Zillow (Z) Looks to Sell 7,000 Homes for $2.8 Billion After Flipping Halt - Bloomberg - discu.eu

Hacker News

Zillow seeks to sell 7k homes for $2.8B after flipping halt https://www.bloomberg.com/news/articles/2021-11-01/zillow-selling-7-000-homes-for-2-8-billion-after-flipping-halt 616 comments 2/11/2021

Reddit

A steady and heavy decline in stock price, along with some poor algorithmic decisions, killed Zillow’s home flipping operation. Zillow is halting the practice because it is a cash bonfire. https://www.bloomberg.com/news/articles/2021-11-01/zillow-selling-7-000-homes-for-2-8-billion-after-flipping-halt? 16 comments 2/11/2021 economy

Linking pages

Zillow reportedly needs to sell 7,000 houses after it bought too many - The Verge https://www.theverge.com/2021/11/1/22758176/zillow-offers-ibuyer-housing-market-inventory-investors-real-estate 536 comments

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