Zillow Buying One Of Its Competitors
(Seattle, WA) Real estate information giant zillow.com is buying one of its competitors.
The website is acquiring Street-Easy for $50 million in cash.
The acquisition is expected to give Zillow a huge lead in New York City, which is one of the nation’s most desirable housing markets.
Street-Easy will be run as a separate unit within Zillow and will maintain its brand.