The real estate market in the U.S. is quickly picking up pace again, and last month, Zillow‘s mobile traffic hit a new record with 89 homes viewed per second (up from 75 homes the month before). Today, almost exactly four years after it first launched its Zillow for iPhone app, the service is relaunching its iOS apps with an updated homescreen and restructured navigation. On the iPad, Zillow… → Read More
Zillow today launched the latest version of its Rentals mobile app for Android. The app includes a number of new features, such as integrated 3D maps from Google, but it also marks the company’s first foray into offering foreign language support. The Zillow Rentals app now features Spanish-language support in an effort to “better serve the rapidly growing Spanish-speaking community in… → Read More
Real estate site Zillow came in ahead of analyst estimates in its just-released fourth quarter earnings report, with $34.3 million in revenue and net income of $0.5 million.
The revenue number is a record for the company, and it’s also up 73 percent year-over-year. Of the total, $26.8 million came from the marketplace and $7.5 million came from display advertising. → Read More
Google just added a few more features to Google Now on Android 4.1+. Starting today, Android users will be able to see information from even more third-party services on Google Now, including movie ratings from Rotten Tomatoes, tickets you have purchased on Fandango and, if Google realizes you are looking for real estate, listings from Zillow. → Read More
Pinterest is a mecca for users to share home decor pictures they love, or to post their own remodeling efforts within their apartment or home. Houzz has also become a go-to destination to share and find remodeling ideas and inspiration. So it makes sense for, Zillow, the online sales and rental marketplace for homes and apartments, to try to tap into this movement. The the online real estate giant… → Read More
RoomHunt, which is launching today, wants to become the go-to aggregator for rental listings, starting with the competitive San Francisco market. The Web has changed how we search for long-term rentals, and companies like Zillow, Trulia and Zumper all want to become the destination sites for potential renters and landlords in the cities they cover. With the exception of a few services like … → Read More
It’s no secret that real estate site Zillow has been putting quite a bit of emphasis on the rental side of the housing market recently. Today, the company is expanding its portfolio of tools for rental professionals with the launch of its free property management websites for property managers and rental agents. → Read More
Zillow just announced that it has acquired the San Francisco-based rental and real estate search site HotPads for $16 million in cash. The deal is expected to close in the fourth quarter of 2012. This acquisition marks the first time that Zillow has acquired a primarily consumer-facing company and Zillow says it is making this acquisition to “expand the size of its growing rental audience and… → Read More
Real estate site Zillow just released its third-quarter earnings report, once again coming in just ahead of what Wall Street analysts had predicted. The company said it saw $31.9 million in revenue and earnings of 8 cents per share in the quarter ending September 30. That’s up from revenue of $19.1 million and EPS of 2 cents during the same quarter last year.
The revenue numbers break down to… → Read More
Real estate search giant Zillow has acquired Buyfolio, an online and mobile collaborative shopping platform where home shoppers can search, track, organize and discuss for-sale listings with their real estate agent, significant other or a private group. Financial terms were not disclosed. → Read More
Online real estate service Zillow is expanding its real estate listings today by adding “pre-market inventory” — specifically, homes that have either been foreclosed or are in the foreclosure process.
Increasing the selection of available homes is particularly important now, Zillow says, because the inventory of for-sale homes listed on the site has fallen by 20 percent over the past year. → Read More
Zillow just announced the launch of Zillow Rentals, the company’s new ad free marketplace for rental professionals and landlords. Zillow Rentals, the company says, will allow it to help serve rental professionals to better market and manage their listings. → Read More
After debuting on the NASDAQ last year, real estate search engine Zillow is filing a follow-on offering, seeking to sell 3.175 million shares of the company’s Class A common stock. An additional 325,000 shares of its Class A common stock will be sold in the offering by shareholders.
The company, whose shares closed at $42.43 today, saw record revenue in Q2 of $27.8 million, up 75 percent year… → Read More
Online real estate site Zillow came out slightly ahead of analyst predictions in its second quarter earnings results, reporting $27.8 million in revenue and earnings of 5 cents per share. Wall Street estimates had put revenue at $27.1 million and earnings at 4 cents per share.
Net income was $1.3 million, down from $1.6 million during the same period last year. → Read More
Zillow, the popular online real estate search engine, just announced that it has closed its previously announced $40 million acquisition of RentJuice. With RentJuice, Zillow now owns a rental relationship management service for landlords, property managers and rental brokers that helps them market their inventory and client relationships. RentJuice is currently being used to manage one million… → Read More
Between gossip and rumors and gossip and more rumors, the Silicon Valley day-to-day is so dramatic Bravo is turning it into not one but two TV shows. No joke. That doesn’t convince you? Well, how about this?
Anyways, I’m in the middle of tracking down a huge funding story but want to get a (separate) rumor du jour out there to you guys, because I’m experimenting with this whole “process… → Read More
Real estate listings site Zillow reported its first earnings as a public company today, after debuting on the NASDAQ in mid-July. Zillow revealed record revenues of $15.8 million in the second quarter, up 116% year-over-year. Net Income for the quarter came in at $1.6 million, compared to a net loss of $2 million in the same period a year ago and a net loss of $0.8 in the first quarter of 2011. → Read More
It’s time for TechCrunched, where we take some of the most popular stories running on TechCrunch and put them together for you in a quick video package. This week was a big one for Apple, with stellar earnings and new products. Google+ took the iTunes App sStore by storm. And Zillow had a big IPO. If something grabs your attention, make sure to click on the links below to get more… → Read More
Shares of real estate listings site Zillow began trading on the NASDAQ under the symbol ‘Z’ today, opening at $60 per share. This gives the company a whopping $1.6 billion valuation. Zillow priced its IPO at $20 per share yesterday, after upping the pricing of its IPO to $16 to $18 per share, from the initial range of $12 to $14 per share. While the stock price soared to $60 per share in first… → Read More
Real estate listings site Zillow has just priced its IPO at $20 per share, giving the company a $539 million valuation. Last week, the company upped the pricing of its IPO to $16 to $18 per share, from the initial range of $12 to $14 per share. Zillow, which will begin trading under the symbol “Z” on the NASDAQ tomorrow morning, will raise as much as $79.6 million in the offering.
The… → Read More
Real estate listings site Zillow has just filed additional documents with the SEC indicating the initial range for the company’s upcoming IPO. Zillow’s price range will start at $12 to $14 per share, giving the company a $378 million valuation. The company aims to raise as much as $55.7 million in the IPO. Zillow will begin trading under the symbol “Z” on the NASDAQ.
Zillow, which initially filed… → Read More
Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can… → Read More
As we reported earlier, Pandora will start trading tomorrow on the New York Stock Exchange under the single letter symbol “P”. By doing so, it becomes the first Silicon Valley consumer Internet company to join the exclusive one-letter stock ticker symbol club.
That club was once reserved for the big blue-chip industrial companies: Chrysler (C), Ford (F), Sears (S), U.S. Steel (X), and Woolworth… → Read More
As expected, real estate listings and search site Zillow has just filed its S-1, which indicates that the company will be pursuing a public offering. Zillow wants to raise $51.75 million in the offering, according to the SEC filing. It’s important to note that this is a placeholder amount that could change in the coming months. It appears that Citigroup is one of the underwriters of the IPO… → Read More
Real estate listings and search site Zillow has acquired Postlets, a online real estate listing creation and distribution platform. Terms of the deal were not disclosed.
Founded in 2005, Postlets allows individual real estate agents, property managers and landlords to create listings and send them to 13 real estate and social media websites. The free platform itself makes syndication of listings… → Read More
The real estate bust is still dragging down the economy, but some startups are making the best of a bad situation. Real estate search engine Trulia, is still growing by zeroing in on subscription services for real estate agents. CEO Peter Flint tells me the company edged into profitability two months ago—six years after the company was founded. He won’t give specific numbers, but says that… → Read More
Real estate listings and search site Zillow has named Spencer Rascoff as chief executive officer. Co-founder Rich Barton, who has been the company’s CEO since it was founded in 2005, will take on the role of executive chairman of the board of directors. Fellow co-founder Lloyd Frink will move from president to chief strategy officer.
Rascoff joined Zillow in 2005 as one of the original… → Read More
Yahoo is outsourcing yet another product to an outside company. Tonight, Yahoo is announcing an exclusive partnership with real estate listings and search site Zillow. As part of the partnership, which will go into effect later this year, Zillow will power all for-sale listings on Yahoo Real Estate. The financial terms of the partnership were not disclosed.
Zillow’s will integrate its 4 million… → Read More
Real estate listings and search site Zillow,</a is launching an Android app to allows users to search its 95 million listings on the go. The startup has seen considerable success with its iPhone app, which launched in April of last year and has seen 1 million downloads with more than 2 million homes viewed each month on the app. The Android app is expected to hit the Android Market by… → Read More
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