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.…