The Realtor.com parent company saw revenue decline 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1’s 12 percent loss. News Corp CEO Robert Thomson said he’s hopeful about the portal’s trajectory as the U.S. housing market improves.
Source: Inman News
Move Inc. sees 13% revenue decline as Realtor.com traffic improves
More from damian ealesMore posts in damian eales »
More from MoveMore posts in Move »
- UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group
- Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal
- Realtor.com revenue drops 2% as traffic, lead volume remain flat
- Realtor.com CEO: Take Homes.com claims with a grain of salt
- Judge rules in favor of CoStar, grants expedited discovery
More from news corpMore posts in news corp »
- UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group
- Ex-Move staffer accessed dozens of disputed files at CoStar: Experts
- Realtor.com revenue drops 2% as traffic, lead volume remain flat
- Realtor.com CEO: CoStar made ‘deceptive and misleading’ claims
- Realtor.com revenue drops 6% as traffic growth remains flat
More from real estate portalsMore posts in real estate portals »
- Andy Florance calls Realtor.com lawsuit ‘PR stunt,’ talks future
- Realtor.com parent sues CoStar Group, claiming theft of portal data
- Time is of the essence with Zillow’s latest search filter
- Homes.com President Dave Mele to part ways with CoStar
- Suddenly, it appears that portal traffic is a non-zero-sum game
More from realtor.comMore posts in realtor.com »
- New Hampshire metro prevails as hottest US market for 29th time
- UK portal Rightmove rejects bid from Rupert Murdoch’s REA Group
- CoStar touts forensic evidence in new filing against Move
- Rupert Murdoch’s REA Group eyes UK’s biggest real estate portal
- Ex-Move staffer accessed dozens of disputed files at CoStar: Experts
More from realtor.com earningsMore posts in realtor.com earnings »
More from robert thomsonMore posts in robert thomson »
- Realtor.com revenue drops 2% as traffic, lead volume remain flat
- Realtor.com revenue drops 6% as traffic growth remains flat
- Real estate CEOs: Big changes from bombshell suits ‘improbable’
- Realtor.com suffers double-digit drop in quarterly revenue, traffic
- Despite Q4 decline, Realtor.com says it’s ready to take on CoStar
More from SelectMore posts in Select »
- Fathom Realty agrees to pay $2.95M to settle commission suit
- GreenLite’s permitting software approved, earns $28.5M Series A
- Mortgage payments cheaper than rent in nearly half of all US metros
- Tongo’s agent-focused finance app ready for market
- How can I really be sure sellers will pay the buyer’s agent (me)?
More from TechnologyMore posts in Technology »
Be First to Comment