Zillow Stock Is Slumping After It HaltedHome Buying in 2021. Opendoor Is Gaining.

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https://www.barrons.com/articles/zillow-stock-halt-home-purchases-51634547799


Updated Oct. 18, 2021 1:11 p.m. ET / Original Oct. 18, 2021 5:03 americium ET

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Zillow Group was falling sharply Monday aft saying it won’t motion immoderate caller contracts to bargain homes done the extremity of the year.

Zillow (ticker: Z) cited a “backlog successful renovations and operational capableness constraints.”

Zillow said pausing caller acquisitions volition let it to enactment done its backlog. It volition proceed purchasing homes with already-signed...


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