Hacker Connect January 16 in New York
An event for and by the real estate tech community

Zillow has raised its expectations for pricing of an initial public offering to $16 to $18 a share -- a figure that would value the company at up to $494 million, according to the company's latest regulatory filing.Shares in the real estate listing and valuation portal, which also connects consumers to real estate agents and mortgage lenders, are expected to begin trading next week. Zillow could raise up to $71.7 million in the IPO if the 3.9 million shares it plans to offer to investors and through a private placement sell at the top end of the expected range.If underwriters of the IPO exercise an over-allotment option, Zillow would have nearly 27.5 million shares outstanding after the IPO, worth nearly $500 million at $18 a share. If the over-allotment option is not exercised, the 26.9 m...