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Real Estate

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

Mar 31, 2021, 10:36 AM

Seattle region ranks No. 1 in U.S. for tech office space leases as 14 big deals help eclipse Bay Area

The Seattle region is the leading U.S. market for large tech office space leases, eclipsing the San Francisco Bay Area… Read More

Mar 24, 2021, 6:00 AM

Vacation home startup Pacaso raises $75M, hits $1B valuation less than a year after launching

New funding: Pacaso raised $75 million in a Series B funding round and $1 billion in debt financing. The real estate… Read More

Mar 23, 2021, 10:07 AM

Trulia founder, Zillow vets invest in $1.5M round for new real estate startup Instashowing

Instashowing, a startup with an online real estate tool designed to help agents easily schedule home showings, has raised $1.5… Read More

Mar 19, 2021, 8:12 AM

Exclusive interview: Spencer Rascoff talks SPAC mania, home buying and why he’s created a stealthy social media startup with his daughter

When we reached out to entrepreneur and angel investor Spencer Rascoff on Tuesday with notes about appearing on the GeekWire… Read More

Mar 18, 2021, 7:43 AM

Google tops 6,300 employees in Seattle area, will invest $7B in new U.S. offices this year

The pandemic may have sent large portions of the Google workforce home. But the search giant is still expanding its… Read More

Spencer Rascoff
Mar 18, 2021, 6:05 AM

Ex-Zillow CEO Spencer Rascoff leads SPAC deal to acquire Offerpad, a rival to his former employer

Former Zillow Group CEO Spencer Rascoff is jumping back into the real estate game in a big way. Rascoff, who… Read More

Mar 11, 2021, 8:48 AM

Zillow to hire 2,000 employees — but they won’t all be in Seattle as distributed model takes root

Zillow Group plans to grow its employee base by 40% this year, adding more than 2,000 workers across the country… Read More

Mar 9, 2021, 12:45 PM

Zillow Group and NAR hit with antitrust lawsuit filed by Real Estate Exchange over home listings

Austin-based real estate startup Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court in Seattle against Zillow… Read More

Mar 9, 2021, 8:49 AM

Amazon leases another Bellevue office tower as it makes room for planned 25k employees in city

Amazon is making room for some of the 25,000 employees it plans to add in Bellevue, Wash., announcing Tuesday that… Read More

Mar 2, 2021, 10:59 AM

Zillow Group real estate rival Compass files for IPO, shows $3.7B in revenue for 2020

Real estate brokerage Compass filed for an IPO on Monday. The 8-year-old company reported $3.7 billion in revenue last year,… Read More

Feb 25, 2021, 10:23 AM

Zillow will use its Zestimate tool to make cash offers for home-buying service

Zillow Group is now using its well-known Zestimate home value estimation tool to make cash offers on homes. It’s part… Read More

Feb 24, 2021, 1:18 PM

Redfin beats Q4 earnings estimates with $244M in revenue and record traffic

Redfin beat analyst expectations for its fiscal fourth quarter, reporting revenue of $244.5 million, up 5% year-over-year, and earnings per… Read More

Jan 15, 2021, 8:02 AM

Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

Three weeks after its stock market debut, Seattle-based home services technology company Porch Group announced four acquisitions, including an agreement… Read More

Dec 24, 2020, 7:15 AM

Porch makes stock market debut, raising $322M to fuel its ambitions in home services technology

Serial entrepreneur Matt Ehrlichman was inspired to start Porch after encountering challenges during the construction of his family’s home. Eight… Read More

Redfin
Nov 20, 2020, 8:46 AM

‘This is big,’ Redfin says as Department of Justice moves to make buyer agent commissions public

Seattle-based real estate tech company Redfin is applauding action taken by the U.S. Department of Justice on Thursday against the… Read More

Nov 9, 2020, 9:10 AM

‘Simply put, people want to move’: Zillow and Redfin rebound as U.S. housing market surges again

The U.S. housing market is making a comeback — and that’s good news for online real estate giants Zillow Group… Read More

Nov 5, 2020, 1:50 PM

Redfin beats Q3 estimates but stock dips; CEO says company’s tech is a ‘passport to a new life’

Redfin beat analyst expectations for its fiscal third quarter, reporting revenue of $236.9 million and earnings per share of $0.32.… Read More

Nov 4, 2020, 8:05 AM

Seattle startup vets raise $1M and reveal more details about home valuation platform Plunk

Will that bathroom remodel increase your home’s value by more than $20,000? What about replacing the floors or adding a… Read More

Redfin sale sign
Oct 29, 2020, 1:23 PM

Fair housing groups file federal lawsuit accusing Redfin of ‘redlining’ minority communities

Seattle-based real estate tech company Redfin is facing allegations of discriminatory pricing practices and “redlining” in a lawsuit filed by… Read More

Oct 27, 2020, 10:02 PM

Former Zillow execs raise $40M seed round for Tomo Networks to reinvent how people buy homes

Two former top Zillow Group leaders are getting back in the real estate industry with new startup that aims to… Read More

Oct 27, 2020, 12:20 PM

Zillow cuts 80 Zillow Offers jobs, adjusting its approach in field offices as it eyes expansion

Zillow has cut about 80 positions from its Zillow Offers homebuying and selling operation, streamlining its management structure in some… Read More

Oct 22, 2020, 10:00 AM

Look who’s Arrived: Tech vets launch Seattle real estate startup to crowdfund rental home investing

Another tech-fueled real estate startup has arrived on the scene in Seattle. Arrived Homes is a crowdfunding platform that allows… Read More

Oct 9, 2020, 8:41 AM

Death of the HQ? Pandemic hits commercial real estate, but long-term trends still open to debate

“HQ’s are finished.” That was the hot take this week from Chris Herd, founder and CEO of remote work setup… Read More

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