Pete Carey Pete Carey (16 Posts)

Pete Carey covers residential real estate and occasionally reports on tech companies. He wants your tips on market trends, oddball features and things that need investigating..

Tech entrepreneur pays $1.6 million in bitcoin for Tahoe property

  Martis Camp, a luxury retreat near Lake Tahoe, says a Silicon Valley entrepreneur recently bought an undeveloped site for $1.6 million in bitcoin, "potentially" the largest bitcoin real estate deal ever. The buyer was not identified. The deal trumps $500,000 sale Read More →

Tech-driven ZipRealty acquired by Realogy

ZipRealty, the Emeryville-based tech-driven real estate company, has agreed to be acquired by Realogy for $166 million in cash. The acquisition includes ZipRealty's software platform and data analytics and customer relations software that includes a lead scoring tool for Read More →

Fortune profiles John Arrillaga, Silicon Valley real estate tycoon

If Silicon Valley real estate billionaire John Arrillaga were starting out today, he knows where he'd invest - "the Bay Area for sure," according to his son-in-law Marc Andreessen as quoted in a Fortune Magazine profile. Arrillaga and his partner, Read More →

Move wins round against Zillow in trade-secrets case

A Washington state superior court judge on Monday granted a preliminary injunction against Zillow in a trade-secret lawsuit over its recent hiring of Errol Samuelson, who was a chief strategist for Move Inc., (, based in San Jose. The two online Read More →

$1 million for that?? You don’t get much house in the Bay Area for $1 million, says Trulia

The tech boom has pumped up Bay Area real estate prices so much that $1 million will get you a fixer-upper — if you can find one. OK, that may be an exaggeration, but not by much. In Palo Alto, $1 Read More →

Economists say California economy dipped in January

Comerica Bank's economic index reported dip in overall economic activity in California in January, due to a lull in hiring. But not to worry - the economy should improve through 2014 and Silicon Valley tech stocks are showing solid gains, Read More →

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