RW November 2, 2021 Does this qualify as “getting shy?” https://www.marketwatch.com/story/zillow-to-stop-flipping-homes-for-good-as-it-stands-to-lose-more-than-550-million-will-lay-off-a-quarter-of-staff-11635885027?mod=home-page With the Phoenix market being the epicenter of Zillow’s massive losses I wonder how much of the recent price run-up was caused by Zillow? Certainly Zillow has only been a fraction of the total market but when you’ve got your “marginal buyer” buying 1000’s of houses** and on each of those is willing to over-pay by many $10,000’s it seems like that would be enough to have a really big effect on market prices. **I think Zillow # of purchases is well into the 1000’s in Phoenix metro, but I haven’t been able to find a reliable number. They still have around 300 on the market virtually all of them are offered at >5% less than they paid. I saw an article saying they had over 1000 in their inventory a couple months ago.