Andy Florance now ranks as one of the Top Ten Most Powerful Executives in the United States. He represents the residential real estate industry on this prestigious list. The Swanepoel Power 200 (SP 200) recently released these official 2026 rankings. Florance serves as the Founder and CEO of CoStar Group. He moved up the list for his third straight year. This honor highlights his major impact on the digital market.
Innovation in the Real Estate Market
CoStar Group continues to grow under his leadership. The company acquired Homes.com in 2021 for $156 million. That portal is now the fastest-growing site in the country. It helps agents manage their own brands. It also connects buyers directly to listing agents. The site saw 115 million monthly visitors in late 2025. This growth shows the strength of their business model.
“Being recognized on the annual SP 200 list is a testament to the relentless innovation and dedication of our entire team,” said Andy Florance. “We’ve stayed focused on building long-term value for the residential real estate industry by investing in technology, talent, and trusted data. This recognition reinforces our commitment to serving our customers and creating solutions that truly transform the way we experience and interact with real estate properties, insights, and data.”
The company recently added AI features to search tools. These tools help users find homes using natural language. CoStar Group currently employs over 8,400 people worldwide. It remains a key part of the S&P 500 Index. Florance remains a top choice for the Top Ten Most Powerful Executives in the United States. He continues to focus on long-term value for the industry. His vision helps digitize the global property market. He remains a leader for the Top Ten Most Powerful Executives in the United States through progress.
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Source: Businesswire
