This article was written and contributed by our friends at Arcbazar. With the increase in remodeling quickly becoming the new norm, the industry is ripe for innovative startups like Arcbazar whose platform caters to the constantly evolving behaviors of homeowners. We live in the times of sharing economy. From Uber and Lyft to Airbnb to Upwork – the... Read More
Although abandoned construction projects are relatively uncommon, they are something that should be on your radar – especially as they impact your business. Abandoned construction projects can indicate a few things: The condition of the property doesn’t match its completed post-construction value/exposure Part of the project may not have been built to safety code which can put a... Read More
There’s been a huge uptick in residential remodeling in the last several years. In some states, homeowners are investing more on average than others. To find out which states are spending the most, BuildFax analyzed the more than 80 million residential properties in our database to determine the average remodeling job cost per state in 2016 (for recorded job... Read More
Commercial remodeling is booming across the US, and some states are spending more than others. To find out which states are spending the most, BuildFax analyzed the more than 5.2 million commercial properties in our database to determine the average remodeling job cost per state in 2016. Louisiana... Read More
The BuildFax team in Austin has just moved into the historic Heierman building in downtown Austin, which will serve as BuildFax’s headquarters. BuildFax continues operations out of their Asheville, NC office which buzzes with passionate permit people from the operational, data production, and engineering departments. “Moving into a larger headquarters reflects the rapid growth BuildFax is experiencing,” said... Read More
We recently compared commercial new construction and commercial remodeling over the course of the Great Recession. Based on the findings of our residential study, we suspected there might also be a similar trend in commercial construction. The results from this new study illuminate some interesting findings, especially as they relate to commercial lines. Additions, remodels, and alterations... Read More
