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What Zillow leaving the Triangle means for the housing market
A Zillow-owned home for sale in Raleigh on Tuesday, Nov. 2, 2021. The online real estate company has announced that it is ending it’s home-buying division, Zillow Offers, due to large losses in the past quarter. Sharif Durhams News & Observer Zillow announced this week that it is no longer making cash offers on homes, ending the widely known real estate company’s quick-buy, home-flipping operation known as Zillow Offers.. In a letter to shareholders, Zillow lamented the consequences of the decision — it is laying off 25{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of its employees — but concluded that the financial costs were too great; the company lost $380 million last quarter from Zillow Offers.…
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What Wayfair’s Weak Quarter Means For E-Commerce And Home Business
Does Wayfair’s weak quarter indicate on-line product sales of residence furnishings have peaked? (Image … [+] Illustration by Pavlo Gonchar/SOPA Photographs/LightRocket via Getty Photographs) SOPA Photos/LightRocket by means of Getty Pictures If Wayfair W is the canary in the e-commerce coal mine than maybe it is time to break out the fuel masks. The social gathering could not be in excess of but it undoubtedly seems that it is been taken down a number of notches. Wayfair, the significant on line house furnishings player that has been recording record numbers – and its 1st revenue ever – since the start out of the pandemic-induced boom in e-commerce gross sales of…
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What Wayfair’s Weak Qtr. Means For E-Commerce And Home Business
Does Wayfair’s weak quarter show on-line revenue of household furnishings have peaked? (Photograph … [+] Illustration by Pavlo Gonchar/SOPA Visuals/LightRocket through Getty Photographs) SOPA Photographs/LightRocket through Getty Images If Wayfair W is the canary in the e-commerce coal mine than probably it is time to crack out the gasoline masks. The celebration could not be about but it absolutely appears that it’s been taken down a several notches. Wayfair, the significant on the web dwelling furnishings participant that has been recording history quantities – and its 1st revenue at any time – since the get started of the pandemic-induced boom in e-commerce revenue of residence products, reported weak numbers this…
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Cutting emissions means costs and opportunities in China
The town of Luoyang in central China’s Henan province is an historical money, a cultural heart and a big industrial hub. A thin sheet of smog hung around the skyline on the working day I landed. It cleared up a pair of hrs later, revealing a soft blue sky. Elderly gentlemen have been fishing on a canal lined with willow trees. “The government has controlled air pollution properly,” said 66-year-aged retiree Li Cheng. “In the earlier, there have been a lot of smoggy times. Now there are much more times with blue skies.” He credits this to very good authorities policy of moving factories and controlling emissions from autos. Now,…
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/https://specials-images.forbesimg.com/imageserve/609424410d9305b6a1f70578/0x0.jpg "What Wayfair’s Weak Quarter Means For E-Commerce And Home Business")
/cloudfront-us-east-1.images.arcpublishing.com/gray/AP4S53FMIRE5PLZTAFEKZ3Q65I.jpg "City of Charleston reviewing rules for home businesses")
