RICHMOND, VA–Washington D.C. based real estate firm, CoStar, announced Monday of their expansion to Richmond creating more than 700 jobs for the area.

The owners of, plan to take advantage of Richmond’s highly populated college student radius (from both Virginia State University and University of Richmond) for potential employees as well as the cities affordable cost of living.

According to sources, CoStar headquarters will have officially migrated to Richmond by the end of the year. Employees will be rooted in research as well as software development to aid millions of online traffic in their quest for real estate on