Zillow said to be seeking to acquire Trulia

Many pundits have been predicting a consolidation in the online real estate space for quite some time.  It appears that the first major move in this direction has just occurred.  Bloomberg is reporting that real estate website operator Zillow is looking to acquire its rival Trulia.  This move would combine the two most-trafficked real estate websites in the United States.

You can read more about this announcement at: http://www.bloomberg.com/news/2014-07-24/zillow-said-to-be-seeking-to-buy-rival-real-estate-site-trulia.html