Zillow needs money
During the pandemic Zillow had LOTS of spare cash, and they knew TV was a good place to invest it. They bought up many lots when they were released and had the homes built. Actual residents in the areas where Zillow bought, and it's not just Zillow but Redfin and AirBnb also, can't establish a community because their "neighbors" are seasonal renters or the homes are empty most of the year. Now, 3-4 years later, the demand for those homes has dwindled due to the interest rate rise. Home sales across the nation are down, and Zillow, etc needs money to keep their operation funded. Hence, they are putting their homes up for sale and TV inventory is going up.
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