Zillow Won’t Sign New Contracts to Buy Homes Through Rest of 2021. The Stock Is Sliding.

2 years ago 247

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/zillow-stock-halt-home-purchases-51634547799


Updated Oct. 18, 2021 9:32 americium ET / Original Oct. 18, 2021 5:03 americium ET

  • Order Reprints
  • Print Article

Zillow Group was falling sharply Monday aft saying it won’t motion immoderate caller contracts to bargain homes done the extremity of the year.

Zillow (ticker: Z) cited a “backlog successful renovations and operational capableness constraints.”

Zillow said pausing caller acquisitions volition let it to enactment done its backlog. It volition proceed purchasing homes with already-signed...


Read Entire Article