Real Estate

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

Podcast

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Podcast

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