Due to the ongoing situation with Covid-19, we are offering 3 months free on the agent monthly membership with coupon code: COVID-19A
With an RE Technology membership you'll be able to view as many articles as you like, from any device that has a valid web browser.
Purchase AccountRE Technology lets you freely read 5 pieces of content a Month. If you don't want to purchase an account then you'll be able to read new content again once next month rolls around. In the meantime feel free to continue looking around at what type of content we do publish, you'll be able sign up at any time if you later decide you want to be a member.
Browse the siteFebruary 27 2024
Zonda will simplify the new home shopping journey for consumers and home builders by integrating its data and tech platform with the leading new home listings portal
NEWPORT BEACH, Calif. , Feb. 21, 2024 — Zonda, the leading provider of data-driven housing market solutions for the homebuilding industry, today announced it will acquire Builders Digital Experience (BDX), which includes NewHomeSource.com, the largest new construction home listings platform in the U.S., and Envision, the leading new home design platform.
Founded in 2000, BDX is owned by a group of 24 leading home builders in the U.S., including Lennar, PulteGroup, KB Home, and Beazer Homes, with more than 1,200 builders active on the platforms today. NewHomeSource.com is the largest portal for new construction listings, and Envision is used by major U.S. home builders to help buyers visualize their future home and customize finishes based on their budget.
The demand for new construction remains clear – especially as homeowner needs evolved following the Covid-19 pandemic. Nearly one in three homes on the market in the U.S. last year were a new home. Historically, newly built homes made up just 10-15% of total inventory.
This acquisition marks a significant step in Zonda's mission to streamline the new home shopping journey by helping consumers find homes easier, and, in turn, helping builders grow their business and generate more connection with home buyers. Zonda also operates Livabl, Canada's leading new construction home listings portal.
"By combining a new home listings portal with Zonda's deep dataset, we'll be able to better serve the unique needs of home shoppers, ultimately driving more connections with buyers and awareness for home builders," said Jeff Meyers, CEO of Zonda.
"We know that consumers shop for new homes and communities differently," said Meyers. "With the help of Zonda's data, consumers will soon be able to find, tour, and compare specific homes within a new home community — a far more dynamic experience than seeing a model home listing and sample floor plans. This is a game changer for the industry and will not only create a more engaging platform for consumers, but will yield incredibly rich data for builders to inform their business and pricing strategy."
"This acquisition is a historic moment in the new home industry that will drive more leads and awareness for builders and their homes," said Kevin Krone, CEO of BDX. "Zonda, with their deep data and technical experience, is the ideal choice to take our vision to the next level. As builders race to keep up with consumer demand for new homes, we're excited to have Zonda take our tech platform to the next level and ultimately fuel growth for the entire industry."
For Home Shoppers:
For Home Builders:
Zonda provides data-driven housing market solutions to the homebuilding industry. From builders to building product manufacturers, mortgage clients, and multifamily executives, we work hand-in-hand with our customers to streamline access to housing data to empower smarter decisions. As a leading brand in residential construction, our mission is to advance the home building industry, because we believe better homes mean better lives and stronger communities. Together, we are building the future of housing.
The BDX mission is to be the premier destination for connecting consumers with builders and providing an unparalleled digital experience for dreaming, finding, and designing a 'new' home. The company's flagship website, NewHomeSource.com is the leading online destination for consumers as they search for new construction communities and homes. The company brings home builders a variety of solutions for lead generation, visual content, and e-commerce. In addition to NewHomeSource, BDX also offers the Envision online design center, and a variety of visual content solutions like renderings, interactive floor plans, 3D home tours, visualization and virtual reality. Home shoppers ready to search for new construction communities and homes can visit www.newhomesource.com. Home builders interested in connecting with home shoppers will find more information at www.thebdx.com.