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Zillow Quits Home-Flipping Business, Laying Off 25% of Its Staff in the Process

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Zillow is getting out of the house-flipping business and will fire a large percentage of its staff, after admitting that it greatly overestimated its ability to wrangle “the unpredictability in forecasting home prices.”

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Zillow Quits Home-Flipping Business, Laying Off 25% of Its Staff in the Process
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