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https://www.barrons.com/articles/zillow-stock-price-earnings-homes-sale-buy-ibuying-business-51635885709
Updated Nov. 2, 2021 7:55 p.m. ET / Original Nov. 2, 2021 4:42 p.m. ET
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Zillow Group said it would unopen down its homebuying and selling business, citing the company’s inability to accurately foretell aboriginal location prices.
“We’ve determined the unpredictability successful forecasting location prices acold exceeds what we anticipated and continuing to standard Zillow Offers would effect successful excessively overmuch net and balance-sheet volatility,” CEO Rich Barton said Tuesday.
“We...
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