Zillow Ending Home Buying Program

Why Did Zillow End Their Home Buying Program? Fix and Flip Failure in the This Market?

2022-02-21

Zillow is a company most people know. It’s a popular website that allows users to search for home listings and get information about homes. But recently, Zillow announced it was closing its Home Buying Program, so many are wondering what happened to cause this decision. Zillow has been operating a “Fix and Flip” program for the past 4 years. This program was designed for those who wanted to do some light remodeling on their homes before reselling them for a higher profit. After four years of operation, there were only 350 homes sold in 2017 with the Fix and Flip program. Compare that number with the 3,800 other single-family homes sold during the same time period without using the program. Some people, including myself, believe that it was because of the failure of their ‘Fix’ program. In my opinion, I think this is why they are shutting it down.Continue Reading

Real Estate News:
600 Chateau V Evergreen CO
600 Chateau V Evergreen, CO

This luxurious property at 600 Chateau V Road Evergreen, CO has an incredible 10,000 square foot lot and is a rare combination of large lot size and mountain views. It is situated in the coveted Ken Wright Addition, a beautiful community filled with trees and winding gravel roads.

Zillow Website Business Model – How Zillow Makes Money
Zillow Business Model

Zillow is one of the worst things to happen to the real estate market since Dodd-Frank. Zillow is nothing more than a data mining and advertising platform for new real estate agents. They tried to be "real estate agents" and failed miserably because they don't know real estate. They know Read more

Real Estate Agents Evergreen Colorado
Real Estate Agent

Evergreen, Colorado, has plenty of property for sale in this perfect little mountain town. Evergreen is one of the most desirable areas in the Denver foothills of Colorado. With a population of more than 25,000, this residence is close to Denver and the world-class ski resorts of Breckenridge and Vail. Read more

Living in the Colorado Mountains – Pros and Cons
Living in the Mountains

You’ll find majestic mountain ranges throughout the United States. None are comparable to the Denver Foothills and the Continental Divide. Some people can’t wait to ditch their city dwelling for a more rural, natural lifestyle. If that sounds like you, you might be considering moving to the mountains to live Read more