAR) 2026 International Transactions in U.S. Residential Real Estate report,…

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