Zonda announces major business acquisition

ZondaAcquired by , one of the leading data providers in the home construction industry. Builder digital experience (BDX), the company announced on Wednesday.

He also acquired Zonda. NewHomeSource.comone of the largest listing platforms for new homes, and imagine, a new home design platform. Founded in 2000, BDX is owned by a group of 24 of America’s largest home builders. lenner, pluto group, KB Home and beazer homesboasts over 1,200 active builders on the platform.

This acquisition marks a milestone on Zonda’s path to streamlining the new home buying process. Zonda will be able to integrate its new construction data and technology platform with the leading portal for new home information in the United States.Zonda also operates RivableCanada’s leading new property information site.

“The new home information portal, combined with Zonda’s detailed dataset, will allow us to better serve the unique needs of homebuyers, ultimately increasing buyer connection and homebuilder visibility.” ” said Zonda CEO Jeff Myers. statement.

“With the help of Zonda’s data, consumers will soon be able to find, tour, and compare specific homes within new housing communities, including model home listings and sample floor plans. It’s a much more dynamic experience than just looking at it,” Myers added. “This is a game-changer for the industry and will not only create a more attractive platform for consumers, but will also create an incredibly rich amount of data for builders to inform their business and pricing strategies. ”

Homebuyers will now have access to a premium digital homebuying experience, and builders will be able to leverage new data about consumer buying habits and trends to implement better marketing strategies.

Demand for new construction continues unabated. Chief Economist Robert Dietz said: National Home Builders Association (NAHB), new homes accounted for approximately 30% of total market inventory in 2023, compared to the historical norm of 12%. Experts are predicting another strong year for home builders, which received high scores in an industry sentiment survey conducted earlier this month.

“This acquisition is a historic moment in the new housing industry and will further increase leads and visibility for the builder and its homes,” BDX CEO Kevin Krone said in a statement. Ta. “Zonda, with its rich data and technical experience, is the ideal choice to take our vision to the next level. As builders compete to meet consumer demand for new homes, we We are excited to have Zonda take our technology platform to the next level and ultimately drive growth across the industry.”

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