HouseValues to Release Earnings October 28th

  HouseValues, Inc. (NASDAQ: SOLD) today
announced it will release financial results for the third quarter on
October 28, 2008 at 4:00 p.m. Eastern time.

HouseValues will also be re-branding the company to reflect its expansion beyond its original namesake product, and to better represent the current breadth of both its products and its base of real estate professional customers. To facilitate communication with investors regarding these initiatives, the company has scheduled its regular quarterly conference call at 4:30 p.m. Eastern time, on Monday, November 17, 2008. To listen to the live conference call, please dial 719-325-4832. A live webcast of the call will be available from http://investor.housevalues.com. An audio replay of the call will also be available to investors beginning at 7:30 p.m. Eastern time through midnight Tuesday, November 18 by dialing 719-457-0820 and entering the passcode 64772905#.

About HouseValues Inc.

Founded in 1999, HouseValues, Inc. (NASDAQ: SOLD) provides real estate professionals with the tools and services they need to manage and grow their real estate businesses. The company's subscription software products include Realty Generator, a turnkey advertising and lead management system for real estate brokerage companies; and MarketLeader, a customer relationship management and lead management solution for real estate agents. The company also provides real estate professionals with access to industry-leading advertising and lead-generation services to help them attract new clients and promote themselves throughout their community.

Additionally, HouseValues provides consumers with free access to the information and tools they need throughout the home buying and selling process. The company's consumer websites include: JustListed.com a service that notifies home buyers as soon as new homes hit the market; HouseValues.com, a service that provides home sellers with market valuations of their current home; and HomePages.com, a real estate portal that enables consumers to see all the home listings in their area, view detailed neighborhood and school data, compare recent home sales, find local real estate agents, and find the value of their own home.

Real estate professionals can learn more about the company's services at www.realtygenerator.com and www.marketleader.com. For more information please visit www.housevaluesinc.com.

Forward-Looking Statements

This release contains forward-looking statements relating to the company's anticipated plans, products, services, and financial performance. The words "believe," "expect," "anticipate," "intend" and similar expressions identify forward-looking statements, but their absence does not mean the statement is not forward looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect the company's actual results include its ability to retain and increase its customer base, to respond to competitive threats and real estate market conditions, to manage lead generation and other costs, to develop new products and to expand into new lines of business, and to effectively re-brand the company. Please refer to the company's 2007 Form 10-K filed with the Securities and Exchange Commission for a more detailed description of these and other risks that could materially affect actual results. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. The forward-looking statements are made as of today's date and the company assumes no obligation to update any such statements to reflect events or circumstances after the date hereof.

SOLD: FINANCIAL

Investor Contact: Mark Lamb Director of Investor Relations HouseValues, Inc. 425.952.5801 [e-mail] Press Contact: Hugh Siler Siler & Company for HouseValues, Inc. 949.646.6966 [e-mail]