Down 77%, Here's Why Zillow Stock Is a Buy Hand Over Fist
While this resulted in a substantial decline in revenue, Zillow's business is now in a much healthier financial position. Zillow Offers was Zillow's largest driver of revenue from 2019 to 2021. While eliminating an unhealthy part of Zillow's overall business is positive, iBuying accounted for $6 billion of the company's $8.1 billion in total revenue that year, which has left a big hole to fill.