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Zonda Will Acquire BDX and the Leading Consumer Website for New Construction Home Listings
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." Additional Benefits of the Deal For Home Shoppers: Timely Listings Data: Consumers will be able to view the most complete catalog of new homes and communities in America – updated from direct builder feeds and Zonda's data platform. Community Maps: With Zonda's map integrations, home shoppers will be able to see listings for specific home sites within communities, as well as listing status, floor plan options and community layout. Most listing portals today provide information on only a few homes or floor plans within a community. 3D & 2D Floor Plans: Visualize homes with fully integrated renderings of builder floor plans in both 3D and 2D. Design/Customization Tools: With the Envision platform, consumers will be able to customize their new home before they move in using a fully immersive online design center. Consumers will be able to select their home's finishings from more than 225 product manufacturer brands, see structural and floor plan modifications, and preview how it will look in an integrated visualizer. Self-Guided Tours: With Zonda's integration with UTour, consumers will be able to schedule tours and preview homes on-demand and enjoy interactive, self-guided tours without a salesperson. For Home Builders: More Leads: Higher quality leads and the ability to drive deeper engagement with buyers throughout the entire home shopping lifecycle. Benchmarking Data: With Zonda's builder dashboard, builders will have access to new benchmarking analytics and insights into consumer buying habits and trends. Lead Conversion Stats: Builders will gain deeper insights into the lifecycle of their leads, lead volume, and geography trends for home shoppers. Industry Experts: With Zonda's team of industry experts, builders will have access to more educational opportunities to gain insights about market dynamics and more. About Zonda 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. About BDX 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.
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HomesUSA.com Debuts 'Breakthrough' Tech Platform for Builders
Automated SpecDeck elevates MLS listings in Houston, San Antonio and Austin Dallas, TX – December 14, 2023 – HomesUSA.com, the No. 1-ranked US brokerage for new home sales, announced the debut of its new, groundbreaking Multiple Listing Service distribution platform for home builders in Houston, Austin and San Antonio, and will also launch in Dallas-Ft. Worth, set for early 2024. Called SpecDeck, its cutting-edge technology empowers builders to replace their in-house MLS listing process. SpecDeck uses strategic automation to create a more streamlined and simpler way for builders to have their listings fully managed, and it's the first time automation has been fully leveraged in the MLS listing process. Most importantly, according to HomesUSA.com, SpecDeck more than pays for itself, generating hundreds of additional dollars in profits on average for every listing when production builders enter all their listings into the platform. Builders who sell more than 100 new homes a year – also known as production builders – continue to struggle in maintaining their MLS home listing data, which is often the core distribution source for other home sales channels, like Zillow, Homes.com, BDX, realtor.com, and other real estate portals. "HomesUSA.com built SpecDeck as a breakthrough MLS listing and data distribution process for builders," said Ben Caballero, founder and CEO of HomesUSA.com and creator of SpecDeck. "Through automation and human verification, SpecDeck manages 52 different automated validations for every new home listing as it advances from the lot stage to construction and completion phases. It's the most accurate, advanced MLS system for builders available today." Now in Beta rollout in three of the largest home building markets in Texas – and the US – SpecDeck is already being embraced by HomesUSA.com's top builder clients. The No.1-ranked real estate agent by transaction sides and dollar volume each year since 2013, Caballero calls SpecDeck "the most important technology advancement for builders" since he debuted his HomesUSA.com service in 2007. Research shows that, depending on the builder and market conditions, HomesUSA.com delivers builders $700 to $1,100 more in profits per listing versus non-clients. "The day of builders trying to manually manage their listings in the MLS needs to end because it is too costly," added Caballero. "Why would a builder waste money on a manual MLS system when they can make money with SpecDeck?" he asked rhetorically. SpecDeck features a modern dashboard, intuitive navigation, an aesthetically pleasing graphical interface, improved speed, and, perhaps most importantly to top builders, strong security. After the builder's data is transferred, SpecDeck manages the entire MLS listing process, keeping all information updated and current to promote new home listings accurately through the MLS and all other sales channels. The three-time Guinness World Records title holder for "Most annual home sale transactions through MLS by an individual sell-side real estate agent," Caballero and his HomesUSA.com brokerage exclusively works with more than 60 builders in Dallas-Ft. Worth, Houston, Austin, and San Antonio. Learn more about HomesUSA.com and SpecDeck online at homesusa.com. About Ben Caballero and HomesUSA.com® Ben Caballero, founder and CEO of HomesUSA.com, is a three-time Guinness World Records title holder for "Most annual home sale transactions through MLS by an individual sell-side real estate agent." Ranked by REAL Trends® as America's top real estate agent for home sales since 2013, Ben is the most productive real estate agent in US history. He is the only individual real estate agent to exceed $3 billion in residential sales transactions in a single year (2022), the first agent to exceed $2 billion (2018, 2019, 2020), and the first agent to exceed $1 billion (2015, 2016, 2017). Ben, an award-winning innovator and technology pioneer, works with more than 60 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. His podcast series is available on iTunes and Google Podcasts. Learn more at HomesUSA.com | X: @bcaballero and @HomesUSA | Facebook: /HomesUSAdotcom.
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RESAAS Enters Real Estate Developer Sector through Partnership with IMAGIN Images
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Texas home builders see 'market shift' as total sales drop
HomesUSA.com reports higher new home prices despite more active listing inventory Dallas, TX - August 22, 2022 -- As more new home listings appear in local Multiple Listing Services, Texas home builders are seeing a “market shift.” New home sales dropped last month as new home inventory continued to increase according to Ben Caballero, the nation’s top-ranked real estate agent and CEO of HomesUSA.com. According to the July 2022 HomesUSA.com New Home Sales report, the 3-month moving average of new home sales for Dallas-Ft. Worth, Houston, Austin, and San Antonio fell in July to 3,724 versus 4,098 in June. Active listings in the local MLSs in Dallas-Ft. Worth, Houston, Austin, and San Antonio jumped to 18,950 in July, up from 15,131 in June – an increase of over 25% in the last 30 days. “Texas home builders are experiencing a significant market shift,” said Caballero. “Total new home sales are down, while prices and inventory continue to increase,” he added. “Surprisingly, new homes sold at a faster pace, spending fewer days on the market,” Caballero noted. “And while these market changes are challenging builders, I expect the strength of the Texas economy will insulate Texas home builders from a significant slowdown,” he said. The HomesUSA.com New Home Sales Index shows the new home sales pace quickened again last month as the 3-month moving average for Days on Market was 51.19 days, down from 54.07 days in June.The HomesUSA.com July 2022 Texas new homes report used data from the REALTOR Associations of Austin, North Texas Real Estate Information Systems, Houston, and San Antonio. New home prices statewide increased last month – a continuing trend. The 3-month moving average of new home sale prices in July was a record $469,683 versus $458,448 in June. The average new home price is up over $78,500 since July 2021, an increase of more than 20 percent year-over-year. The average new home price set a record high in three major Texas new home markets. Dallas-Ft. Worth was $513,727 in July versus $501,327 in June. Houston ($424,398 versus $419,573) and San Antonio ($407,028 versus $391,577) also posted record prices. The average new home price also was higher in Austin ($546,978 versus $541,079), but short of the Feb. 2022 record of $561,134. Caballero noted statewide pending new home sales also dropped, impacted by buyer cancellations. In July, the 3-month average of pending new home sales statewide was 4,240 versus 4,379 in June. Three of the four major new home markets in Texas – Dallas-Ft. Worth, Houston, and San Antonio – reported a drop in pending sales last month. Conversely, Austin reported a slight increase of pending sales in July to 617 from 594 in June. The HomesUSA.com Texas New Home Sales Report and New Home Sales Index are being shared in advance of the Commerce Department’s release of its nationwide New Residential Sales Report for July, set for Tuesday, August 23 at 10:00 am Eastern. The HomesUSA.com monthly report includes 3-month and 12-month moving averages for six essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings. Caballero explained the 3-month moving average indices track market seasonality, while the 12-month moving average removes the seasonality and tracks the longer trend. Days on Market – New Homes in Texas (Exclusive Data) The HomesUSA.com New Home Sales Index showed the 3-month moving average of Days on Market declined statewide and in all four major new home markets in July. Houston’s DOM was 60.05 days versus 64.75 days in June. In Austin, the DOM decreased to 25.76 days versus 26.72 days in June. In Dallas-Ft. Worth, the DOM decreased to 50.32 days from 51.42 days in June. In San Antonio, the DOM was 56.46 days versus 57.03 days in June. (See Chart 1: Texas New Homes Days on Market) Texas New Home Sales Data Based on all available local MLS data, total new home sales in Texas were lower statewide and in all four major new home markets last month, according to the 3-month moving average. In Houston, July’s total sales were 1,514 versus 1,691 in June. Dallas-Ft. Worth new home sales also decreased to 1,180 versus 1,285 in June. In San Antonio, new home sales decreased to 454 from 538 in June. In Austin, July sales totaled 576 versus 584 in June. (See Chart 2: Texas New Home Sales) Texas New Home Prices The average price of new homes in Texas shows higher prices statewide and in all four major new home markets last month. Dallas-Ft. Worth reported its 3-month moving average price for new homes was higher in July at $513,727 versus $501,327 in June. Houston's average new home price was also higher in July at $424,398 versus $419,573 in June. In San Antonio, the average new home price increased in July at $407,028 versus $391,577 in June. Austin's 3-month moving average price also rose in July to $546,978 from $541,079 in June. (See Chart 3: Texas New Home Prices) Texas Sales-to-List Price Ratio New home sales statewide and in Dallas-Ft. Worth, Houston, Austin, and San Antonio still hover near 100 percent of the asking price and in two markets, exceeded it. Statewide, the 3-month moving average of the sales-to-list price ratio in July was 99.899 versus 99.954 percent in June. Dallas-Ft. Worth’s ratio was 100.605 versus 100.688 percent in June. In Houston, the ratio was 99.018 versus 99.097 in June. In Austin, the sales-to-price ratio in July was 100.774 versus 100.939 percent in June. San Antonio's ratio in July was 99.888 versus 99.853 in June. (See Chart 4: Texas Sales-to-List Price Ratio) Texas Pending New Homes Sales Data Based on local MLS data, pending new home sales dropped statewide and in three of the four Texas major new home markets last month. Statewide MLS data shows pending sales in July were 4,240 versus 4,379 in June. Houston’s pending sales in July were 1,607 versus 1,725 in June. In San Antonio, pending sales last month were 446 versus 467 in June. Pending new home sales last month in Dallas-Ft. Worth were 1,569 versus 1,593 in June. Austin was the exception, as pending sales in July were 617 versus 594 in June. (See Chart 5: Texas Pending New Home Sales) Texas Active Listings for New Homes MLS data shows the 3-month moving average for active listings statewide increased in July to 18,950 versus 15,131 in June. Last month, all four major Texas new home markets posted higher active listings. Dallas-Ft. Worth's active listings in July were 4,595 versus 2,915 in June. Last month's active listings in Houston were 8,911 versus 7,900 in June. July’s active listings in Austin were higher at 2,797 versus 2,129 in June. San Antonio reported active new home listings in July were 2,647 versus 2,186 in June. (See Chart 6: Texas Active Listings and Chart A: 12-Month Moving Averages) About the HomesUSA.com New Home Sales Index The HomesUSA.com Index is reported as both a 3-month and 12-month moving average of the Days on Market (DOM) for new homes listed in the local Multiple Listing Services (MLSs) for the four largest Texas markets, including Dallas-Ft. Worth, Houston, Austin, and San Antonio. Created by Ben Caballero, founder and CEO of HomesUSA.com, it is the first Days on Market index to track Texas's new home market and includes homes listed while under construction. About Ben Caballero and HomesUSA.com® Ben Caballero, founder and CEO of HomesUSA.com, is a three-time Guinness World Record title holder for "Most annual home sale transactions through MLS by an individual sell-side real estate agent - current." Ranked by REAL Trends as America's top real estate agent for home sales since 2013, Ben is the most productive real estate agent in U.S. history. He is the only agent to exceed $1 billion in residential sales transactions in a single year, a feat first achieved in 2015 and repeated each year through 2018 when he achieved more than $2 billion. An award-winning innovator and technology pioneer, Ben works with more than 60 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. His podcast series is available on iTunes and Google Podcasts. Learn more at HomesUSA.com |Twitter: @bcaballero - @HomesUSA | Facebook: /HomesUSAdotcom.
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ERA Real Estate Offers Listing Service for New Construction Homes
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Housing Economists Call for Increase in Home Construction
WASHINGTON (May 18, 2018) – An increase in housing supply is crucial to the health and sustainability of the real estate market and the economy, according to speakers at a session organized by the REALTOR® University Richard J. Rosenthal Center for Real Estate Studies during the 2018 REALTORS® Legislative Meetings & Trade Expo. The session, "Outlook for Home Prices and Residential Construction," focused on rapidly rising home prices, tight home inventories and whether or not the country is in the middle of a bubble. All three of the panelists agreed that more new home construction is necessary to meet rising demand from increasing household formation and curtail the affordability crisis. "Young adults of today are forming households at a much lower rate than previous generations, and high housing costs contribute to that," said Len Kiefer, deputy chief economist for Freddie Mac. According to Kiefer, one third to three quarters of U.S. markets have an elevated home price-to-income ratio and many major markets, such as Austin, Miami and Portland, are getting close to surpassing their 2008 ratio. "Are we in a bubble? No, not currently," said Kiefer. He outlined ways the current market is different from the one leading to the recession, such as no signs of over leveraging and the very low ratios of household income to debt. The aggregate risk of mortgages in the U.S. is also comparatively low "Those risky loans that contribute to the last bubble have largely gone away in the current market," he said. However, the panelists were quick to point out that just because we are not currently in a bubble does not mean we won't enter one. If supply and demand continues to become more and more out of balance, it could trigger a fast price growth, said NAR Chief Economist Lawrence Yun. "A best-case scenario is largely dependent on new home construction. An increase in inventory will provide some much-needed release," he said. Ken Simonson, chief economist for Associated General Contractors of America, discussed how low employment in construction is also contributing to the lag in new home construction, despite high demand. "Construction saw a 30 percent drop in employment in the previous decade, the largest drop of any industry. They also began laying people off a year before the recession began and did not start hiring again until much later than other industries," said Simonson. This has led to difficulty in bringing skilled laborers back to the industry. "Construction companies are having to hire people with no experience and spend more time and money on training," he said. Material costs have also contributed to the low rate of construction. The price of diesel fuel, which is used in earth moving vehicles and in transporting materials, has risen 42 percent since 2017. The cost of lumber and plywood has also increased 11 percent, copper and brass mill shapes have risen 10 percent and ready-mix concrete has risen 7 percent. The National Association of Realtors® is America's largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries.
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Despite Record-High Costs, New Home Construction Showed Modest Growth in the Fourth Quarter, Redfin Finds
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HUD and Census Bureau Report Residential Construction Activity in November 2017
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for November 2017. Building Permits: Privately owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,298,000. This is 1.4 percent (±1.7 percent)* below the revised October rate of 1,316,000 but is 3.4 percent (±2.3 percent) above the November 2016 rate of 1,255,000. Single-family authorizations in November were at a rate of 862,000; this is 1.4 percent (±1.6 percent)* above the revised October figure of 850,000. Authorizations of units in buildings with five units or more were at a rate of 395,000 in November. Housing Starts: Privately owned housing starts in November were at a seasonally adjusted annual rate of 1,297,000. This is 3.3 percent (±9.1 percent)* above the revised October estimate of 1,256,000 and is 12.9 percent (±11.7 percent) above the November 2016 rate of 1,149,000. Single-family housing starts in November were at a rate of 930,000; this is 5.3 percent (±10.2 percent)* above the revised October figure of 883,000. The November rate for units in buildings with five units or more was 359,000. Housing Completions: Privately owned housing completions in November were at a seasonally adjusted annual rate of 1,116,000. This is 6.1 percent (±10.4 percent)* below the revised October estimate of 1,189,000 and is 7.2 percent (±12.5 percent)* below the November 2016 rate of 1,203,000. Single-family housing completions in November were at a rate of 752,000; this is 4.6 percent (±12.0 percent)* below the revised October rate of 788,000. The November rate for units in buildings with five units or more was 353,000. The December report is scheduled for release on January 18, 2018. Read more about new residential construction activity. Explanatory Notes In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take three months to establish an underlying trend for building permit authorizations, six months for total starts, and six months for total completions. The statistics in this release are estimated from sample surveys and are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated relative standard errors of the most recent data are shown in the tables. Whenever a statement such as “2.5 percent (±3.2 percent) above” appears in the text, this indicates the range (-0.7 to +5.7 percent) in which the actual percentage change is likely to have occurred. All ranges given for percentage changes are 90 percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percentage changes shown in the tables. On average, the preliminary seasonally adjusted estimates of total building permits, housing starts and housing completions are revised 3 percent or less. Explanations of confidence intervals and sampling variability can be found at the Census Bureau’s website. * The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from zero.
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HUD and Census Bureau Report Residential and Construction Activity in July 2017
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BuildersUpdate.com Selected as Exclusive New Construction Data Supplier to Realtors Property Resource®
AUSTIN, Texas--BuildersUpdate.com has reached an exclusive agreement with Realtors Property Resource® (RPR®) to provide RPR with new home construction data for REALTORS® to access nationwide. "RPR is very excited about this new partnership," said RPR CEO Dale Ross. "Our goal is to provide REALTORS® with the latest in high value property information to assist their clients and customers at all levels of the real estate transaction. By adding new home construction data through Builders Update, agents will have access to an important resource in today's rapidly changing market, while being protected in the sales process." According to Bill Gaul, CEO of Builders Update, new home data availability for agents is often spotty and difficult to acquire. The agreement will initially make about 100,000 new home listings available to agents through RPR. "We are pleased that we have worked out an agreement with RPR®, a system that is both technically advanced and highly regarded in the country as the 'go-to' resource for licensed agents," said Gaul. "I was immediately impressed after receiving a presentation about RPR® capabilities and functionality, however, a depth of new home construction data was missing." Bob Seeman, VP of Business Development for Builders Update, added, "Agents want to sell homes, brokers want to make money, and once agents realize how easy it is to use this data provided to RPR in their presentations, they will increase their earnings potential. Agents will now have 24/7 access to thousands of new home listings and builders will be able to make their homes available to hundreds of thousands licensed Realtors® working with pre-qualified buyers who would consider a new home." Builders typically spend a great deal of money and time trying to woo consumers directly, but in fact, according to NAR, 64% of new home construction is sold with the help of a REALTOR®. "The reality," said Gaul, "is that reaching agents using a tool like this is far more cost-effective for a builder because the agents are ready with a pre-qualified client. About BuildersUpdate.com BuildersUpdate.com is a web-based search engine to locate new home inventory, communities, to-be-builts, and coming soon communities.
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Top Producing Tech Platform offered to Homebuilders in Top U.S. Markets
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Builders Digital Experience (BDX) Updates New Home Source Professional Platform For Real Estate Agents
AUSTIN, TX (APRIL 26, 2016)--Builders Digital Experience (BDX) has launched major updates to the NewHomeSourceProfessional.com platform, which allows real estate agents to search for new construction homes and is used by a number of MLSs nationwide to complement their current database. With listing data provided directly from thousands of builders nationwide, the new platform offers a modern interface, more search filters, multiple result views (homes or communities in list, photo, and map options), expanded detail pages, and printable reports, plus saved searches and saved listings that can be shared directly with clients. All agents with a free account on New Home Source Professional now also get a free, multi-purpose Consumer Portal, which serves as both a standalone, agent-branded new construction website for agents to generate new business and a place for clients to review shared listings and searches. In 2015, nearly 10% of all homes sold were new construction, according to the National Association of Homebuilders. Yet because much of the inventory is in the form of builder plans that do not have fixed addresses or prices, it often doesn't appear in MLS systems. That's why over 25 MLSs partner with BDX to provide New Home Source Professional to members. Current partners include CRMLS, MRIS, MRED, MFRMLS, MIAMI, ARMLS, MLSListings, GLVAR and ABOR. MLSs have added the platform through a no-cost partnership with BDX, which includes an MLS-branded version of New Home Source Professional. More than 400,000 agents currently have access the platform via their MLS. "New Home Source Professional gives my Subscribers access to the unique information on a new property that does not fit into the traditional MLS," said Sean Murphy, Executive Vice President of the MLS of Southern Arizona. "Their team has been responsive to the feedback from my Subscribers and it shows in the updated platform. The updates to the platform will make using the service a more fulfilling and productive experience for my Subscribers." The new tools are in addition to existing platform features and information, including builder contact information, interactive assets, compensation details, promotions, events, community-level data and educational articles and videos for agents. The updates are for desktop and tablet users, with mobile set for a summer launch. The platform updates were based on feedback from agents and BDX's MLS partners, who are part of an expanding industry effort to make sure agents have single access to all new construction inventory and develop relationships between agents and builders. About Builders Digital ExperienceBuilders Digital Experience (BDX) is a leading provider of digital marketing and sales solutions for home builders. In addition to hosting the top new home listing site (NewHomeSource.com), and providing distribution of new home listings to hundreds of real estate websites, BDX offers website development, interactive floor plans, photo realistic renderings, and digital sales solutions to builders and real estate developers. Together these online and interactive resources help builders create a true digital experience for their buyers. For more information, visit http://www.thebdx.com.
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Realtor.com® Identifies America's Boom Towns
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NAR HOME Survey Underscores Need for More Single-family Home Construction
  WASHINGTON, March 15, 2016 — Over three-quarters of surveyed households would purchase a single-family home if they were to buy in the next six months, and 79 percent of renters would choose to buy outside of an urban area, according to the second installment of the National Association of Realtors® new quarterly consumer survey. The survey also found that confidence about now being a good time to buy is waning amongst renters, particularly in the West – where prices have solidly risen. In NAR's first quarter Housing Opportunities and Market Experience (HOME) survey, respondents were asked about their confidence in the U.S. economy and various questions about their housing expectations and preferences, including a question on if they were to purchase a house in the next six months, what type of home and in what area would they choose to buy.   The survey data reveals an overwhelming consumer preference for single-family homes in suburban areas. Most current homeowners (85 percent) and 75 percent of renters said they would purchase a single-family home, while only 15 percent of homeowners and 21 percent of renters said that would buy in an urban area. Lawrence Yun, NAR chief economist, says the survey findings call attention to the glaring need for more supply of single-family homes. "The American Dream for most consumers is not a cramped, 500-square-foot condo in the middle of the city, but instead a larger home within close proximity to the jobs and entertainment an urban area provides," he said. "While this is not a new discovery, supply and demand imbalances and unhealthy levels of price growth in several metro areas have made buying an affordable home an onerous task for far too many first-time buyers and middle-class families." According to Yun, it's time for homebuilders to double their focus on constructing single-family homes. With millennials increasingly buying in the suburbs – as NAR reported earlier this month – tight inventory and affordability concerns will likely worsen without significant headways made in housing starts in relation to job creation. Renters lose optimism about now being a good time to buy Heading into the spring buying season, NAR's survey found that compared to the December 2015 survey the same share of homeowners (82 percent) but fewer renters (62 percent versus 68 percent last quarter) believe that now is a good time to buy. "A high number of homeowners are expressing that it's a good time to buy and this sentiment is no doubt being fueled by the $4.4 trillion in housing equity accumulation in the past three years," says Yun. "On the other hand, accelerating home prices and the perceived difficulty in obtaining a mortgage appears to be tugging at the confidence of renters." Overall, respondents over the age of 65, those living in the Midwest and those with incomes over $100,000 were the most optimistic about buying now. Among current homeowners, fewer (56 percent) believe it is a good time to sell compared to the fourth quarter of 2015 (61 percent). Amidst steep price increases and tight supply, respondents in the West were the most likely to think now is a good time to sell, while also being the least likely to think now is a good time to buy. Slightly fewer households think the U.S. economy is improving Among all households in the survey, less than half believe the economy is improving (48 percent), down from 50 percent in last quarter's survey. Renters, those living in urban areas and respondents with lower incomes were the most optimistic. The HOME survey's monthly Personal Financial Outlook Index of all households has slightly dipped (to 58.1) since December (59.6), but is mostly unchanged from March 2015 – reflecting stable confidence that respondents' financial situation will be better in six months. Currently, renters, younger and lower income households and those living in urban areas are more optimistic about their future financial situation. Location matters depending on lifestyle Across all age groups, when asked about their future buying preferences, survey responses were closely tied to each generation's typical lifestyle, with younger buyers being more likely to consider buying a single-family home. Not surprisingly, renters and younger buyers would for the most part purchase larger homes, whereas older buyers would purchase similar or smaller sized homes. Highlighting the apparent appetite for some older households to downsize and live in the city, respondents over the age of 65 were the most likely to consider a condo and nearly as likely as respondents under the age of 35 to consider purchasing in an urban area. Most respondents indicated their preference to stay in a similar area to their current living situation if they were to buy in the next six months. Over two-thirds of those living in rural areas and 75 percent of those living in suburban areas would buy in a similar area. Only those living in an urban area would be more likely to move elsewhere, with a suburban area within 20 miles of the city being the most frequent choice of urban buyers moving to another type of area. About NAR's HOME survey In January through early March 2016, a sample of U.S. households was surveyed via random-digit dial, including half via cell phones and the other half via land lines. The survey was conducted by an established survey research firm, TechnoMetrica Market Intelligence. Each month approximately 900 qualified households responded to the survey. The data was compiled for this report and a total of 2,781 household responses are represented.
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Realtor.com® 2016 Housing Forecast Predicts Healthy Market with New Construction Driving Highest Level of Home Sales Since 2006
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New Home Listings From BDX Now Featured on Homes.com
AUSTIN, TX, OCTOBER 20, 2015 — Builders Digital Experience (BDX), industry aggregator of the number one new home search site, NewHomeSource.com, and leading provider of digital marketing and sales solutions for home builders announced they have launched their new home listings on Homes.com. Homes.com® is the fourth largest real estate website and leading online real estate destination and provider of real estate marketing solutions. Through the partnership, BDX is the exclusive provider of aggregated new home listings on Homes.com, adding approximately 80,000 new construction listings and dramatically expanding consumer choices as they search for their next home. Builders listing all of their communities with BDX will automatically have their data included on the Homes.com website. "We are excited to expand our distribution of new home content to Homes.com. This partnership provides BDX builder customers with access to a large incremental audience of home shoppers who may not have considered new construction," said Peter Brumme, Builders Digital Experience Vice President and General Manager. "Providing Homes.com with the most comprehensive and up to date set of new home plans means consumers using Homes.com can greatly broaden their options for new homes," said Brumme Through the partnership with BDX home builders will receive the following benefits on Homes.com: Access to more than 13 million transaction-ready consumers visiting Homes.com each month. Leads delivered directly to BDX builders. Placement in a dedicated new homes section on Homes.com. Immediate ability to add new home listings on Homes.com through the BDX platform. New home plans are also featured within the main search results page alongside resale homes. "Homes.com is thrilled to officially launch the BDX partnership on Homes.com, supporting our ongoing efforts to provide consumers with more quality listings along with direct access to real estate professionals in their local area," said David Mele, president of Homes.com. "With 90 percent of the consumers visiting Homes.com looking for their next home, builders listing with BDX offer our consumers additional options to consider when purchasing their next home." Builders interested in having their new home plans included on Homes.com should visit http://www.theBDX.com. About Builders Digital Experience Builders Digital Experience (BDX) is a leading provider of digital marketing and sales solutions for home builders. In addition to hosting the top new home listing site (NewHomeSource.com), and providing distribution of new home listings to hundreds of real estate websites, BDX offers website development, interactive floor plans, photo realistic renderings, and digital sales solutions to builders and real estate developers. Together these online and interactive resources help builders create a true digital experience for their buyers. For more information, visit http://www.theBDX.com. About Homes.com Homes.com is a leading provider of real estate marketing and media services, including brand advertising, property listing exposure and syndication, search engine marketing and instant response lead generation. Homes.com Connect offers the real estate industry's first-ever all-inclusive marketing platform for agents and brokers featuring single-login convenience. Homes.com is visited by more than 13 million consumers each month to search three million properties for sale or rent, to locate real estate agents in their area and to find useful home buying tips. For more information, visit http://www.Homes.com.
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Builders Digital Experience Continues to Build Support for Industry Initiative
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Homes.com and BDX Announce Exclusive Partnership
  NORFOLK, VA. SEPTEMBER 02, 2015 —Homes.com®, leading online real estate destination and provider of real estate marketing solutions, is now partnering with Builders Digital Experience (BDX), a leading provider of digital marketing and sales solutions for home builders and the digital aggregator of new home content from builders throughout the U.S. BDX will be the exclusive provider of aggregated new home listings on Homes.com, adding approximately 80,000 new construction listings and dramatically expanding consumer choices as they search for their next home. Builders listing all of their communities with BDX will automatically have their data included on the Homes.com website. "This new partnership with BDX offers consumers searching for their next home more quality listings, direct access to local builders and a more comprehensive picture of the local housing market and inventory, while reinforcing Homes.com's position as a leader in the online real estate space," said Dave Mele, president of Homes.com. "With 90 percent of the consumers visiting Homes.com looking for their next home and over half wanting a home that is 'move-in ready,' partnering with BDX to add more new construction options is a win for everyone." Homes.com's partnership with BDX offers new home builders: Access to more than 13 million transaction-ready consumers visiting Homes.com each month. Exclusive, real-time leads delivered directly to BDX builders. Immediate ability to add new home listings on Homes.com through the BDX platform "We know that 56 percent of homebuyers go into a home search considering new construction, and now through our relationship with Homes.com, homebuyers now have access to additional new home content in their search for available home options in their area," said Peter Brumme, Builders Digital Experience vice president and general manager. Builders interested in learning more about advertising on Homes.com or the benefits of BDX should visit http://connect.homes.com/advertise/builders/. About Homes.com Homes.com is a leading provider of real estate marketing and media services, including brand advertising, property listing exposure and syndication, search engine marketing and instant response lead generation. Homes.com Connect offers the real estate industry's first-ever all-inclusive marketing platform for agents and brokers featuring single-login convenience. Homes.com is visited by more than 13 million consumers each month to search three million properties for sale or rent, to locate real estate agents in their area and to find useful home buying tips. For more information, visit http://www.Homes.com. About Builders Digital Experience Builders Digital Experience (BDX) is a leading provider of digital marketing and sales solutions for home builders. In addition to hosting the top new home listing site (NewHomeSource.com), and providing distribution of new home listings to hundreds of real estate websites, BDX offers website development, interactive floor plans, photo realistic renderings, and digital sales solutions to builders and real estate developers. Together these online and interactive resources help builders create a true digital experience for their buyers. For more information, visit http://www.theBDX.com.
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Builders Update Joins Forces with My Florida Regional MLS
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New Home Source Professional Launches New Home Data for MRIS Customers
Austin, Texas (January 15, 2015)--Builders Digital Experience, Inc. (BDX) announced that customers of Rockville, MD based Metropolitan Regional Information Systems (MRIS), the industry-leading Mid-Atlantic region multiple listing service (MLS), now have access to new home construction data. The new home data is compiled solely from real estate agent-friendly builders (builders committed to pay compensation to real estate agents participating in the transaction) and is available via a new integration agreement with New Home Source Professional. New Home Source Professional is the premier web site for real estate professionals to get all of the information that they need about new homes and communities for their clients. Designed specifically for real estate agents, New Home Source Professional has the largest searchable collection of new homes available anywhere, including plans, builder promotions and community-level data. MRIS is part of a growing list of MLS organizations across the country that are working with New Home Source Professional to bring this new home data to MLS customers. As part of the agreements, these MLSs have a turnkey, branded "new home channel" accessible through their MLS interface. MLS customers can search and view builders' new home inventory from within their MLS systems through a customized version of NewHomeSourceProfessional.com. This access to new home information allows agents to serve buyers in an increasingly competitive digital landscape. MLS integrations are already active and available for customers of the following MLSs: MRIS in the Mid-Atlantic area including Maryland, Washington, D.C., Northern Virginia and parts of West Virginia, Pennsylvania and Delaware. Midwest Real Estate Data (MRED) in Chicago, IL; California Regional Multiple Listing Service (CRMLS) in Los Angeles and Orange County; MLSListings in the Greater San Francisco Bay Area; Austin Board of REALTORS® (ABOR) in Austin, TX; Greater Las Vegas Association of REALTORS® (GLVAR) in Las Vegas, NV. East Bay Regional Data Inc. (EBRDI) in Concord, CA Contra Costa Association of REALTORS® (CCAR) in Walnut Creek, CA; Bay East Association of REALTORS® in Pleasanton, CA; Arizona Regional MLS (ARMLS) in Phoenix, AZ; Northeast Florida Multiple Listing Service (RealtyWeb) in Jacksonville, FL; Jupiter Tequesta Hobe Sound Association of REALTORS® (JTHS MLS) in Jupiter, FL; San Diego County Regional Multiple Listing Service (Sandicor) in San Diego, CA; Regional MLS (RMLS) in Portland, OR; Tucson Association of REALTORS® MLS (TAR/MLS) in Tucson, AZ; Information and Real Estate Services (IRES), in Loveland, CO; "Nationally, based on our research of consumers and real estate agents, 48% of agents prefer selling new construction homes and our relationship with MRIS allows them to bring an unprecedented level of new home information directly to their clients," said Tim Costello, Chief Executive Officer, Builders Digital Experience. MLSs interested in adding new home community and plan listings to their member dashboard should contact Bill Barnes at BBarnes(at)theBDX(dot)com or 954-661-5301. To learn more about New Home Source Professional and MRIS, please visit http://www.mris.com/mris-products/affiliated-services/new-home-source-professional. About Builders Digital Experience Builders Digital Experience, LLC (BDX) was founded to combine the industry's leading new home resources under one roof and offer builders innovative online marketing options, streamlined customer service and support, and greater value. Capitalizing on over 14 years of building industry experience, BDX operates http://www.NewHomeSourceProfessional.com, the leading new home website for real estate agents, while also providing other services to builders, including advertising and online listings, video production, rich media renderings, mobile search, custom website production and more. For more information, visit http://www.thebdx.com. About MRIS MRIS is Real Estate in Real Time™. We're a leading provider of real estate information technology and services, and are frequently ranked among the most productive Multiple Listing Services (MLS) in the nation, facilitating over $45 billion in system wide sales in 2014. In its core market, MRIS supports over 45,000 real estate professionals spanning the Mid-Atlantic region, including Maryland, Northern Virginia, Washington, D.C. and parts of Pennsylvania, Delaware and West Virginia. MRIS provides a portfolio of technology solutions and proprietary databases for real estate professionals, as well as broker and agent software products and an industry-leading consumer portal, MRIShomes.com (formerly HomesDatabase). In addition, the CURE Solutions Group, a subsidiary of MRIS, provides proprietary back-end technology to other MLS systems, serving nearly 120,000 customers each day. Visit MRIS at MRIS.com.
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CyberCity 3D, Inc., Partners with HomeGain®
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