Zillow to pause home buying in all markets

Zillow to pause home buying in all markets

Rental Property Investor · Maryville, TN · Member since 2009 · 529 posts · 414 votes

Apparently zillow has been buying homes for a year now, but i guess they dont think values will hold?

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Investor · IN (indiana) · Member since 2020 · 109 posts · 53 votes
6y

I didnt know they have actually been purchasing. They have an atrocious business model running on razor thin margins. Certain people have only hoped that Zillow has made enough bad purchases to undo their existence. Amazon however has partnered with professionals and is poised to buy up the market in what I imagine will be the end of Q2 or beginning of Q3.

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  • Investor · IN (indiana) · Member since 2020 · 109 posts · 53 votes
    6y

    I didnt know they have actually been purchasing. They have an atrocious business model running on razor thin margins. Certain people have only hoped that Zillow has made enough bad purchases to undo their existence. Amazon however has partnered with professionals and is poised to buy up the market in what I imagine will be the end of Q2 or beginning of Q3.

  • Rental Property Investor · Maryville, TN · Member since 2009 · 529 posts · 414 votes
    6y

    Great, black rock and amazon will own 50% of u.s. s.f.r.'s

  • Investor · IN (indiana) · Member since 2020 · 109 posts · 53 votes
    6y

    No kidding! In Chicago single home owners are being out bid by Black Rock buying up blocks of SFR's

  • Chicago, IL · Member since 2018 · 13 posts · 3 votes
    6y

    Will there be anything left for small investors? Giants are taking over all industries.

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