Zonda

United Homes Group Wins the 2024 Builder of the Year Award from Builder Magazine

Retrieved on: 
Wednesday, April 3, 2024
Environment, Zonda, Builder, History, Acquisition, UHG

NEWPORT BEACH, Calif., April 3, 2024 /PRNewswire-PRWeb/ -- Zonda today announced United Homes Group (UHG) as the 2024 recipient of the highly anticipated Builder of the Year award, bestowed by BUILDER magazine, a Zonda Media publication. The award will be presented live at the 35th annual Builder 100 Leadership Summit in Dana Point, California, in May.

Key Points: 
  • NEWPORT BEACH, Calif., April 3, 2024 /PRNewswire-PRWeb/ -- Zonda today announced United Homes Group (UHG) as the 2024 recipient of the highly anticipated Builder of the Year award, bestowed by BUILDER magazine , a Zonda Media publication.
  • The award will be presented live at the 35th annual Builder 100 Leadership Summit in Dana Point, California, in May.
  • "United Homes Group has had a remarkable year—becoming the first publicly traded home builder in roughly five years and quickly following up with several acquisitions.
  • Just two months later, it acquired Rosewood Communities, and, in early 2024, it acquired Creekside Custom Homes, both in South Carolina.

New Homes Sales Stay Strong in February -- Zonda Reports

Retrieved on: 
Thursday, March 21, 2024
Community, Pressure, Growth, PSI, QMI, Zonda, Sale, Movement, Millî Görüş, Housing, Index, ZMR, Map

NEWPORT BEACH, Calif., March 21, 2024 /PRNewswire-PRWeb/ -- The spring selling season for the new home market is shaping up to be stronger than expected. The U.S. Zonda Market Ranking for February came in as slightly overperforming, up from average this time last year. While higher interest rates and home prices have deterred some buyers, those with a strong need for a home are still finding ways to make it happen, including some help from builder incentives.

Key Points: 
  • "We need to remember not to paint the housing market with a broad brush," said Ali Wolf, chief economist for Zonda.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • Zonda monitors 18,000 active communities in the country and the homes tracked can be in any stage of construction.

New Home Sales Have Healthy Start To The Year, Reports Zonda

Retrieved on: 
Thursday, February 22, 2024
Builder, YOY, Zonda, PSI, Growth, Index, Sale, Confusion, ZMR, Frustration, Community, Movement, Housing, QMI, Face, Pressure, Casino

NEWPORT BEACH, Calif., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for January 2024.

Key Points: 
  • "Stability in mortgage rates is key for housing demand," said Ali Wolf, chief economist with Zonda.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • As a result, the New Home PSI blends the cumulative sales of activity recently sold-out projects with the average sales rate per community, which adjusts for fluctuations in supply.

Consumers React Real Time to Mortgage Rates, Zonda Reports

Retrieved on: 
Thursday, December 21, 2023
Policy, Zonda, Community, Sale, ZMR, Housing, YOY, Metro, Growth, Index, Pressure, PSI, Real estate

NEWPORT BEACH, Calif., Dec. 21, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for November 2023.

Key Points: 
  • "Rising mortgage rates, higher home prices, and the news cycle can prompt consumers to put homebuying plans on hold.
  • - Ali Wolf, Chief Economist
    The housing market was rocked in October as 8% mortgage rates proved to be both a financial and mental hurdle for many consumers.
  • Since then, a series of economic data points and policy discussions have put downward pressure on mortgage rates.
  • "What has been reinforced over the past few months is that rising mortgage rates, higher home prices, and the news cycle can prompt consumers to put homebuying plans on hold," said Ali Wolf, chief economist for Zonda.

New Home Sales Dip Amidst Wild Ride With Mortgage Rates

Retrieved on: 
Wednesday, November 22, 2023
Sale, Pressure, PSI, Yoy, ZMR, Fort Collins, Colorado, Zonda, Index, Community, Housing, Growth, QMI press agency, Retail, Real estate, Casino, Tutoring, Silviculture, Nightclub, Columbia

NEWPORT BEACH, Calif., Nov. 22, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for October 2023.

Key Points: 
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • New home sales volume is now 11% below the recent peak seen in July 2023.
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.
  • As a result, the New Home PSI blends the cumulative sales of activity recently sold-out projects with the average sales rate per community, which adjusts for fluctuations in supply.

Elevate, Inaugural Conference for Executives in Multifamily Industry, Boasts Top Names in Residential Development Behind Most Talked-About Projects

Retrieved on: 
Wednesday, November 15, 2023
Well, Astro's Playroom, Who, Dolce, Livability (charity), Fusion, Forecasting, Hearing, Tax, Central Park Tower, Requiem from the Darkness, Intelligence, Marketing, ICRAVE, Bernardo Fort Brescia, MIAMI, Asher Brand Residence, Elevate, Celebrity, Housing, Casa Tua Camden, PR, Environment, ORA, Architecture, Hotel, Pharmaceutical industry, Compass, Zonda, Fontainebleau Miami Beach

MIAMI BEACH, Fla., Nov. 15, 2023 /PRNewswire-PRWeb/ -- Granular insights, analytics and intelligence on today's high-rise consumer come together next month at Elevate, an inaugural conference by Zonda, the leaders in housing market solutions. The top minds in real estate will be on hand to explore key differences among major markets for luxury high-rise including development, design, branding, and capital raising.

Key Points: 
  • The top minds in real estate will be on hand to explore key differences among major markets for luxury high-rise including development, design, branding, and capital raising.
  • There's never been a better forum to hear from developers who are actually constructing the tallest residential buildings in the country."
  • - Jeff Meyers, CEO, Zonda
    The three-day conference, hosted at the Fontainebleau Miami from December 4-6, 2023, is jam-packed with top brass from development, architecture, marketing, sales and finance.
  • The event is a co-production of Zonda along with ARCHITECT Magazine, Multifamily Executive Magazine and Livabl, sponsored by FirstService Residential, among others.

New Home Sales Experienced Modest Drop in September, Zonda Reports

Retrieved on: 
Monday, October 23, 2023
Sale, Index, Housing, PSI, MOM, Pressure, New Home, Fort Collins, Colorado, Growth, Zonda, Community, YOY, QMI press agency, ZMR, Insurance, Real estate, Casino, Nightclub

NEWPORT BEACH, Calif., Oct. 23, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for September 2023.

Key Points: 
  • Despite the increase, Zonda's count of September new home sales captures only a modest drop month-over-month.
  • "Dynamics are shifting in the housing market as affordability worsens," said Ali Wolf, Chief Economist for Zonda.
  • While both are still true, the discussion of today's sales dynamics has been more market-by-market, builder-by-builder, product-by-product, and price point-by-price point specific."
  • Zonda's New Home Pending Sales Index (PSI) was created to help account for fluctuations in supply by combining both total sales volume with the average sales rate per month per community.

New Home Market Shows Some Resilience, According to Zonda

Retrieved on: 
Friday, September 22, 2023
Pressure, QMI, Plague, QMI press agency, Housing, PSI, Zonda, Sale, Index, Community, Yoy, New Home, SSM-700K C-Star, Marketing, Real estate, Retail, Casino

Zonda's new home sales metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.

Key Points: 
  • Zonda's new home sales metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.
  • Overall, sales have held up better than expected but seasonality and affordability challenges remain clear headwinds to the market.
  • In contrast, resale sales are down year-over-year as the lack of inventory continues to plague the market."
  • This metric shows there were 709,114 new homes sold in August on a seasonally adjusted annualized rate.

Zonda Announces Acquisition of Self-Guided Home Tour Company UTour

Retrieved on: 
Tuesday, September 5, 2023
UTour Golf, Pressure, Jeff Meyer, Zonda, Acquisition, Real estate, Livability (charity)

NEWPORT BEACH, Calif., Sept. 5, 2023 /PRNewswire-PRWeb/ -- Zonda today announced the acquisition of UTour, an on-demand, interactive self-tour experience serving the new residential construction market. This new addition to Zonda's portfolio will fully integrate with Livabl, its comprehensive new home construction listings site, and further enhance its commitment to becoming a leading residential real estate technology provider focused on the new home market.

Key Points: 
  • NEWPORT BEACH, Calif., Sept. 5, 2023 /PRNewswire-PRWeb/ -- Zonda today announced the acquisition of UTour, an on-demand, interactive self-tour experience serving the new residential construction market.
  • "This is a significant milestone for Zonda and a very positive way to add to our business.
  • - Jeff Meyers
    The acquisition of UTour expands Zonda's data capabilities alongside its previous acquisitions of Livabl and Zonda Virtual.
  • "Joining Zonda is a pivotal moment for the future of UTour," said Tom Nelson, founder of UTour.

New Home Sales Hold Steady in July, Zonda Reports in Latest New Home Market Update

Retrieved on: 
Monday, August 21, 2023
Pressure, QMI, QMI press agency, Housing, PSI, Zonda, Sale, Index, Community, Growth, New Home, Casino, Real estate, Video game, Music

NEWPORT BEACH, Calif., Aug. 21, 2023 /PRNewswire-PRWeb/ -- Today, the experts at Zonda, the housing industry's foremost advisors, released the New Home Market Update report for July 2023.

Key Points: 
  • Some of those sales are driven by incentives and discounts and some are even as prices rise in select communities again.
  • The latest data for July shows that sales have climbed 26% from the same month in 2019.
  • Zonda's new home sales metric counts the number of new home contract sales each month and accounts for both cancellations and seasonality.
  • It is necessary to monitor both new and existing home sales to establish an accurate picture of the relative health of the residential real estate market.