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by CareyBot

Kirkland, Wash.-based HouseValues, an online marketing partner to real estate and mortgage professionals, today reported its third-quarter earnings more than doubled from the same period a year ago. Third-quarter 2005 net income was $4.3 million, or 16 cents per diluted share, compared to $1.6 million, or 7 cents per diluted share, in net income for the third quarter of 2004. HouseValues had an 82 percent increase in revenue for the third quarter of 2005, at $23.3 million. In after-hours trading, the company's stock (Nasdaq: SOLD) was up $1.62 a share, at $16, an 11.27 percent increase. The earnings of 16 cents per share beat the Reuters Estimates consensus of 12 cents, reported. "We achieved record quarterly results while continuing to make significant strategic inv...