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The company's stock soars from its initial price of $20 a share on its first day of trading. Zillow sold 3.46 million shares to raise $70 million.
Larry Magid talks with Zillow CEO Spencer Rascoff about the company's new Android rental app.
New real estate site lets people do quick searches for homes, with brokers paying for traffic directed to their sites.
To say that start-up Zillow has created a buzz in the real-estate industry could be one of the understatements of the year.