Commercial Giant Takes Step Into Residential Data Business

CoStar Group, a global giant in commercial real estate information and analytics, is jumping into the residential world. The company announced it will purchase Homesnap Inc. for $250 million in cash.
Homesnap provides residential real estate brokers with apps and technology for managing listings. About 300,000 residential real estate professionals use Homesnap, averaging 30 times a month. Homesnap’s revenue this year is expected to top $40 million, a 45% increase over a year ago.
Continue… https://magazine.realtor/daily-news/2020/11/24/commercial-giant-takes-step-into-residential-data-business