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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June 27, 2017
Residential remodeling has been steadily on the rise for the last several years. So what else is new? Actually, quite a lot. For businesses that deal with property, it’s more important than ever to keep an ear to the ground for the changing landscape of remodeling activity. Why now? Because 2016 saw some interesting...
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June 23, 2017
The team got back from the Florida Association of Insurance Agent conference last week where they had a fantastic time. They met a lot of great folks and enjoyed spreading the word about BuildFax property insights and the impacts they can have on reducing risk, pricing more competitively, and increasing profitability. “We had dozens of conversations...
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June 13, 2017
Did you miss our abandoned construction webinar? Don’t worry, you can still watch it! Whether you’re underwriting a book of business, managing a portfolio of properties, or looking for new housing data to help forecast economic change, your success relies on knowing what’s happening with construction activity. It also relies on knowing what’s not...
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June 6, 2017
We are so excited to be heading to Orlando this week for the Florida Association of Insurance Agents convention. Are you planning to attend? If so, stop by booth #1016 and say hi to Gentry Bowen and the team! If you’d like to schedule a meeting with us, contact us today. P.S....
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May 30, 2017
The BuildFax team had a blast last week volunteering with Asheville, North Carolina’s Habitat for Humanity. As a company, we value the environment and we believe in equal housing opportunities for everyone. So getting to take part in the construction of certified green-built homes for local housing cost-burdened families fit perfectly with our ethos. Special...
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May 3, 2017
Could examining abandonment trends over the course of an economic downturn uncover a possible connection to the housing crisis, or even reveal a new leading indicator? And what about the rise in construction we are seeing now – is there a recurrence of abandoned projects in the current economy (or on the horizon)? These...
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May 3, 2017
BuildFax is thrilled to be a finalist in the 2017 Benzinga Global Fintech Awards for Best Digital Mortgage or Real Estate Platform, Tool, or App. We are nominated alongside the most innovative companies that are changing the way people interact with finance. You can check out the full list of finalists here. We’ll be...
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April 20, 2017
BuildFax property insights were recently published in The Wall Street Journal in their article on high-end renovations: Where High-End Renovations Cost $704,000. Houston was the number one city for high-end renovations, with a median spend of $704,000. Boston came in at number two with a median budget of $528,000. Pittsburgh was third, with $385,000. Newark, Jersey...
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