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Real Estate

Zillow Group tops expectations but feels ongoing headwinds from tough housing market

Zillow Group revenue rose slightly to $506 million in the second quarter, well ahead of its prior guidance of $451… Read More

Zillow taps into AI to power new immersive features in virtual home tours

Seattle-based real estate technology company Zillow is leveraging artificial intelligence to create more immersive listings designed to stand out from… Read More

Real estate investment and property management platform Picket lands $20M

The News: Seattle startup Picket Homes raised $20 million to boost development of its platform that helps investors analyze, purchase… Read More

One-third of home sales are all-cash, the highest level in a decade, amid rising mortgage rates

The share of U.S. homebuyers making all-cash purchases hit a decade-high in April, with one-third of buyers bypassing mortgage loan… Read More

Redfin

Redfin’s latest layoffs come a few months after it said housing market had started to recover

After predicting that the sluggish housing market had started to rebound in January, Redfin this week blamed real estate market… Read More

Redfin lays off 201 employees as housing market continues to retrench

Redfin laid off 201 employees, or about 4% of its workforce, on Tuesday as it continues to trim expenses in… Read More

UW prevails in lawsuit filed by developer that lost bid to build new clean energy research facility

The University of Washington will move ahead with a building envisioned as a gateway into a reimagined part of its… Read More

Seattle business and tech leaders call for bold corporate action on housing crisis

A new report commissioned by Challenge Seattle, a coalition of business and tech leaders, says more companies need to help… Read More

New renderings show Univ. of Washington building that will house clean energy research and more

Newly released renderings show a building planned for the west campus of the University of Washington in Seattle that will… Read More

Zillow acquires real estate marketing company VRX Media to boost listing services

Zillow Group announced Thursday that it acquired Milwaukee, Wis.-based marketing service VRX Media, a move that broadens its suite of… Read More

Redfin CEO: ‘The housing market could get worse’

The U.S. housing market continues to show signs of weakening, impacting Seattle real estate tech companies such as Zillow Group… Read More

DoorDash expanding engineering footprint in Seattle with new downtown office space

DoorDash, the food ordering and delivery company, is expanding its office footprint in Seattle two years after starting an engineering… Read More

Real estate giant Compass lays off 84 workers in Washington state as it targets tech team for cuts

New York-based real estate brokerage Compass has laid off 84 employees based in Washington state as part of a reduction… Read More

Pioneer Collective moving longtime co-working space to Seattle’s Ballard neighborhood

When it comes to co-working spaces in Seattle neighborhoods, Pioneer Square’s loss is Ballard’s gain. The Pioneer Collective has moved… Read More

Real estate investment startup Arrived Homes adds vacation rental properties to platform

Arrived Homes, a Seattle-based startup that allows investors to buy shares of single-family homes, is adding short-term vacation rental properties… Read More

Redfin CEO gets into real estate reality TV with spot on new Netflix show ‘Buy My House’

As CEO of Seattle-based real estate company Redfin, Glenn Kelman knows plenty about the realities of the housing market in… Read More

Seattle real estate startup Flyhomes cuts 20% of staff, citing ‘uncertain economic conditions’

Flyhomes is the latest tech startup to cut jobs. The Seattle real estate company laid off approximately 20% of its… Read More

No going back: Anticipated return to office ‘has failed to materialize’ in Seattle, report says

Offices in Seattle will remain partly empty until 2024.  At least, that’s what commercial real estate company Broderick Group predicts… Read More

This Seattle startup aims to simplify investing in single-family rental properties

A husband-and-wife duo and tech veteran are jumping into the crowded space of real estate investing with a startup that… Read More

Seattle startup JetClosing, which launched in 2016 to digitize home closing process, is shutting down

JetClosing, a 6-year-old Seattle startup that digitizes the home closing process for buyers, sellers, and realtors, is shutting down, GeekWire… Read More

Redfin prevails over co-founder in patent trial

A federal jury in Texas this week sided with Redfin in a patent lawsuit brought two years ago by Surefield,… Read More

Redfin will implement internal fair housing monitoring system in $4M legal settlement

Seattle-based real estate company Redfin agreed to pay $4 million and implement a new internal monitoring system to settle a… Read More

New aerial video shows Microsoft’s progress on massive HQ revamp

Microsoft released a new video Wednesday that shows the latest progress on a multi-year redevelopment project reshaping a large swath… Read More

Another real estate tech startup comes calling in Seattle, as Knock offers its financing services

Knock has come knocking in the Seattle-area real estate market. The company, which helps homebuyers compete with cash to sweeten… Read More

Redfin launches rental search, building off $608M acquisition of RentPath

Redfin is now offering rental search on its platform, adding to its listings of for-sale homes. The rental search is… Read More

RealNetworks unveils device that uses facial recognition for office access, replacing key cards

A new device unveiled by RealNetworks on Wednesday morning uses facial recognition to replace traditional key cards for access control… Read More

Tomo, a ‘PayPal for the mortgage industry’ fintech startup, lands $40M at $640M valuation

Tomo, a startup founded by former Zillow execs that aims to speed up the mortgage approval process, raised a $40… Read More

With help from Zillow, this nonprofit wants to change the game for high-risk renters

It’s no secret that there’s a housing crisis in the Seattle area. Bidding wars abound. Rents are up nearly 30%… Read More

Microsoft employees will return to a campus that’s in the midst of a massive transformation

REDMOND, Wash. — After working from home for more than two years, Microsoft employees returning to the company’s headquarters starting… Read More

In Seattle and across U.S., tech is gobbling up office space, even as remote and hybrid work takes hold

Even as companies and employees continue to grapple with what the future of work will look like, and where that… Read More

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  • New head of Alliance of Angels excited to hit ‘refresh’ on longtime startup investment group

  • End of an era: Microsoft to shut down Skype, shifting users to Teams, 14 years after $8.5B deal

  • Amazon commits $100M to Bellevue to ‘accelerate’ production of affordable housing

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

  • Allen Family Foundation awards $5M to support and study six nature-based carbon removal projects

  • Tech Moves: UW professor wins prestigious honor; T-Mobile board shuffle; and more

  • Nautilus CEO needs investor patience in pursuit of ‘incredibly ambitious’ biotech product

  • Automating ‘science of war’: Exia Labs raises $2.5M to build AI for military operations

  • Microsoft asks Trump to loosen chip export limits to avoid giving China an AI advantage

  • Jeff Bezos’ fiancee, Lauren Sanchez, will lead female crew on Blue Origin’s next space trip

  • Kestra Medical Technologies aims to raise $150M in IPO

  • Starbucks layoffs impact more than 600 workers in Washington state

  • GeekWire 200 CEO survey: Tech startup leaders on the economy, RTO, AI, and key priorities for 2025

  • Nautilus Biotechnology lays off 16% of workforce, plans release of commercial platform in 2026

  • Amazon’s new quantum chip joins race to enable next era of computing

  • Amazon Web Services focuses on optimizing artificial intelligence in space

  • Inspectify acquires Aloft in Seattle real estate startup deal

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