Zillow Ending Home-Flipping Business, Will Lay Off 25% Of Staff

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Zillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices.

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 /  🏆 27. in ZA
 

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WHO warns : ' PILE UP the populations in URBAN AREAS to support land & rental SPECULATION-MASS Trade & Tourism-INTENSIVE agriculture...it's CRIMINAL Let's CHANGETerritory & Town REPLANNING-direct & economic DEMOCRACY-tax EVASION-social ECOLOGY-education-sanitary PREVENTION '

SondraCosgrove Good. They have hurt the housing market. The cost many people a home.

Their TV ads are so obnoxious!

good

you can blame hgtv for your abject FAILURE IN THE FLIPPING BIZ zillow HGTV showed us you always make $ flipping and total renos only take 30 - 60 minutes I think they were lying to us 🤣

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Zillow is offloading 7,000 homes — raising 'red flags' about the real-estate marketZillow’s unexpected announcement in October that it was temporarily pausing its home-buying activities raised many analysts’ eyebrows. Now, the company is reportedly offloading thousands of homes at a discount. Zillow is selling homes at a discount to institutional investors so that the homes become rental properties. How awesome would it be if Z were selling homes to first time home buyers currently locked out of the market because companies like Zillow were overpaying for inventory?
Source: MarketWatch - 🏆 3. / 97 Read more »

Zillow shuts down homebuying business, laying off 25% of workforceInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. This is bullish Zillow正在关闭其购房业务,并解雇25%的员工 Ok
Source: BusinessInsider - 🏆 729. / 51 Read more »