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Real Estate

Google’s Seattle waterfront campus sells for record price in sign of confidence in tech office market

Vulcan Real Estate sold the two-block, four building Google campus overlooking Seattle’s Lake Union for $802 million, a price of… Read More

Podcast

How Zillow’s flexible work strategy is going, nearly two years later

Zillow Group knows a thing or two about homes, and during the past two years the Seattle-based online real estate… Read More

Redfin tops expectations for Q4 with revenue of $643M but stock sinks 13%

Redfin on Thursday reported fourth quarter revenue of $643.1 million and a $0.27 loss per share. Analysts expected revenue of… Read More

Zillow shares up 16% as real estate giant reveals ‘housing super app’ strategy amid iBuying closure

Zillow Group may be ducking out of the home-buying business. But now it has a new plan to make more… Read More

Vancouver B.C. startup Fraction expands home loan platform to U.S. homeowners

Fraction, a Vancouver, B.C.-based startup that gives people access to a home equity line of credit, is expanding beyond Canada… Read More

Doorstead launches real estate property management service in Seattle

Doorstead, a San Francisco-based real estate property management startup founded by former Uber employees, is starting to expand nationally and… Read More

Meta/Oculus expands in Seattle’s stadium district as tech giants anticipate regional light rail

All aboard the Meta Express? The parent company of Facebook and Oculus has renewed and expanded its office leases in… Read More

Amazon to expand further in Seattle region with big new Redmond office lease, filing reveals

Amazon has leased another large office space in Redmond, Wash., according to a permit filing that names the tech giant… Read More

Office space with an active twist: Founder of Seattle outdoor retailer Evo has big plans for new campus

During a time of increased uncertainty around the future of work and physical office spaces, the founder and CEO behind… Read More

Paul Allen

Paul Allen’s L.A. site sells for $65M, part of effort to scale back late Microsoft co-founder’s projects

A 120-acre site purchased by the late Microsoft co-founder Paul Allen for $20 million in 1997 in the Beverly Crest… Read More

Trulia to drop neighborhood crime data from home listings, after Redfin speaks out against practice

Trulia, one of Seattle-based Zillow Group’s real estate brands, says it will phase out the use of neighborhood crime data… Read More

Rental property investment startup Arrived secures $100M in credit financing to fuel U.S. expansion

Arrived Homes, the Seattle startup that helps people invest in single-family rental properties, is taking on $100 million in new… Read More

Meta grabbing more space in Bellevue’s Spring District with lease of fifth office building

Looking to expand its already sizable stake in Bellevue, Wash., Facebook’s parent company Meta is making a move on another… Read More

Zillow says it’s making good progress on home sales as it exits house-flipping business, announces $750M stock repurchase

Zillow Group says it is making good progress unloading homes it owns, announcing today that it has sold or is… Read More

Property services platform Lessen opening new Seattle office as it raises $170M in fresh funding

Lessen, a Scottsdale, Ariz.-based company that runs a marketplace platform for property services, is growing in Seattle as it gets… Read More

Lawsuit claims Zillow misled investors about state of home-buying business before shutdown

A proposed class action lawsuit alleges that Seattle-based Zillow Group concealed problems in its home-buying business from shareholders before abruptly… Read More

Podcast

When algorithms go bad: Zillow, Amazon, Facebook and the pitfalls of rampant automation

The downfall of Zillow’s iBuying business is a reminder of the downsides of relying too much on automation and machine… Read More

Seattle leads nation in office rent price increases, despite pandemic-fueled remote work changes

In spite of work-from-home changes within the tech workspace, the greater Seattle region led all markets nationally with a 15%… Read More

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

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

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

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

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

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

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

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

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

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

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

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

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