Inflation decelerated more than expected in July, which has eased some pressure on mortgage rates.
Sun Belt cities including the Texas capital have dominated various lists of the top housing markets in recent years.
Investors who helped propel U.S. home prices to record levels are pulling back.
Landlords and home flippers proved less sensitive to rising costs than ordinary buyers.
Two out of 10 homes flipped by the iBuyers last year wound up with investors and other entities.
Zillow has approximately 18,000 homes to sell in total.
Zillow decided its pricing algorithms weren't accurate enough to build a stable business.
A encounter with a teenager led him to an investment in California apartment complexes.
The evictions would create new rental housing inventory, partially offsetting rising housing costs, the firm said.
Property investors are riding rapid home price appreciation and fast-rising rents.