![]() ![]() Now they're still buying while Zillow has stopped. The big difference between then and now is that then the other top iBuyers – Opendoor, Offerpad, and Redfin – stopped buying as well. Once people started to demand homes, however, Zillow jumped back into the ring. Zillow stopped buying homes once before, in the early days of the pandemic when there was great uncertainty about the housing market. And it's getting harder for Zillow to get the people it needs, from house inspectors to determine whether Zillow should buy the home to contractors who can make those light repairs. Although Zillow uses algorithms to determine how much to pay for a house, it still relies on real people to complete the job. ![]() ![]() Even if a house flipper (or Zillow) can get a good deal on a house, there's still the "fixing" part of the fix and flip. ![]()
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