Items Tagged with 'Trulia'

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Move wants $2 billion in damages from Zillow for alleged trade secret theft

Can this cripple or destroy Zillow and Trulia?
One of the most contentious fights in the history of real estate listings is about to go nuclear, thanks to a "staggering" claim of damages from Move in its trade secret theft lawsuit against Zillow. Now, for the first time, Move is acknowledging just how damaging the alleged theft was to the company. But there's more to the story than just a ginormous number.
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Here's what the spring housing market will look like this year

Trulia Chief Economist: Expect this
While spring homebuying might have started early this year, as famous Punxsutawney Phil confirmed without a shadow of a doubt at the beginning of February, this doesn’t mean you’re quite ready to add the title of homeowner to your name. To help in your deliberation, HousingWire talked to Ralph McLaughlin, chief economist with Trulia, to compile a list of five factors that define this year’s housing market.
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Can new home sales end the housing inventory crisis?

Sales of unbuilt homes hover near a 10-year high
The latest new home sales report presents a more positive forecast on the future of today’s current inventory crisis. The key is in the share of new home sales not started, in other words homes purchased off a plan, which hovers near a 10-year high.
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Move/News Corp legal battle drags down Zillow Group earnings in 2015

Posts net loss of $91.1 million; sees traffic decline in 4th quarter
The Zillow Group family of websites, which includes Zillow and Trulia, announced its 2015 financial results on Thursday, with the company reporting a pro forma net loss of $91.1 million in 2015. According to Zillow, a large portion of the net loss was driven by the legal fees associated with Zillow’s legal battle with Move, which is now owned by News Corp, over claims of allegations of trade secret theft involving Errol Samuelson, who was once Move's chief strategy officer.
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