CoStar buys Homesnap to target the residential real estate sector

Commercial real estate analytics giant CoStar Group is getting into the residential sector after acquiring a company called Homesnap Inc. for $250 million. Homesnap sells technology that enables real estate brokers to manage listings within their applications and on their websites. The platform is used by around 300,000 residential real estate professionals around 30 times

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Church Foreclosure Crisis Next?

Heard about the latest foreclosure victim? The Lord Almighty himself. That’s right, this time it’s churches that are being scooped up and repossessed by the lenders, as more and more Houses of God fall behind on their mortgage repayments and incur the wrath of the Devil (the banks).

CoStar Snaps Up LoopNet in $890 Million Deal

The commercial real estate information company CoStar Group Inc. yesterday announced they were to land an $890 million takeover of the San Francisco-based LoopNet Inc. commercial property listings website.

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