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One of the original and most well-known housing market IBuyers has bit the dust. Zillow announced last week that it is discontinuing its Zillow Offers , a program through which the company bought homes directly from owners, made necessary improvements, and listed them for resale. A message on the Zillow Offers landing page says, "Zillow Offers is winding down, which means we are not making any new offers on homes. We're focused on helping existing customers and selling our remaining inventory. If you're looking to sell, we can connect you with an expert agent in your market." Customers with a Zillow contract are advised to log into their account for further information. In late October the company announced it was suspending acquisitions through the end of the year. This announcement makes
Housing News
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One of the original and most well-known housing market IBuyers has bit the dust. Zillow announced last week that it is discontinuing its Zillow Offers , a program through which the company bought homes directly from owners, made necessary improvement... (read more)
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Rob Chrisman
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Starting today I’m in Oklahoma City for the OMBA Conference . The median home price here is roughly $150,000 and housing prices are up nearly 7 percent in the last year, ahead of the 5.4 consumer inflation rate. Life is filled with numbers. I w... (read more)
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Housing News
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Following a quiet week in which only 19,000 homeowners exited forbearance, Black Knight reports that the week ended November 2nd saw 85,000 departures. The typical month-end surge marked the final expiration of many forbearance plans which have a max... (read more)
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