42 posts and columns on Zillow
News ByteHotPads, a rental listings site, for $16 million in cash. The acquisition marks the Seattle company’s sixth in less than two years. Zillow said the seven-year-old company will help grow the audience for its rental marketplace, which it launched last month. HotPads has 19 employees, who will continue to work from the company’s San Francisco office.
News Byteexpecting real estate marketplace Trulia to set its IPO price somewhere in the $14 to $16 neighborhood, but the market must have looked favorable, because TRLA will debut at $17 on the NYSE tomorrow. The six-million-share offering (one million of that from existing investors) will bring in $102 million. In going public, Trulia follows sector leader Zillow, which hit the market last year at $20 and closed Wednesday at $45.55.