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Zillow Quits Home-Flipping Business, Cites Inability to Forecast Prices
Wall Street Journal, Nov. 2, 2021–Will Parker and Nicole Friedman (subscription)
Real-estate firm Zillow Group Inc. ZG -11.52% is exiting from the home-flipping business, saying Tuesday that its algorithmic+ model to buy and sell homes rapidly doesn’t work as planned.
https://www.wsj.com/articles/zillow-quits-home-flipping-business-cites-inability-to-forecast-prices-11635883500?