Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

In Seattle’s first IPO of the year, Redfin stock quickly takes off

Seattle-based Redfin pairs real estate agents with its custom-built  technology in an attempt to transform the way people buy homes. (Redfin)

Redfin is the third-most popular real estate website in the country but its brokerage business hasn’t upended the industry the way the company hoped — it sells just 0.6 percent of U.S. homes.

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