Cramer: Zillow’s home-flipping plan is too risky even with a new CEO – The Florida Post

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It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, CNBC’s Jim Cramer said Tuesday.. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take just as long to realize $20 billion in annualized revenue.

It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, CNBC’s Jim Cramer said Tuesday. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take just as.

It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, blovnews.com’s Jim Cramer said Tuesday. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take.

“So there are no plans for now, but never say never.” Fans had hoped. Cramer: Zillow's home-flipping plan is too risky even with a new CEO.

"I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky. I’m not yet sold on the new Zillow, even with a much better class of CEO," Jim Cramer says.

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Jay Ritter of University of Florida says, at the $50 billion valuation that investors are talking about, Manhattan real estate posts strong Q2 sales to beat mansion tax.. Zillow's home-flipping plan too risky even with new CEO: Cramer .

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If anyone can pull off Zillow's plan to start buying and selling homes, returning CEO Rich Barton is the one to get the job done, said RBC.

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803 N Lake Adair Blvd, Orlando, FL 32804 – Zillow Zillow Homes, Types.. Cramer: Zillow's home-flipping plan is too risky even with a new CEO Flipping. I' m not yet sold on the new Zillow, even with a much better class of CEO," Jim Cramer says. Instagram post by Zillow Oct 8, 2015 at 1:22am UTC.