No more unsolicited offers on homes lost in LA wildfires
A new law prohibits investors and their agents from swooping in after a fire and submitting offers to homeowners who have not yet marketed their property for sale.
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Tag: real estate speculation
Zillow Offers’ failure is a warning to today’s speculators
Real estate giant Zillow entered a hot and unpredictable housing market as a speculator experimenting with iBuying and got burned, reporting a total net loss of $530 million in 2021.
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Zillow exits home flipping after getting burned in hot market
Zillow’s large-scale flipping scheme was bound to fail.
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