Zillow said labor and supply issues in the market have created an “operational backlog for renovations and closings.” The pause will enable the company to catch up on its existing contracts.
Source: Inman News
Zillow hits brakes on buying new homes for remainder of 2021
Published in Bloomberg, ibuyers, Industry News, Jeremy Wacksman, mike delprete, News Brief, Select, wall street journal, Zillow and Zillow Offers
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