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Industry Reacts, iBuyers Stay the Course Following Zillow Pullback

November 3rd, 2021
In a move that shocked many but perhaps not a complete surprise, Zillow announced late yesterday afternoon that it was laying off a quarter of its staff and ending its venture into iBuying.  This came after a “pause” the company...

Redfin CEO Singles Out iBuying Success During Earnings Report

November 8th, 2021
The real estate industry is still unpacking the news that Zillow is bowing out of the tech-fueled glut for houses. However, the tech giant’s rivals are singing a different tune for their iBuying future. That was the case for Seattle-based...

Zillow Subject of Multiple Lawsuits Over iBuying

November 23rd, 2021
The hits keep on coming for Zillow. After first pausing in October and then officially sunsetting its iBuying business earlier this month, Zillow has now been hit by two investor class-action lawsuits that claim, among other things, that the real...

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