Today Zillow announce that it would acquire Trulia for $3.5 Billion in a stock for stock transaction. You can read the entire press release from Zillow here.
The deal is expected to close sometime in 2015. What this means for us as investors remains to be seen, but I’m curious to see what this does to each company, and more specifically, their websites.
Everyone is familiar with the famous “Zestimate”, and Trulia recently released their own property valuation metric.
For me personally, I tend to prefer Trulia when doing research on a property, although Zillow seems to have better information and records about property taxes.
Which one is your favorite, and what do you see in the future? Leave your comments below…
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