HW Media, publisher of HousingWire, RealTrends and Reverse Mortgage Daily, announced today that it has closed on the strategic acquisition ofthe leading resource for real-time real estate data, providing market statistics, analysis and weekly reports for 99% of US ZIP codes.
HW Media is focused on building a mission-critical resource that enables real estate professionals to make better decisions, stay informed and engaged, and grow their businesses. By acquiring Altos, HW Media will expand the breadth and depth of its product offering to help create the most powerful and comprehensive data and media company serving the real estate market.
“The speed of the housing market has accelerated dramatically in recent years, driving the need for more real-time data at the national and local levels. Altos has a long history of providing the real-time pulse of the housing economy to real estate professionals across the country, with the most extensive and up-to-date data on the housing markets available today. We believe this technology will bring massive benefits to our audience of housing professionals who rely on our insights and analytics to inform their most important business decisions.”
Clayton Collins, Founder and CEO of HW Media
Altos founder and CEO Mike Simonsen will join HW Media’s executive team as President of Altos Research, further strengthening the company’s leadership team and adding nearly 20 years of real estate market research and technology experience to the organization.
HW Media will continue to invest in Altos products and bring Altos’ real-time real estate market intelligence to professionals and businesses across the housing industry. Altos will continue to provide market statistics, analysis and weekly reports to its client base of real estate professionals, real estate technology providers and financial institutions, as well as tens of thousands of subscribers.
“When we started Altos Research 16 years ago, our goal was to bring much better real estate market information to people who needed it now. So when the opportunity to join forces with HW Media arose, I immediately saw that our companies’ vision and capabilities were perfectly aligned. Together, we will not only be able to provide clients with access to Altos’ unique real-time data, but we will also have a team of journalists and analysts who can turn this data into meaningful insights at scale. It is a powerful combination that will have a great impact for the market and for our customers.”
Mike Simonsen, President of Altos Research
Hear more about this groundbreaking lineup from Clayton Collins and Mike Simonsen in the latest episode of our.
About HW Media
HW Media is the leading digital community for mortgage, real estate and fintech professionals to engage, learn and access the information they need to support decision making and business growth. Aligned with our mission to move markets forward, we publish daily news and content through each of our major publishing brands, including HousingWire, RealTrends, and Reverse Mortgage Daily. HW Media is headquartered in Dallas, TX with team members across the country.
About Altos Research
Founded in 2006, Altos Research is the leading resource for real-time real estate data. The company provides market statistics, analysis, and weekly reports for 99% of US ZIP codes, helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions. Altos Research is headquartered in San Francisco, California. For more information, visit altosresearch.com.
Vice President of Growth | hardware media