Zillow Stock Falls Further After Report It Plans to Sell 7,000 Homes for $2.8 Billion – Barrons

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One day before Zillow Group is set to release its earnings, shares of the real estate firm tumbled amid worries about its homebuying program, Zillow Offers.

Zillow Offers aims to sell 7,000 homes for $2.8 billion, Bloomberg reported Monday, citing people familiar with the matter.

Should Zillow (ticker: Z) sell those homes for that price,…