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Buildzoom

Buildzoom

BuildZoom is an online remodeling marketplace that was founded in 2013 by Jiyan Wei and David Petersen. [1] The company is based in San Francisco, CA. [23]

BuildZoom
IndustryConstruction
FoundedMarch 2013
FounderJiyan Wei and David Petersen
HeadquartersSan Francisco, CA,United States
Websitewww.buildzoom.com

Features

BuildZoom aggregates a variety of data, including licensure information, building permits and consumer reviews, [2] which are made available through the company's website.

In 2015, the company released an application that allowed users to browse building permit data in a variety of cities.

[3]

Selected Market Insights

In September 2016, BuildZoom's Chief Economist, Issi Romem, released a study entitled "Can U.S.

Cities Compensate for Curbing Sprawl by Growing Denser" that explored the long-run relationship between U.S. cities' housing supply, their outward expansion, and their densification.

[4] The study was covered by the Wall Street Journal, [5] The Washington Post, [6] Bloomberg, [7] [8] CityLab [9] and others.

In April 2016, BuildZoom's Chief Economist released a study entitled “Has the Expansion of American Cities Slowed Down?”[1] The study visualized the outward expansion of all U.S. cities (metropolitan areas) from 1940 to 2010 and classified their behavior into three city types: expensive, expansive and legacy cities.

The study was covered by the Wall Street Journal, [1] CityLab [1] and others.

In early 2016, BuildZoom published a series of four blog posts on first-time home buyers.

[1] [1] [1] [1] Among other things, the series demonstrated that during the previous decade’s housing boom mortgage lending was available to people with a broad range of incomes, whereas since then first-time buyers had grown more financially select. The study was covered by the Associated Press, [1] USA Today [1] and others.

In 2015, BuildZoom collaborated with the Urban Economics Lab at the MIT Center for Real Estate to produce the BuildZoom & Urban Economics Lab Index, a set of indices tracking residential remodeling and new construction activity.

[1] The Index leverages BuildZoom’s national repository of building permit data and is currently released quarterly.

In May 2014, BuildZoom collaborated on a research project with RealtyTrac to show the return-on-investment associated with home improvement expenditures prior to a sale. [2]

In November 2014, they showed a correlation between rising rental rates and decreased home improvement spending in San Francisco.

[2]

History

The company participated in Y Combinator [2] and subsequently raised $1.4 million in seed financing from several investors including Formation 8 in June 2013. [2]

In October 2014, the company raised a second round of financing, estimated at $2.15 million.

[2]

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
May 13, 2017, 12:13 AM
[2]
Citation Linkindependent.com“BuildZoom Connects You to Contractors”
May 13, 2017, 12:13 AM
[3]
Citation Linkbuildzoom.com
May 13, 2017, 12:13 AM
[4]
Citation Linkbusinesspress.vegas“BuildZoom uses permit data to link homeowners, contractors”
May 13, 2017, 12:13 AM
[5]
Citation Linkbuildzoom.com"Can U.S. Cities Compensate for Curbing Sprawl by Growing Denser?"
May 13, 2017, 12:13 AM
[6]
Citation Linkblogs.wsj.com"What If Urban Sprawl Is the Only Realistic Way to Create Affordable Cities?"
May 13, 2017, 12:13 AM
[7]
Citation Linkwashingtonpost.com"The ugly choice American cities face"
May 13, 2017, 12:13 AM
[8]
Citation Linkbloomberg.com"What's Wrong With America's Dream of City Living"
May 13, 2017, 12:13 AM
[9]
Citation Linkbloomberg.com"We Don't Have to Give In to Sprawl"
May 13, 2017, 12:13 AM
[10]
Citation Linkcitylab.com"The Density Paradox"
May 13, 2017, 12:13 AM
[11]
Citation Linkbuildzoom.com"Has The Expansion of American Cities Slowed Down?"
May 13, 2017, 12:13 AM
[12]
Citation Linkblogs.wsj.com"Why the Great Divide Is Growing Between Affordable and Expensive U.S.Cities"
May 13, 2017, 12:13 AM
[13]
Citation Linkcitylab.com"Blame Geography for High Housing Prices?"
May 13, 2017, 12:13 AM
[14]
Citation Linkbuildzoom.com"Are First-Time Buyers Buying Too Few Homes?"
May 13, 2017, 12:13 AM
[15]
Citation Linkbuildzoom.com"Why First-Time Buyers Matter For The Housing Market"
May 13, 2017, 12:13 AM
[16]
Citation Linkbuildzoom.com"The Rising Income of First-Time Home Buyers"
May 13, 2017, 12:13 AM
[17]
Citation Linkbuildzoom.com"The Growing Homes of First-Time Buyers"
May 13, 2017, 12:13 AM
[18]
Citation Linkchicagotribune.com"10 years after housing peaked, U.S. is more of a renter nation"
May 13, 2017, 12:13 AM
[19]
Citation Linkusatoday.com"More first-time buyers skip starter home stage for bigger, better"
May 13, 2017, 12:13 AM
[20]
Citation Linkmitcre.mit.edu"MIT Center for Real Estate and Buildzoom announce a new set of Residential Construction & Remodeling Indices - Center for Real Estate"
May 13, 2017, 12:13 AM