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Zillow Sells 2,000 Homes in Dismantling Its House-Flipping Business

Zillow Sells 2,000 Homes in Dismantling Its House-Flipping Business

Zillow Group Inc. reached a deal to sell about 2,000 homes from its ill-fated house-flipping program, the company’s biggest bulk sale as it starts unloading thousands of homes and terminates the business.

Pretium Partners, a New York-based investment firm, has agreed to buy Zillow homes across 20 U.S. markets and plans to rent them out, according to people familiar with the matter.

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