Housing Wire’s 6th annual Tech100 awards recognized BuildFax as one of the most cutting-edge tech companies in the housing sector. This marks the second year BuildFax has made the list. BuildFax first made the list in 2017. Since then, the company has almost doubled in size and grown at double-digit CAGR – a true testament …
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Hurricane-related insured losses have skyrocketed over the past two years. Heading into 2019’s hurricane season, carriers face the challenging task of responding swiftly to claims, while also controlling loss creep, mitigating fraud, and managing property risk and exposure. It’s a tall order, but the right advanced data services can support these initiatives. Carriers who leverage …
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The February BuildFax Housing Health Report (BHHR), which delivers a comprehensive view of macro- and microeconomic trends affecting the U.S. housing market, revealed gaps between national and city-level trends. The February report confirmed the housing market slowdown persists amidst repeat declines in key housing indicators. However, on the metro-level, some cities are still experiencing steady …
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Housing market activity continues to plateau after five-year hot streak The March BuildFax Housing Health Report leverages U.S. property condition and history data to provide insights into how macro and microeconomic trends are affecting the U.S. housing market. Ahead of hail season, BuildFax also analyzed recovery timelines following five severe hail storms in recent years. …
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All too often, carriers do not have the full picture on a property to inform critical underwriting decisions. Additionally, after a property is underwritten, the profile of the property may never be updated again despite risk altering changes. To provide carriers with greater insight into property risk, BuildFax is pleased to announce it has expanded …
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Today, BuildFax published its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. The January report showed decreases for the third consecutive in year-over-year housing activity. The continuation of year-over-year housing declines are notable given the high correlation between decreases in single-family housing authorizations and historical …
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Real estate investors have identified a strong duality within the industry. U.S. real estate has the potential to be one of the most valuable assets on the market, however, as far as tech-savvy investing goes, it’s also a particularly antiquated market. Our very own Chris Schaum spoke to this contrast at BattleFin, a conference that …
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The February BuildFax Housing Health Report leverages U.S. property condition and history data to provide insights into how macro and microeconomic trends are affecting the U.S. housing market. This month, BuildFax analyzed new construction and maintenance activity across the 10 major metro areas. The findings reveal: Single-family housing authorizations saw year-over-year declines for a fourth …
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It’s in the best interest of North Carolina carriers to closely monitor Hurricane Florence recovery. Florence, which made landfall in September 2018, confirmed a recent trend in hurricane activity –a hurricane’s category no longer tells the whole story. In the days before Hurricane Florence reached North Carolina, it was downgraded from a Category 4 hurricane …
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Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report showed continued declines across new and existing housing activity, following blanket declines in November. Furthermore, the trailing three-month outlook for single-family housing authorizations was negative, contrasting last month’s positive …
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