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Shareholder derivative lawsuit claims the company lost more than $1.2 billion on its iBuying program.
Olsen was a foundational member of Zillow Economic Research.
Legal action stems from failed Zillow Offers program.
Surging prices and interest rates have made mortgages less affordable than at any time since at least 2007.
More than half (56%) of respondents said they don’t expect the Fed to materially reduce inflation while averting a recession.
Zillow sees signs that a rebalancing could be around the corner, but for now the market is moving at record speed.
