Zillow’s flipping halt marks stunning collapse in housing push
Zillow’s flipping halt marks stunning collapse in housing push
By Patrick Clark | Bloomberg
It was the culmination of a turbulent few weeks for America’s most famous real estate company: Zillow Group Inc. pulled the plug on its tech-powered home-flipping operation.
The decision, reached by the board of directors on Tuesday morning, sent the company’s shares plummeting. It also raised big questions about what comes next for Seattle-based Zillow, which had…