HouseValues CFO Jumps Ship

HouseValues, a locally-based online real estate agent lead generator has been swirling the drain since the national real estate market first started slowing down last year. They were in the news again yesterday, as their CFO jumped ship. For the second time in a year, Kirkland-based HouseValues is restructuring its executive team and laying off […]

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Kirkland-Based HouseValues Continues Slide

More bad news for local real estate lead-generation company HouseValues: Amid a slumping real estate market, HouseValues Inc. is cutting 12 percent of its work force and closing its online lead generation business for mortgages. Sixty employees are losing their jobs, all at the company’s Kirkland headquarters.…In a memo to employees, HouseValues Chief Executive Ian […]

HouseValues’ Value Drops

Despite Seattle’s resilience so far, the deflating bubble elsewhere around the country continues to affect businesses based in the Seattle area. The latest victim—HouseValues—took a hit last week. Last year’s booming housing market helped pump up 2005 profits at Kirkland-based HouseValues, but the company’s forecast for the current year led to a 28 percent stock-market […]