The blog will focus on the South Sound, state and national housing and rental markets, as well as cool Web sites, weird real estate trends and warnings about scams.
Please send along your questions and suggestions.
No-pitching policy
Open House is a forum to read about and discuss real estate issues. It is not a place to pitch your services. That means no direct solicitation, no phone numbers and no pushing readers to your Web site or place of business.
Rain City
Seattle area real estate blog
Seattle Bubble
Real estate and the housing bubble
The Real Estate Blog
National scope
Inman News
(National real estate news/research co. with a blog)
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Seattle-area blog on real estate, art and politics.
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Zillow.com said it is laying off 40 workers, about 25 percent of its staff, to weather the "economic storm."
The Seattle-based Web site provides consumers with estimates of their home's value based on market trends and sales.
"This was an incredibly painful decision for me and the leadership team, but, in the end, we concluded that we had no choice but to securely batten down the hatches as we sail into a major economic storm," said Zillow chief executive Rich Barton on the company's blog.
The staff reductions are effective Tuesday. Laid off workers will receive severance packages.
The housing industry has seen sales and prices fall steeply as mortgage money becomes increasingly hard to find. Some major banks and financial houses collapsed under the weight of subprime mortgage loans in recent weeks sending financial markets into a panic and prompting Congress to enact a $700 billion bailout bill.
