Some of the names on the move ahead of the open.» Read More
NEW YORK, July 24- U.S. real estate website operator Zillow Inc is in advanced talks to buy smaller rival Trulia Inc, according to people familiar with the matter. Trulia shares jumped as much as 40.5 percent to $57 on Thursday, valuing the company at $2.10 billion, after Bloomberg News reported Zillow may reach a deal to buy the company as soon as next week.
WASHINGTON— In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year.
July 24- U.S. real estate website operator Zillow Inc is in talks to buy Trulia Inc and may value the smaller rival at $2 billion, Bloomberg reported, citing people with knowledge of the matter. Zillow and Trulia declined to comment on the report saying they don't comment on rumors.
July 24- U.S. real estate website operator Zillow Inc is seeking to buy rival Trulia Inc, Bloomberg reported, citing people with knowledge of the matter. Zillow could value Trulia at as much as $2 billion and an agreement may be announced as soon as next week, Bloomberg said.
Some of Thursday's midday movers:
Overstock.com Inc. rose 19.3 percent to $16.66. Datawatch Corp. rose 18.2 percent to $14.09. Vasco Data Security International Inc. rose 17.0 percent to $13.58.
LOS ANGELES— The rebound in U.S. home values over the past couple of years has placed many homeowners in a better position to sell their home for a profit. "The most important thing in pricing and getting your house sold fast is to do your homework," said Michael Corbett, a real estate expert at Trulia, a housing information and listing website.
LOS ANGELES— In a story July 16 about pet suites being offered in some of its new homes, The Associated Press reported erroneously the number of home communities being built by Standard Pacific Homes.
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Standard Pacific Homes is building and selling homes in 27 developments from Florida to California and is believed to be the first to offer a pet suite as an option in every one. Standard Pacific, based in Irvine, decided to offer pet suites after conducting livability studies with homeowners.
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Dottie Herman, Douglas Elliman president & CEO, discusses how her partnership with Zillow provides prospective home buyers a more streamlined approach to search for real estate.
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Trulia and Zillow have ridden real estate Internet engines to IPOs, but Redfin says it's the only broker to really want you in a happy home.
Despite having about one-fifth the worldwide total of Internet users, China is notoriously tough for U.S. venture capital firms.
Stocks closed narrowly mixed on the first trading day of June, but the Dow and S&P 500 squeezed out gains to finish at fresh highs.
U.S. stock index futures pointed to a higher open Monday, with the Dow and S&P 500 looking to extend their all-time highs from last week.
Some of the names on the move ahead of the open.
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