Zillow stopped ibuying homes what does that mean for us?

[Eddie Ward]

Zillow is getting hammered on it failure of it’s ibuying business. They are taking a $ 500 million dollar loss and laid off 25% of its work force.

What do we think this is telling us about the housing marking?

Or was this just a poor structured bussiness model they were not prepared for?

Just a discussion.

[Eddie Ward]

@Jody Sperling

Interesting thought.

But in most areas that I look at, the supply is still not keeping up with demand.

And from what days is telling us, the United States is 4 to 5 million houses behind. This alone will keep demand high.