News Formal

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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 🕰🏰👑
Source: CNBC - 🏆 12. / 72 Read more »