Zillow Ramps Up Home-Flipping

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Zillow Ramps Up Home-Flipping
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Zillow says its home-flipping business is gaining traction and could unlock other opportunities for revenue growth

Zillow Group Inc.’s stock surged after the company said its home-flipping business is gaining traction with consumers and could unlock other opportunities for revenue growth in the years ahead.

Zillow, which operates its namesake residential real-estate website and other digital housing brands, is attempting to refocus its business on purchasing homes, repairing them and then selling the properties for a profit.

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