Real Estate – Page 5 of 43

Nov 4, 2021, 4:32 PM

Zillow to lay off 47 workers in Washington state as part of Zillow Offers home buying shutdown

Zillow Group plans to lay off 47 workers in Washington state as part of the 2,000 company employees who will… Read More

Nov 4, 2021, 2:48 PM

Redfin CEO explains how its iBuyer home buying program avoided pitfalls that sunk Zillow Group

Zillow Group’s surprising decision this week to back out of iBuying raised questions about the overall viability of the tech-fueled… Read More

Nov 4, 2021, 10:50 AM

The risk-taking mentality of Zillow’s Rich Barton: ‘It takes just as much energy to swing for the fences as it does to bunt’

Editor’s note: This is a column written by GeekWire co-founder John Cook. “Why bunt?” That was the rhetorical question Zillow… Read More

Nov 3, 2021, 1:16 PM

Zillow shares tumble after iBuying fumble: Stock plummets 22%, but not all say the sky is falling

Zillow Group co-founder and CEO Rich Barton admitted on Tuesday that it was a “tough day” when the powerhouse real… Read More

Nov 3, 2021, 10:34 AM

Why the iBuying algorithms failed Zillow, and what it says about the business world’s love affair with AI

Just because a business process can be automated, doesn’t necessarily mean it should be automated. And maybe — just maybe… Read More

Nov 2, 2021, 1:06 PM

Zillow to shutter home buying business and lay off 2,000 employees as its big real estate bet falters

Zillow Group’s ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end.… Read More

Nov 1, 2021, 1:58 PM

Zillow stock dives ahead of earnings; analyst report says 66% of homes it bought are now ‘underwater’

A day ahead of its third quarter earnings report, Zillow Group’s stock took a hit on Wall Street as a… Read More

Oct 18, 2021, 2:12 PM

Zillow Group stock falls 10% after company says it will stop buying additional homes this year

Zillow Group announced Monday that it will not sign any new contracts to buy homes via its home-buying and selling… Read More

Oct 12, 2021, 10:00 AM

TikTok parent ByteDance sets up Bellevue WA office as first official presence in Seattle area

ByteDance, the Beijing-based parent company of social video app TikTok, is expanding in the U.S. with a 44,000-square-foot office in… Read More

Sep 15, 2021, 9:00 AM

Moving in after Amazon backed out: Inside Rainier Square, Seattle’s new office and residential tower

Two and half years after Amazon backed out of plans to occupy a giant new skyscraper in downtown Seattle, commercial… Read More

Sep 7, 2021, 10:13 AM

Opendoor acquires Seattle startup Pro.com and Skylight, will shut both platforms down

Opendoor, the online real estate giant that lets people directly buy and sell homes online, has acquired Seattle-based startup Pro.com… Read More

Aug 25, 2021, 6:00 AM

Real estate startup Flyhomes aims to address homebuyer’s remorse with new guarantee

A remedy for homebuyer’s remorse: Real estate startup Flyhomes today unveiled a new offering called Flyhomes Guarantee for Buyers that gives… Read More

Aug 16, 2021, 3:00 PM

Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven

Seattle-based home services technology company Porch Group boosted its second quarter revenue by 200% to $51.3 million, exceeding analysts’ expectations.… Read More

Aug 7, 2021, 6:30 AM

The new realities of real estate: Redfin CEO on tech, climate, housing, and the era of ‘a thousand HQs’

Redfin CEO Glenn Kelman joins us on this episode of the GeekWire Podcast to discuss the latest twists in the… Read More

Aug 5, 2021, 1:05 PM

Zillow beats Q2 expectations with $1.3B in revenue as it expects housing trends to boost growth

Seattle-based real estate company Zillow Group reported $1.3 billion in revenue Thursday for the second quarter, slightly beating analyst’s expectations.… Read More

Aug 5, 2021, 7:00 AM

Mining its own data, CityBldr builds tool to show cities the best places to build affordable housing

Engineers at CityBldr knew they were sitting on a goldmine of zoning and land data. After all, that’s how the… Read More

Aug 3, 2021, 9:26 AM

Redfin to include ‘climate risk’ in all listings as Americans consider climate change when buying

It’s no longer enough to consider whether you can simply afford a home, or beat out other potential buyers in… Read More

Jul 29, 2021, 8:53 AM

Real estate riches: Paul Allen’s Hawaii estate sells for $43M; Oprah home gets $14M on Orcas Island

High-priced real estate with Northwest connections has changed hands for top dollar according to reports out of Hawaii and Orcas… Read More

Jul 13, 2021, 5:01 PM

Facebook inks another lease in Seattle area, where it now has 7K employees and 3.3M square feet

Facebook is grabbing more space in the sprawling Spring District development in Bellevue, Wash., securing a lease for Block 5,… Read More

Jun 29, 2021, 4:00 AM

Amazon adding more space east of Seattle in Redmond for 800 new AWS jobs, Project Kuiper lab

Amazon is making more real estate moves east of Seattle, adding hundreds of Amazon Web Services roles in Redmond, Wash.… Read More

Jun 8, 2021, 8:20 AM

WeWork shutting down Ballard location in Seattle as it restructures real estate footprint

WeWork is closing its location in the Ballard neighborhood of Seattle less than two years after the space opened as… Read More

Jun 1, 2021, 1:16 PM

Are tech employees coming back to downtown Seattle? Here’s what companies are planning for

The plywood is coming down, restaurants that survived are adding hours and vehicle traffic in Seattle is growing from the… Read More

May 11, 2021, 9:15 AM

Redfin forecasts record $2.53T in U.S. home sales this year, up 17%, biggest gain since 2013

The news: Seattle-based real estate company Redfin is forecasting record U.S. home sales of $2.53 trillion this year, saying in… Read More

May 5, 2021, 1:44 PM

Redfin posts 40% revenue gain, says business ‘hitting on all cylinders’ as housing market booms

Redfin first quarter results: The Seattle real estate company saw a 40% surge in revenue in the first quarter, reporting… Read More

May 4, 2021, 1:05 PM

Strong housing market helps Zillow Group beat Q1 earnings expectations with $1.2B in revenue

Zillow Group Q1 earnings: The Seattle real estate giant beat expectations with $1.2 billion in revenue, up 8%, and earnings… Read More

May 1, 2021, 9:01 AM

Zillow Group responds to lawsuit filed by Real Estate Exchange, denies antitrust claims

The news: Seattle-based Zillow Group responded to an antitrust lawsuit filed by Austin-based real estate startup Real Estate Exchange in… Read More

Apr 23, 2021, 9:39 AM

iBuying ramps up after pandemic pause and despite hot real estate market for sellers

After taking a hit during the beginning of the pandemic, iBuying is ramping up with dozens of companies racing to… Read More

Apr 8, 2021, 10:07 AM

Vacancy rate hits 11-year high in Seattle area as office space market enters recovery mode

New report: A market analysis for the first quarter of 2021 from the commercial real estate company Broderick Group expresses… Read More

Apr 6, 2021, 6:57 AM

Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

Porch Group, the Seattle-based home services software company, completed its $100 million acquisition of Homeowners of America Inc. on Tuesday… Read More

Apr 2, 2021, 10:44 AM

Amazon reveals design plans for second skyscraper as part of major campus project in Bellevue

Amazon has revealed its proposed design for a second office tower as part of its Bellevue 600 project, further solidifying… Read More