ZILLOW to Offload 7,000 Homes After Flipping Fumble…

Sharing is Caring!

(Bloomberg) — Zillow Group Inc. is looking to sell about 7,000 homes as it seeks to recover from a fumble in its high-tech home-flipping business.

The company is seeking roughly $2.8 billion for the houses, which are being pitched to institutional investors, according to people familiar with the matter. Zillow will likely sell the properties to a multitude of buyers rather than packaging them in a single transaction, said the people, who asked not to be named because the matter is private.

A representative for Zillow didn’t immediately comment.

See also  Ahmaud Arbery’s Father Destroys BLM Narrative After Conviction…
See also  CNN: Global Warming (Climate Change) Models May Be Flawed After New Discovery Regarding Oceans



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.