Thoughts on Zillow pausing it's iBuying business?
Looks like they are over leveraged and now holding a bunch of inflated properties with no buyers #housing
howβs that? their stated problem is they donβt have people to refurb the houses. pls link us to a financial analysis that says otherwise
Yeah but some of the YouTubers have different opinions. https://youtu.be/BdCK9RKng1Q
youtubers? fucking yawn.
They should've just stuck to being a tech company lol
Opendoor buying like mad
Did you even look at their balance sheet and revenue distribution per activity (house flip, software and mortgaging)? They're not overleveraged
It looks like OP didnβt get their info from any credible source, move on everyone
Shortage of low wage workers everywhere. Time for robotics
They buy high and sell low. https://www.zillow.com/homedetails/337-Parkway-Blvd-Coppell-TX-75019/26966020_zpid/
Noticed zillow no longer lists how much they paid for it
Junk meme stock going to sub $50
Zillow was never a meme stock.