Zillow planning expansion of its home buying business in Southwest

It’s been just over a year since Zillow expanded its business from simply facilitating the home sale to actually buying houses itself. Since then, Zillow expanded its iBuyer business and is now operating in nine markets with plans to continue expanding. In fact, Zillow has big plans for its home buying business, recently revealing that its current goal is to be able to buy 5,000 homes per month within as little as three years. To get there, Zillow will have to fortify and expand its home buying operations, and this week, the online real estate giant took a step in that direction.