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%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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 🕰🏰👑
Källa: CNBC - 🏆 12. / 72 Läs mer »