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Zillow to shut down Zillow Offers, lay off 25% of company

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Zillow to shut down Zillow Offers, lay off 25% of company

The news is the latest in an abrupt turn of fortune for the Seattle-based company’s iBuying service. The move is sure to have ripple effects for housing markets across the U.S., as Zillow has purchased thousands of homes through its Zillow Offers program.