Online real estate marketplace grabs $50M from Google Capital

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


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

Zillow traffic

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 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, 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


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


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


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


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


Paul Allen sells 292-acre private island for $8 million

Microsoft co-founder Paul Allen has sold a 292-acre private island near Anacortes, selling the property for $8 million. That may seem like a lot of coin for a largely desolate island in the San Juan chain, accessible only by boat, seaplane and plane. But Allen listed the property for sale in 2005 for $25 million,… Read More


Commercial real estate upstart Hightower lands $2.12M, moves to NYC

Hightower, a startup that is looking to modernize the commercial real estate industry, has landed $2.12 million in seed funding. The deal was led by Bessemer Venture Partners and Thrive Capital, with participation from RRE Ventures and a number of well known angels such as Box CEO Aaron Levie; Gary Vaynerchuck; and David Tisch. Interestingly, the deal… Read More


Photos: Bill Gates to buy Mexican resort for $200M

Getting a room at the luxurious Four Seasons Punta Mita in Mexico is outside the realm of possibility for most folks, with rooms now going for more than $1,500 per night. But what about owning the entire 173-room resort? That’s something that Microsoft co-founder Bill Gates just picked up, paying a cool $200 million for the… Read More