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Are you trying to buy a house? If so, you are likely familiar with how quickly houses are currently selling. Buyers have sometimes only minutes to decide if they want to buy a particular house, and competition is fierce. Many houses in especially hot markets like California are selling far over their listing price. Desperate buyers are even offering to forego house inspections in their urgent desire to buy a home. This kind of a crazy market begs the question, can the housing market get any hotter or is it cooling off?
Factors Creating the Hot Housing Market
Zonda, a provider of data intelligence and engagement tools to the homebuilding industry, is scaling up its capabilities through a string of acquisitions.
Zonda Acquires Canadian Listings Platform, BuzzBuzzHome
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Zonda today announced the acquisition of BuzzBuzzHome, a Toronto-based online real estate listings portal serving the new residential construction market. This new expansion into the Canadian market represents a transformative step in Zonda’s journey to become a leading provider of residential real estate information focusing on the new home market. The acquisition of BuzzBuzzHome follows the recent acquisition of Vancouver-based Urban Analytics earlier this month, which expanded Zonda’s data capabilities into the urban and multi-family markets. Bringing BuzzBuzzHome under our umbrella uniquely expands our presence in the Canadian market and we are excited about how this collaboration will continue to grow our offerings for our customers and the entire homebuilding industry. - Jeff Meyers, CEO, Zonda
Zonda buys Canadian listings platform BuzzBuzzHome bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Zonda Acquires Vancouver-Based Data Company Urban Analytics
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Pivotal acquisition expands Zonda s footprint into Canada, adds U.S. multifamily and urban market data and analytics.
Zonda today announced the acquisition of Urban Analytics, a premier Vancouver-based multifamily and urban data and analytics company. Urban Analytics has been the trusted source of real estate data for developers, planners, financial institutions and other industry stakeholders in the Vancouver, Calgary and Edmonton real estate markets for 25 years. Similar to Zonda, the company helps partners interpret the ever-changing vital statistics of the industry by providing innovative tools and intelligence services that allow them to make better decisions and maximize the value of their real estate investment.