National
Now streaming: TRD’s podcast on Zillow’s iBuying collapse
Earlier this month, Zillow quit the iBuying business. The firm said it would stop flipping homes, citing heavy losses,...
Zillow
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National
Pretium Partners picks up 2,000 Zillow homes to kick off iBuying wind-down
The great sell-off has started for Zillow as 2,000 of its homes are changing hands to an investment firm....
National
Humans vs machines: The fallout from Zillow’s iBuying fiasco
For all the talk about how Zillow’s iBuying fiasco was a triumph of humans over machines, it’s worth remembering...
National
iBuying? No, iSelling as investors dump Zillow shares
Zillow’s faulty trading algorithm, which caused it to overpay for thousands of homes, left investors feeling they paid too...
National
What happened at Zillow? “Drinking your own Kool-Aid,” for one
The red lights were flashing all summer long — if you knew where to look. Homebuyers took to Twitter...
National
Zillow quits iBuying, will lay off 25% of staff
Zillow is leaving the home-flipping business for good and preparing to lay off a quarter of its workforce. After...
Zillow eyeing $2.8B for 7,000 homes: report
The hits keep on coming for Zillow, as the company is reportedly looking to offload several thousand homes and move forward in its iBuying business. The company is aiming to sell 7,000 homes for...
National
Zillow’s iBuying flop: Company listed nearly two-thirds of homes below purchase price
Questions over the profitability of Zillow’s iBuying practices in the increasingly competitive space appear to be close to the...
National
Zillow will resume iBuying, but pause raises questions over model
Zillow’s withdrawal from iBuying will weaken its second-place position in that sector, but its absence will likely be short-lived,...
National
Zillow hits the brakes on iBuying
Zillow has temporarily halted its home purchases, potentially ceding ground to other iBuying companies in an increasingly competitive space. The company is working to address a backlog of purchased properties that has left its...
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