Zillow Says It Can’t Buy Any More Homes This Year
Wall Street Journal
Real-estate company Zillow Group Inc. ZG 0.84% will stop buying and flipping new houses for the remainder of this year, the company said Monday. The online home-listing platform, which got into the business of buying, refurbishing and quickly selling homes more than three years ago, said it would instead focus on closing existing purchase contracts and selling the homes it has on hand….