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Housing website Zillow is shutting down its house-flipping division due to an excess in inventory as the company looks to offload billions of dollars worth of houses that were purchased during the pandemic housing bubble. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live Read more HERE: https://www.theverge.com/2021/11/1/22758176/zillow-offers-ibuyer-housing-market-inventory-investors-real-estate “Zillow is
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Zillow is looking to offload 7,000 houses, lay off 25% of their workforce and completely shut down their IBuying Zillow Offer Program. A company as large as Zillow making a decision and move like this should make everyone double think where the housing market is headed. Zillow was betting against 3-6 month future appreciation on
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The eviction moratorium ends in just 6 days and the U.S. is facing a housing crisis of catastrophic proportions. ✅ Sign up for our Free DAILY newsletter delivered right to your inbox first thing in the morning. ➜ https://morninginvest.com ? Grab $3,000 in two FREE stocks by opening a trading account with Webull Visit https://morninginvest.com/webull
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