Today marks a significant milestone for HW Media and our community with the acquisition of The Builder’s Daily. This strategic move extends our reach into the homebuilding vertical, reinforcing our commitment to serve the entire housing economy with unparalleled insight and intelligence. This note on the deal is meant to share my point of view on the strategy. More details on the deal are available in the press release, but this note shares my perspective on the “why” behind the acquisition and the investments we’ll make in the coming years.

The importance of this acquisition

The housing market is undergoing a transformation, with new home construction playing a pivotal role. New home construction as a percentage of total home sales fluctuates based on mortgage rates, building cycles and builder confidence — and the amount of existing home inventory available in the market. As we analyze aging housing stock, demographic trends and pent-up demand, we see new home construction as a pivotal component of total home sales in the coming decades. As the stock of housing ages and maintenance costs rise, new homes will be crucial in shaping the future of our communities and the housing market.

John McManus, the visionary behind The Builder’s Daily, brings over 20 years of editorial leadership and expertise in the homebuilding sector. His insights are invaluable, and we are honored to welcome him to the HW Media family as Publisher of The Builder’s Daily and Vice President, Homebuilding.

Enhancing our housing community’s experience

This acquisition is about more than expanding coverage; it’s about enriching the content, events and connections available to our community of housing professionals. The Builder’s Daily (TBD) will continue to operate with independence, supported by HW Media’s resources, ensuring a deeper engagement with the leaders and insights shaping the future of homebuilding. However, both HousingWire and TBD audiences will benefit from curated perspectives that enrich their knowledge base. HousingWire subscribers will gain insight on new construction trends that matter to real estate, mortgage and other housing leaders. TBD audience members will gain more resources on housing market data and analysis, financing trends and other content enrichments. 

An anchor of The Builder’s Daily is the Focus on Excellence event, which this year will be held in Denver, Colorado, on Oct. 27-29 for a targeted audience of homebuilding executives. John coined the phrase “Build to Lead. Outlearn. Outlast. Outperform.” to describe the event. This is a commitment that will live on! 

Our commitment to thoughtful growth

HW Media has a history of deliberate growth, pursuing and integrating acquisitions that bring long-term value to our users, clients and shareholders. As the founder of HW Media, I’m building a media and data business that will stand the test of time by empowering housing leaders to grow, win and make better decisions faster. TBD aligns with this mission. 

Integrating The Builder’s Daily into our ecosystem will enhance our events, content and product capabilities. The HW Media team has learned a lot from successful integrations and how to use M&A to build a powerful, integrated ecosystem. 

Looking forward together

As we move forward, the opportunities presented by this acquisition are immense. Our aim is to bring more homebuilding content into the HousingWire ecosystem, fostering a vibrant community. Together with John McManus and the entire HW Media team, we are poised to elevate The Builder’s Daily and continue our journey of serving housing professionals with The Full Picture. 

Thank you for being a vital part of this journey. We look forward to shaping the future of housing together.

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