Selinger now serves as CEO of RichRelevance

Redfin’s first CTO explains lawsuit against the company, says he just wants to be treated fairly

David Selinger is a die-hard Redfin supporter. He’s purchased homes through the online real estate service, and speaks highly of Redfin boss Glenn Kelman whom he calls “an amazing CEO.” Selinger, who runs the data analytics startup RichRelevance, has even been known to exchange recruiting tips with Kelman, since both companies operate dual offices in… Read More

Matt

Porch strikes deal with Realtor.com to deliver home-improvement reports

Home-improvement data startup Porch is partnering with Realtor.com to launch a new product, the “Porch Home & Neighborhood Report,” that promises to give prospective homebuyers new insight into the history of specific homes and neighborhoods. The partnership with Realtor.com, announced this morning, expands the Porch business into real estate while creating a new connection between… Read More

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Online real estate marketplace Auction.com grabs $50M from Google Capital

Another day, another Internet startup with a billion dollar valuation. This time it’s Auction.com, an Irvine, Calif.-based online real estate marketplace that reportedly has raised $50 million from Google Capital at a $1.2 billion valuation. Auction.com claims to be the country’s leading online real estate marketplace with $26 billion worth of residential and commercial property… Read More

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Is this Realtor’s Web site a direct rip off of Redfin?

Take a look at the Web site of Asset Realty Group, and you might start to see some striking similarities to Redfin. Tim Ellis, a longtime real estate watcher who pens the popular Seattle Bubble blog, discovered those similarities recently and started asking some questions. The result? Ellis contends that the Asset Realty Group’s site… Read More

Video thumbnail for youtube video Get ready to hear more from Zillow: Online real estate powerhouse will spend $65M on advertising in 2014

Get ready to hear more from Zillow: Online real estate powerhouse to spend $65M on advertising in 2014

Zillow is doubling down on national advertising in an attempt to bolster its brand in the online real estate category. Zillow CEO Spencer Rascoff announced today in an earnings call with analysts that it intends to spend $65 million on advertising in 2014, up from $40 million last year. (The first year that Zillow experimented… Read More

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Zillow posts record net income of $2.7M as Q4 sales rise 70%

Zillow just posted another blockbuster quarter, beating analysts estimates and charging ahead of its original forecasts. The Seattle online real estate company, which was founded in 2005 by former Expedia veterans Rich Barton and Lloyd Frink, posted record revenue of $58.3 million for the fourth quarter, up 70 percent over the same period in 2012…. Read More

Selina Tobaccowala

Evite co-founder, former Priceline.com CFO named to the board of Redfin

Redfin is bolstering its board of directors, a sign that the Seattle online real estate company may be positioning for an initial public offering. The company announced today that Robert J. Mylod, Jr., the former vice chairman and chief financial officer at Priceline.com, and Selina Tobaccowala, president and chief technology officer at SurveyMonkey, have joined the board. Tobaccowala… Read More

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Housing report: Tech hubs see prices and rents soar

Looking to buy a house on the cheap? You may want to stay away from the top tech hubs in the U.S. That’s the finding from a report released this week by Trulia, the online real estate company with operations in San Francisco and the Seattle area. After analyzing housing prices, Trulia found that prices… Read More

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Chart: Zillow nears 70 million monthly visitors

Zillow continues to fire on all cylinders, bolstered by an improving economy in which Americans are thinking more about buying and selling homes. The Seattle company announced today that its unique visitor count for the month of January hit 69.8 million — a huge uptick from 52.1 million visitors in the month prior. It was… Read More

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Red hot rentals: Seattle’s South Lake Union now more expensive than some San Francisco neighborhoods

Rental rates are creeping up in Seattle’s South Lake Union neighborhood, surpassing prices in even some of the hottest neighborhoods in San Francisco. According to an analysis by online real estate company Trulia, the median rental price per bedroom in South Lake Union comes in at a whopping $2,248. That makes it the most expensive… Read More

themelis11

Meet ZipDigs: Yes, here comes another real estate startup

Seattle, for whatever reason, has emerged as the epicenter of all things online real estate. From Redfin to Imprev to Zillow, the region has spawned a number of innovative up-and-comers in the category. (See last weekend’s podcast for more on this topic: How tech is reshaping real estate, with Estately’s Galen Ward). Now, here comes… Read More

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Who is the mysterious cybersecurity firm eyeing the historic seminary building at Saint Edward State Park?

It’s getting tougher for tech companies to find office space in the Seattle region, which is leading some entities to get creative. And one mysterious Seattle area cybersecurity company may have discovered a historic — yet dilapidated and underutilized — gem. The old Saint Edward Park Seminary building — constructed in 1931 and listed on… Read More