CoStar names Felix Kusch president of Homes.com
Move follows 2nd quarter 2026 residential adjusted EBITDA of $12 million and Homes.com revenue up 66% to $28.5 million
The appointment of Felix Kusch as president of Homes.com by CoStar is a significant move, especially given the recent financial performance of the platform. With residential adjusted EBITDA reaching $12 million in the second quarter of 2026 and Homes.com revenue surging 66% to $28.5 million, it's clear that the company is experiencing substantial growth. This upward trend suggests that Homes.com is becoming a more critical player in the real estate market.
Kusch's new role likely aims to capitalize on this momentum and further accelerate growth. As president, he will be instrumental in shaping the strategic direction of Homes.com, potentially expanding its services, and enhancing its market presence. Given CoStar's reputation for providing comprehensive and reliable real estate data, Kusch's leadership will be crucial in maintaining and improving the platform's offerings to meet the evolving needs of homebuyers, sellers, and real estate professionals.
As the real estate landscape continues to evolve, particularly with technological advancements and changing consumer behaviors, it's essential to watch how Kusch and CoStar navigate these shifts. Key areas to monitor include Homes.com's innovation in search and transaction tools, its expansion into new markets, and how it differentiates itself from competitors. The next steps for Homes.com and its performance under Kusch's leadership will provide valuable insights into the future of residential real estate and how industry leaders are adapting to meet the demands of a rapidly changing market.
Originally reported by housingwire.com. ASIDNews adds analysis for real estate & property readers.