If you’re wondering why Zillow is in a rush to dump 93% of its properties, wonder no more.

If you're wondering why Zillow is in a rush to dump 93% of its properties, wonder no more. pic.twitter.com/OzlGhrbATG — Financelot (@FinanceLancelot) November 2, 2021 #recession …#GFC2 US #Housing #Bubble 2.0 edition#RealEstate #Zillow #ZillowBubble https://t.co/3SdF8NCtCy pic.twitter.com/IW7RnxxtSt — Invariant Perspective (@InvariantPersp1) …

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Zillow says it’s closing homebuying business, cutting 25% of workforce; earnings miss estimates

https://www.cnbc.com/2021/11/02/zillow-shares-plunge-after-announcing-it-will-close-home-buying-business.html Zillow, the digital real estate company, said on Tuesday that it’s exiting Offers, its business that buys and flips homes, and eliminating 25% of its workforce. The announcement was attached to Zillow’s third-quarter earnings report. The company’s revenue and …

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