January 4, 2018
2017 turned out to be one of the costliest years for natural disasters in recent history. As a result, carriers are anticipating hefty increases in reinsurance premiums on the horizon. And while rate hikes are never a welcome sight, there is a silver lining. In the last six years, home remodeling has increased by...
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December 13, 2017
For nearly a decade, BuildFax has been the leading source of property history and condition insights for some of the largest insurance companies in the country. Leveraging the nation’s largest database of building permits, construction data, and other publicly sourced information, BuildFax delivers detailed intelligence on roof, condition, maintenance history, and remodeling for more than...
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October 25, 2017
Asheville’s BuildFax team participated in our second Habitat for Humanity volunteer day last week, and we had a great time! At BuildFax, we care about environment stewardship and we believe in equal housing opportunities for everyone, so getting to take part in the construction of certified green-built homes for housing cost-burdened families fit right in...
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September 7, 2017
We’re thrilled to partner with Code2College in their effort to dramatically increase the number of girls, underrepresented students of color and low-income students who enter undergraduate programs and careers in science, technology, engineering, and math. “At BuildFax, we value mentorship and investing in up-and-coming data scientists and coders,” said Jonathan Kanarek, COO of BuildFax. “In...
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August 15, 2017
In the race to beat the market, there’s a ton of competition for new, better alternative data. And data providers are clamoring to sell the latest and greatest in big data and analytics. So, what’s the best way to break through all the noise and procure those gold nuggets that can actually help capture...
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August 8, 2017
The big shift toward using quantitative methods in the investment industry is a trend we’ve been following closely at BuildFax. We recently ran across a great piece by Julie Edde for Bloomberg that highlights some key movement happening in this space. Here are a couple of takeaways: READ: Struggling Stock Pickers Eye Quant Tools...
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August 1, 2017
HousingWire just released its 2017 list of the most influential women in housing, and we’re honored to see our CEO, Holly Tachovsky, recognized among so many extraordinary leaders. The Women of Influence award recognizes leadership who make an impact in the mortgage lending, servicing, investing and real estate industries. Holly is actively involved in mentoring...
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July 28, 2017
The BuildFax team took a break from the office this week to volunteer at the local food bank. We sorted and boxed more than 2 tons (4,200 pounds) of donated food to help feed local families. Afterwards, the crew headed to a local brewery for team drinks.
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July 20, 2017
Hurricane season is right around the corner, and five to nine Atlantic hurricanes are in the forecast. There’s a great article from Facility Executive that we ran across recently, which outlines a few ways to reduce personal property losses and storm-related injuries. Business Interruption Exposure The first thing they bring up is reducing exposures...
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July 11, 2017
We recently published a study on remodeling from three unique perspectives: historical, national, and regional. The historical perspective is particularly compelling because it reveals a pronounced shift in investments after the housing crisis of 2008. The graph above shows residential new construction and existing structure construction spending throughout the course of the housing crisis. Notice...
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