CNN Enterprise  —  Redfin is established to shutter its house-flipping small business and lessen its workforce by 13{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471}, laying off 862 workforce. About 264 of the position cuts will be instantly related to the shutdown of RedfinNow, the company’s instant buying, or iBuying, business in which it buys a residence […]

Zillow Group Z -1.75{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} said on Thursday that it missing $881 million on its algorithmic-driven house-flipping business very last year in its to start with earnings report due to the fact the authentic-estate enterprise shut down that procedure in the slide. The full firm, which involves Zillow’s profitable dwelling-listing and […]