Stocks are surging and the rumor mill is ablaze with the speculation that Zillow is looking to acquire Trulia as early as next week. As of Friday morning, Wall Street reports Zillow is up four percent and Trulia is trending in the same direction with a three percent hike.
According to an anonymous source, Bloomberg states that Zillow values Trulia at $2 million in cash and stocks, and that talks between the two online real estate giants are in motion.
“This has been rumored for a while and with the cross-ownership from Tiger Global Management and Caledonia some thought those investors would push for this,” said Bradley Safalow, founder and CEO of stock analysis firm PAA Research.
Every week we bring you a handpicked collection of hot topics and industry news. This week we focused on the hot global real estate industry issues. Here is what we learned:
1. International home buying and investing in the U.S. increased by 35.2 percent in the last year.
2. The National Association of REALTORS® – India is holding its sixth annual meeting in Kolkata
3. NAR and ListHub join forces to help REALTORS® maximize global real estate opportunities
4. Top 10 Luxury Real Estate Locations in Europe
5. RE/MAX launches office in Tanzania
We encourage you to join us for a conversation. Answer the question below in the comment box at the end of this post.
1. We are a Powerful Community.
With more than 5000 members, DMAR is the largest REALTOR® Association in Colorado. With a presence in 11 Denver Metro counties, 3 offices, and 10 staff members, we are a connected network of professionals that passionately support REALTORS® in pursuit of success.
2. We help you grow with Premier Education.
Enhance your career and increase your earning power by taking advantage of the outstanding annual educational events and REALTOR® professional designation courses, including SRES, CIPS, NAR Ethics Update, Tech Tuesday and much more!
3. We help you thrive through Networking Connections.
With major annual events, and weekly networking opportunities we help you connect with like-minded people, and give you access to nationally recognized speakers, as well as top influencers in the industry.
4. We lead Dedicated Advocacy for your business.
Your membership supports a powerful Governmental Affairs program that year after year has successfully defended key issues that protect the industry, home-ownership, and your right to conduct business.Read More...
NETWORKING EVENTS AND EDUCATION
Here is an updated calendar of upcoming networking events and education.
EVENT: DMAR Day at the Races
WHEN: August 8 | 11:30 a.m. to 4:00 p.m.
WHERE: Arapahoe Park Racetrack | 26000 E. Quincy Avenue, Aurora CO 80016
WHY: Be a part of an exclusive RPAC Event! This is your chance to network and celebrate those who help protect the real estate industry; as well as protect REALTOR®-friendly policies by recognizing top influencers and RPAC contributors.RESERVE YOUR SPOT
Why be a Member?
Membership in the Denver Metro Association of REALTORS® puts you in the company of over 5,000 real estate professionals in the Denver Metro area who are dedicated to professional excellence. It also provides automatic membership in the Colorado Association of REALTORS® (CAR), and the National Association of REALTORS® (NAR), which is the largest trade association in the world, exceeding 1 million members. Learn about member benefits at the link. Read More . . .