Zillow House Flipping Disaster at Sara Raymond blog

Zillow House Flipping Disaster. Is there a better symbol of america’s real estate. It was the startling culmination of a turbulent few weeks for america’s most famous real estate company: The real estate website had been relying on its algorithm that estimates home values to buy and resell. While the effort helped revenue grow for the $18 billion firm, it wasn’t worth the resulting losses and. Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff. Months before the company quit flipping houses, stanford gsb researchers spelled out the risks of ibuying. More than six months after its home flipping operation suffered a very public, very expensive meltdown, zillow is going back to basics. The home listing app said tuesday it is closing its business that flips homes.

Zillow (Z) Down 60! QUITS House Flipping! Real Estate Crash Coming
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Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff. More than six months after its home flipping operation suffered a very public, very expensive meltdown, zillow is going back to basics. It was the startling culmination of a turbulent few weeks for america’s most famous real estate company: Is there a better symbol of america’s real estate. While the effort helped revenue grow for the $18 billion firm, it wasn’t worth the resulting losses and. The real estate website had been relying on its algorithm that estimates home values to buy and resell. Months before the company quit flipping houses, stanford gsb researchers spelled out the risks of ibuying. The home listing app said tuesday it is closing its business that flips homes.

Zillow (Z) Down 60! QUITS House Flipping! Real Estate Crash Coming

Zillow House Flipping Disaster It was the startling culmination of a turbulent few weeks for america’s most famous real estate company: While the effort helped revenue grow for the $18 billion firm, it wasn’t worth the resulting losses and. More than six months after its home flipping operation suffered a very public, very expensive meltdown, zillow is going back to basics. Is there a better symbol of america’s real estate. The home listing app said tuesday it is closing its business that flips homes. It was the startling culmination of a turbulent few weeks for america’s most famous real estate company: Months before the company quit flipping houses, stanford gsb researchers spelled out the risks of ibuying. Zillow, facing big losses, quits flipping houses and will lay off a quarter of its staff. The real estate website had been relying on its algorithm that estimates home values to buy and resell.

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