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Updated over 5 years ago on . Most recent reply

User Stats

529
Posts
414
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Will G.
  • Rental Property Investor
  • Maryville, Tn
414
Votes |
529
Posts

Zillow to pause home buying in all markets

Will G.
  • Rental Property Investor
  • Maryville, Tn
Posted

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

Most Popular Reply

User Stats

109
Posts
52
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Shawn Long
  • Investor
  • IN (indiana)
52
Votes |
109
Posts
Shawn Long
  • Investor
  • IN (indiana)
Replied

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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