The reasons for Zillow stopping their buying vary. In the Arizona real estate market they can drop off the face of the earth and we would not see any impact in the market.
However because they command such a large space online what they do get's attention.
Opendoor got so agressive lately that it might be simply that Zillow decided to back down and wait it out. We are seeing a cat fight in the online ibuyer space.
Video from NREP Daily
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Game over? Zillow in BIG Trouble | Arizona Real Estate Market
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