On-line actual property market Zillow on Monday introduced it’s going to cease shopping for new properties for the remainder of the yr resulting from a backlog in renovations and operational capability constraints. The corporate’s Chief Working Officer, Jeremy Wacksman, mentioned in an announcement that Zillow is not going to be signing any new, extra contracts to purchase properties by the top of the yr however will proceed to market and promote properties by Zillow Affords throughout this era. By its Zillow Affords program, the corporate buys properties immediately from sellers and completes all the needed upgrades or repairs with out the the vendor having to host open homes or showings. After shopping for a house, Zillow prepares…