September 25, 2012
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics around the investing world.
John and David are always searching for new companies to join the portfolio. So they were glad to see Trulia come public last week. Trulia is an online real estate platform. It maintains a database of homes for sale and for rent. And it also estimates the value of homes in their markets. The company had a nice pop on Day One, sparking commentators to proclaim the IPO market is back. Trulia faces plenty of competition from the likes of Zillow, Move, and zipRealty (Nasdaq: ZIPR ) . But as the real estate market continues to move online, there's probably room for everyone.
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