The Homestore Saga: An Inman Special Report

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The tumultuous story of an online real estate company

The story of Homestore and its Web site is a classic and chilling tale of power and greed that includes something for everyone. It’s a story of dot-com mania and megabucks, mergers, and acquisitions, hirings, and firings failed ventures and high-flying stock valuations, suspicious dealings and shady characters, phony financial statements and allegations of fraud, and finally investigations by the U.S. Department of Justice and the Securities Exchange Commission and a $1 billion class-action shareholder lawsuit.