Why it matters
The settlement resolves a shareholder lawsuit tied to Zillow Offers, the company’s discontinued home-buying business. The reports do not point to a direct effect on home prices or the broader U.S. housing market.
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Zillow has agreed to pay more than $212 million to settle a class-action lawsuit over its former home-buying business, according to multiple trade publications. The settlement requires court approval and does not include an admission of wrongdoing, The Real Deal reports.
HOW THIS BRIEF WAS MADE 3 outlets: 3 trade press. Automated sourcing and summaries by the BLUF engine. Corrections
The settlement resolves a shareholder lawsuit tied to Zillow Offers, the company’s discontinued home-buying business. The reports do not point to a direct effect on home prices or the broader U.S. housing market.