https://techcrunch.com/2021/10/22/opendoor-open-for-business/

When Zillow announced that it was hitting pause on its iBuying operations earlier this week, the news sent shockwaves through the real estate industry.

Zillow blamed the pause on labor and supply constraints that were hampering its ability to quickly renovate and efficiently turn over its housing inventory. The announcement sent Zillow’s stock plummeting 10% in the day after the report, while driving competitor Opendoor higher.