Outlook Is Bright as Zillow and Trulia Merge
The two most popular real estate search engines now reside under one roof, as Zillow has completed its acquisition of Trulia.
According to CNBC, shares of Zillow rose more than 10 percent on Wednesday, as a result of the news of potential cost-cutting.
“The synergy potential here is significant,” Zillow CEO Spencer Rascoff told the news outlet. “There will be significant cost savings as a result of that.”
Image via flickr/Mark Moz