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Redfin CEO addresses ‘painful’ restructuring; stock dips 11% after Q4 earnings miss expectations

This story originally appeared on Real Estate News. Redfin closed out 2024 with a healthy bump in revenue, but profits… Read More

Zillow vets launch HouseWhisper, giving real estate agents an AI assistant to help with workload

Three veterans of Zillow Group who helped turn the Seattle real estate company into a tech powerhouse have joined forces… Read More

Redfin to lay off 450 employees after inking new rentals partnership with Zillow Group

This story originally appeared on Real Estate News. While a new listings partnership between Redfin and Zillow is expected to benefit… Read More

Redfin sees uptick in downtown Seattle apartment rents, and watches for further Amazon effect

The median asking rent for an apartment in downtown Seattle rose for the first time in 17 months, according to… Read More

Zillow makes job cuts after reorganizing agent software and advertising teams

Seattle-based real estate company Zillow Group laid off an unspecified number of employees, the company confirmed Friday. According to a… Read More

Redfin lays off 46 employees in latest cuts at Seattle real estate company

Redfin laid off 46 employees on Thursday, in another round of job cuts at the Seattle-based real estate company. A… Read More

Zillow is the future of the Multiple Listing Service, says Compass CEO

[This story originally appeared on Real Estate News.] BOSTON — Compass CEO Robert Reffkin has been vocal in his opposition to… Read More

Get in the picture: High-tech ‘Portal’ is a visual delight for those entering Seattle office building

Stepping into work never looked this good. A digital “moment of zen” has taken shape at a downtown Seattle office… Read More

Seattle home-inspection services startup Inspectify raises $5.3M

Seattle-based home-inspection services startup Inspectify raised $5.3 million in new funding. Founded in 2019, the company provides inspection software and… Read More

Zillow expands AI home search capabilities in tech race among major real estate portals

Zillow says users of its AI-powered residential real-estate search feature will be able reference additional criteria when searching for homes… Read More

Podcast

Zillow Group has a new CEO: Rich Barton hands reins to longtime exec Jeremy Wacksman

Zillow Group named a new CEO, longtime company executive Jeremy Wacksman, announcing that co-founder and two-time CEO Rich Barton will… Read More

Allen Institute for AI’s new office lease bolsters an emerging artificial intelligence corridor in Seattle

Despite its significance in the world of artificial intelligence, the Allen Institute for AI (AI2) can be tough to find… Read More

WeWork plans to hold onto five more co-working spaces in Seattle area

WeWork plans to hold onto five more of its co-working spaces — bringing the total to 10 — in the… Read More

Zillow CEO on NAR settlement fallout: ‘Resist the urge to chaos’

[This story originally appeared on Real Estate News.] SCOTTSDALE, Ariz. — When looking toward Zillow’s future, CEO and co-founder Rich Barton… Read More

WeWork files motion to hold onto another co-working space in Seattle amid restructuring

WeWork is looking to hold onto another location in Seattle, negotiating new terms with its landlord and filing a court… Read More

Global health nonprofit PATH moving to new HQ space in Seattle that was once home to Tableau

PATH, the global health nonprofit, is moving to a new headquarters space in Seattle’s Fremont neighborhood after 15 years in… Read More

Redfin trims losses in Q4 as it navigates ‘dreadful’ housing market

Redfin shares were down more than 2% in after-hours trading after the company reported its fourth quarter earnings. Related: Redfin… Read More

Zillow calls immersive home tours on Apple Vision Pro ‘the next best thing to being there in person’

Zillow is embracing the new Apple Vision Pro as the ultimate way to experience interactive home tours, launching its Zillow… Read More

WeWork closing co-working office space in Seattle’s Capitol Hill amid bankruptcy fallout

Co-working giant WeWork is closing a signature Seattle location amid its efforts to restructure and survive its recent bankruptcy filing.… Read More

Amazon’s birthplace is back on the market: Visitors flock to the house ‘where it all started’

BELLEVUE, Wash. — With an asking price of $2.28 million, the three-bedroom, two-bathroom house at 10704 NE 28th St. is… Read More

Zillow Group sues listing services in Arizona and Wisconsin over ShowingTime access

Zillow Group and ShowingTime have announced a new lawsuit against the Arizona Regional Multiple Listing Service (ARMLS) and Wisconsin’s Metro… Read More

Slalom moving its HQ and name to ‘Hawk Tower’ near Seattle sports stadiums

A new company will make its nest in Seattle’s “Hawk Tower” in the new year. Seattle-based business and technology firm Slalom… Read More

Redfin ready for a ‘revolution’ after commissions verdict

[This story originally appeared on Real Estate News.] Redfin is on the “right side of history” in the wake of the… Read More

Redfin revenue dips 12% in Q3 to $269M as it navigates slow housing market

Redfin met expectations for its third quarter earnings report with $269 million in revenue, down 12% year-over-year, and a net… Read More

Seattle office space demand is lowest among U.S. cities measured in new report

The demand for office space in Seattle is the lowest among all cities measured in a new report from VTS,… Read More

Zillow Group ‘well positioned to thrive’ despite commissions trial outcome, CEO Rich Barton says

[This story originally appeared on Real Estate News.] Zillow shared some good news with investors Wednesday, reporting $496 million in revenue… Read More

Zillow Group acquiring Follow Up Boss for up to $500M in quest for ‘housing super app’

[This story originally appeared on Real Estate News.] Zillow Group is adding to its arsenal of agent tools with the acquisition… Read More

Redfin leaves the National Association of Realtors: ‘Enough is enough,’ Glenn Kelman says

This story originally appeared on Real Estate News. Redfin is cutting ties with the industry’s top trade organization. Early Monday morning,… Read More

Zillow wins jury verdict in lawsuit over its display of non-MLS home listings

This story originally appeared on Real Estate News. A jury determined that Zillow did not make deceptive changes to the… Read More

Seattle real estate startup Flyhomes to acquire assets from ‘buy before you sell’ company

Seattle-based real estate startup Flyhomes this week announced it plans to acquire certain assets from Home Sale Assured, a Chicago-area company… Read More