November 29, 2021

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Zillow cancels hundreds of home contracts across the country

<Homebuyers across the country are furious with Zillow Group Inc. (Nasdaq: Z) for canceling contracts after Zillow promised to stick with all the deals it had under contract as it shutters its Zillow Offers division.

Compounding the issue is the fact that many of these homeowners are waiting for their new construction homes to be completed, pushing the sale of their existing homes to Zillow until early next year.

It’s these types of deals that Zillow Offers seems to be backing out of.

“For a small…

Angela Gonzales

2021-11-24 08:08:43

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