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It's been a rough few weeks for the real-estate giant. On October 18, the company announced that its instant-buying (iBuying) division, Zillow Offers, would cease buying up homes for the rest of ...
In February, Zillow appeared so confident in its ability to use artificial intelligence to estimate the value of homes that it announced a new option: for certain homes, its so-called “Zestimate ...
Homes line the street of a neighborhood in Brooklyn, N.Y., in March. Zillow announced it will stop buying and reselling homes, citing the volatility of the housing market.
Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25% reduction in its staff. CNN values your feedback 1.
Zillow plans to sell roughly 18,000 homes it already owns or has under contract through its home-flipping business, called Zillow Offers, according a letter to shareholders.
Nine in 10 homes Zillow bought were put up for sale at a lower price than the company originally bought them, according to an October 2021 analysis by Insider.
High mortgage rates and home prices sidelined many Americans from the housing market in 2023. Zillow economists say some conditions may ease in 2024 as more homes are listed for sale. The real ...
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