Zillow's Taking a Break From Its Homebuying Business (But There's Good News)

·3 min read
Zillow's Taking a Break From Its Homebuying Business (But There's Good News)

Zillow (NASDAQ: Z) (NASDAQ: ZG) is trying to disrupt the home buying and selling market by doing the buying and selling itself, but the business has run into a bit of a snag. According to an announcement from the company on Monday morning, Zillow has so much demand from homeowners looking to sell their homes that it can't keep up. The announcement is a double-edged sword for Zillow.

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