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New Western Acquires Big State to Accelerate “Great Renovation” Strategy

By Andrea On

October 21, 2025

Deal unites data-driven sourcing with the nation’s leading investor marketplace; New Western signals continued ecosystem acquisitions

DALLAS, TX — October 21, 2025New Western, the marketplace built for real estate investors and the nation’s largest homebuyer, has acquired Big State Home Buyers, a data-driven company specializing in sourcing vacant and distressed homes. The move expands New Western’s supply pipeline and advances its “Great Renovation” mission: to partner with local real estate investors to return aging, underutilized properties to market as affordable, move-in-ready homes.

Big State’s skilled team, dataset and marketing engine identifies homeowners in stressful situations at scale, helping them easily sell neglected properties. New Western’s marketplace will soon benefit from greater, ready-to-renovate inventory, speeding the path from problem property to livable home. Once fully integrated, New Western projects that the combined efforts could create up to 8,200 additional investment opportunities each year for local buyers.

Big State built a trusted working relationship with New Western by sourcing properties into its marketplace through an independent agreement, much like many of New Western’s other local partners. The success of that collaboration revealed how naturally the two companies’ strengths aligned and ultimately led to the acquisition.

“There are more than 15 million vacant homes in the U.S., and we’re putting our best efforts toward organizing the services that can support their revival,” said Kurt Carlton, Co-Founder and President of New Western. “This acquisition is another step in that direction, and we’re actively pursuing additional opportunities that complement our ecosystem and accelerate the mission”

“We built Big State to help homeowners unlock the value in their homes – value others overlook,” said Brian Spitz, Founder and President of Big State Home Buyers. “Joining New Western plugs our sourcing expertise and operating rigor into the nation’s largest investor marketplace, allowing us to offer our specialized services to homeowners throughout the country.” Spitz will join New Western as Vice President of Seller Experience.

About Big State

Big State Home Buyers, based in Houston, TX, uses an empathetic approach with customers, data-driven operations and advanced media skills to find vacant and distressed homes throughout Texas. Big State sourced more than 10,000 home opportunities in the last 24 months.

About New Western

New Western is the nation’s largest homebuyer and a real estate investment marketplace. Providing local investors access to the largest private source of value-add properties in almost all major U.S. markets. Recognized with Glassdoor’s Employees’ Choice Award for Best Places to Work in 2023, 2024, and 2025. Learn more at www.newwestern.com.

Media Contact
Andrea Merrill, VP of Marketing, New Western, [email protected]

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