Zillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former RTL Group CEO Bert Habets To Head Up Antenna GroupEXCLUSIVE: Former RTL Group CEO Bert Habets has been appointed CEO of global media outfit Antenna Group. He replaces Jonathan Procter, who has returned to his native South Africa to be Group CEO of…
Read more »
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.
Read more »
Zillow seeks to sell 7,000 homes for $2.8 billion after pausing its flipping purchasesThe move to offload a block of homes comes as Zillow seeks to recover from an operational stumble that saw it buy too many houses, with many now being listed for less than it paid.
Read more »
Zillow stock dives after analyst highlights two-thirds of homes bought are underwaterZillow stock sinks 6% after report that most of the homes the company purchased, with an aim to flip them, are now worth less than what it paid for them.
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.
Read more »
CDC advisory group votes to recommend Pfizer vaccine for kids 5 to 11Health care providers could begin administering the vaccines as soon as Wednesday.
Read more »