Zillow Is Rebounding With Home Sales And Stock Buyback

Zillow Is Rebounding With Home Sales And Stock Buyback

Zillow announced it has sold about half of its backlog of homes and will begin buying back stocks after shuttering its home-flipping arm, Zillow Offers. In a statement, the company said it had already sold or agreed to sell more than half of its properties, hitting a much faster pace than expected. “We are pleased…

Lawsuit Claims Zillow Purposely Mislead Investors With Public Statements
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Lawsuit Claims Zillow Purposely Mislead Investors With Public Statements

Zillow and some of its top executives are being sued for allegedly making misleading claims in advance of the closure of its iBuying arm, Zillow Offers. Zillow shareholder Dibikar Barua filed a class-action lawsuit against the company in federal court in Seattle alleging that Zillow failed to tell shareholders it was struggling to accurately predict…

Morning Roundup (11/15/2021)– Forbearances Drop Below 2%, Airbnb To Impact Market In 2022

Morning Roundup (11/15/2021)– Forbearances Drop Below 2%, Airbnb To Impact Market In 2022

Good Morning! Today is Monday, November 15. The Glasgow climate summit ended with an agreement by nearly 200 countries to cut their carbon emissions in half this decade. An appeals court barred President Biden’s vaccine mandate for large employers. A New York Times report revealed the US hid an airstrike that killed civilians in Syria. And…

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