MERCER ISLAND, WASH. WHAT: A 3-bedroom oak house on a wooded lot HOW MUCH: $875,000 SIZE: 3,110 square feet PER SQUARE FOOT: $281 SETTING: Mercer Island is a secluded, woodsy community on Lake Washington, between Seattle and Bellevue. The area is known for its well-regarded public schools and rustic atmosphere. The shops and restaurants in […]

Online real estate company Zillow    announced Wednesday that it will buy San Francisco-based RentJuice Corp. for $40 million in cash. Zillow also posted record revenue for the first quarter of 2012 and a profit of $1.7 million, compared to an $800,000 loss in the same quarter last year. Profits per share were $0.06, compared […]

Last week, the National Association of Realtors (NAR) released their Pending Sales Report which showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010. The index stood at 101.4 which represents a level that […]

HomeStreet Bank    saw a big boost in profits for the first quarter of 2012, compared to a loss a year ago, as the Seattle-based bank continues to show revved-up life 11 weeks after going public and raising $88.7 million from shareholders. HomeStreet Inc. (HMST), the parent company of HomeStreet Bank, reported net income of […]