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Is Zillow in Freefall?

Much heralded real estate search and valuation service Zillow seemed perfectly timed for the last two years, and now it seems, well .... vaguely embarrassing. After all, the company is valued, allegedly, at more than $350-million and it raised $30-million in its last go-around. Oh, ouch.

Can it get worse? Sure, if traffic went off the rails -- which is what is seemingly happening right now:

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