Monday, April 16, 2018

Zillow Will Start Flipping Houses, and Investors Want No Part of It

Real estate website Zillow announced on Thursday plans to expand its Instant Offers service — which currently allows investors to bid on homes sight unseen in Las Vegas and Orlando, Fla. — into Phoenix. But the bigger revelation was that Zillow itself will be one of the investors buying homes in two test markets, Phoenix and Las Vegas, with plans to make necessary repairs and flip the homes as quickly as possible.

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from Apartment Therapy | Saving the world, one room at a time https://www.apartmenttherapy.com/zillow-house-flipping-news-257839

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