Boom Time for Zillow, Trulia, Other Web Home-Search Firms
Prices of Bay Area homes are climbing quickly, but not as fast as the value of Bay Area technology companies that help people search for homes online.
This year, for instance, the share prices of real-estate Web-search companies Trulia Inc. and Move Inc., both with headquarters in the Bay Area, have surged nearly 90 percent and 60 percent, respectively. Shares of Seattle-based Zillow Inc., the most-visited online home-search service, are up 90 percent.
