Zillow Quits Home-Flipping Business, Cites Inability to Forecast Prices

📆 06/11/2021 06:30 م
📰 WSJ

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Real-estate firm Zillow is exiting the home-flipping business, saying its algorithmic model to buy and sell homes rapidly doesn't work as planned

The U.S. mortgage market involves some key players with important roles in the process. Here are what investors should understand and what risks they take when investing in the industry. WSJ’s Telis Demos explains.

Photo: Getty Images/Martin Barraud

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Opendoor shares soar as investors predict gains in home buying market after Zillow's exitFollowing Zillow's announced departure from the iBuying home market, investors are pouring into Opendoor. PropyInc 🕰🏰👑
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