California-based housing data company Zonda announced today that it’s acquiring BuzzBuzzHome, the online real estate listings portal serving the new residential construction market and the owner of the Livabl media brand.
For Zonda, the acquisition is an important step on its journey to become a leading provider of residential real estate information in the new home space.
“This is a significant milestone for Zonda and a very positive way to transform our business going forward,” said Zonda CEO Jeff Meyers.
“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,” he added.
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Created in late 2018 following the merger of US companies Hanley Wood and Meyers Research, Zonda has become a leading brand in residential construction by providing data-driven housing market solutions to the homebuilding industry. The company recently acquired Vancouver-based Urban Analytics to expand its data capabilities into the urban and multi-family markets.
Since its 2009 launch in Toronto, BuzzBuzzHome has grown to become a leader in online new home search for consumers and a powerful data-driven marketing tool for developers, brokerages and marketing agencies across the US and Canada.
Zonda says the addition of the BuzzBuzzHome new home listings portal will be complemented by its existing House Plans business that currently taps into approximately two million home shoppers monthly.
“Becoming part of Zonda is a critical step in BuzzBuzzHome’s progression,” said BuzzBuzzHome Co-Founder Matthew Slutsky.
“We founded the company with the mission of perfecting the online experience for finding, buying, selling and renting new construction homes, and with Zonda’s and Urban Analytics’ industry-leading platforms and strong client bases, we will give our existing customers access to resources and a comprehensive solution that they wouldn’t have previously had,” Slutsky continued.
BuzzBuzzHome Co-President Cliff Peskin attributed the company’s success to its team’s passion for accuracy and completeness in its new home data.
“This is why Zonda, with their advanced technology stack and experienced leadership all geared around housing data, is the perfect company to help rapidly grow our platform,” Peskin said.
Read more about Zonda’s acquisition of BuzzBuzzHome here.