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U.S. Property Risk Improves as Housing Market Continues to Slump

The August BuildFax Housing Health Report (BHHR) revealed a gradual improvement in property maintenance across the U.S. housing stock. After six months of declining activity, maintenance activity and spend have now risen for two consecutive months. Maintenance is not only a strong indicator of consumer confidence, but it also provides insight into the health of the residential... Read More

Carriers Prioritize a Positive Customer Experience as Florida Braces for Hurricane Dorian

Hurricane Dorian is expected to make landfall in Florida as a Category 4 storm over Labor Day weekend. This will be the fourth consecutive year that Florida experiences a major hurricane, following Hurricane Michael (2018), Hurricane Irma (2017) and Hurricane Matthew (2016). As the storm nears Florida’s east coast, the insurance industry is focused on... Read More

Holly Tachovsky Recognized as 2019 Central Texas Woman of Influence

The Austin Business Journal (ABJ) has recognized our own Holly Tachovsky as a 2019 Profiles in Power & Women of Influence award winner. The award celebrates female leaders that are pushing Central Texas to a better future. This is the third consecutive year that Tachovsky was nominated. The 2019 Profiles in Power award highlights women... Read More

Roof Maintenance Reaches New Highs in July, Driven by Severe Spring Weather

The July BuildFax Housing Health Report (BHHR) revealed that amidst repeat declines in new construction activity, the downward trend in maintenance activity is slowing. July in particular experienced a year-over-year uptick in maintenance. While one month of increasing maintenance activity is not a trend, this is a strong indicator of consumer confidence and may signify continued... Read More

HousingWire Names Holly Tachovsky 2019 Woman of Influence

Our very own Holly Tachovsky has been named one of HousingWire’s 2019 Women of Influence. The award celebrates women who have demonstrated leadership and made an impact in the housing industry. Every year, HousingWire highlights thought leaders in the housing industry who pave the way for other women to follow. Award winners not only push... Read More

Flood Repair Data Highlights Impacts of Spring Flooding and Opportunities for Carriers

Flooding may not manifest as severely as other natural disasters, but increasingly, for homeowners, the impact of flooding can pack quite the punch. In the U.S., between 1980 and 2018, flood losses have topped $123.5 billion, of which almost $48 billion is covered by the National Flood Insurance Program (NFIP). Over the past few years,... Read More

National Construction Spend Increases as Volumes Continue to Slide

For almost seven months, the housing market has been slowing across new and existing construction activity, including new home building, large-scale remodels and general home maintenance projects. The June BuildFax Housing Health Report (BHHR) revealed, however, that even as demand for construction slows, spend is still rising, propelled by 2019 economic conditions. New and Existing... Read More

Remodeling Spend to Slow in 29 Major U.S. Metros This Year

Remodeling spend will not keep pace with its steep 2018 increases in 29 of 49 major metros across the U.S., according to a new report from the Joint Center for Housing Studies (JCHS), a Harvard University initiative that researches housing issues relevant to public policy. The JCHS report leverages a modeling tool, which forecasts residential... Read More

Introducing: BuildFax’s New Brand Identity

We’re excited to announce that on the heels of the BuildFax 10-year anniversary, we’ve rebranded. It’s fitting that these milestones coincided. Over the past ten years, the company has grown at breakneck speeds. In 2008, BuildFax established a previously non-existent class of data after identifying a gap in the market: across industries, there was a... Read More

2019 Hurricane Season Threatens Properties in Weather-Worn Regions

Storm activity during the 2019 hurricane season is forecasted to produce between two and four major hurricanes with winds higher than 111 mph, according to the National Oceanic and Atmospheric Administration (NOAA). The NOAA defines this level of hurricane activity as normal for the season. However, recent trends in weather activity and the impacts of an... Read More
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