August 1, 2019
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...
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July 26, 2019
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,...
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July 16, 2019
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...
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July 3, 2019
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...
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July 2, 2019
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...
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June 24, 2019
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...
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June 18, 2019
The May BuildFax Housing Health Report (BHHR) revealed that even as economic pressures are easing on a national level, for instance moderating home prices and declining mortgage rates, the housing market is still in a slump. Year over year, single-family housing authorizations, maintenance and remodeling are down. However, BuildFax found that increases in city-level remodeling...
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June 4, 2019
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...
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June 3, 2019
A thread woven throughout sessions and sidebars at DigIn 2019 was the idea that insurance innovation is in a period akin to halftime during a football game. Over the past few years, the industry has experienced a substantial ramp up. It’s no longer a question of whether accurate property data is relevant to a carrier’s business...
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May 15, 2019
The April BuildFax Housing Health Report (BHHR) revealed an increase in maintenance activity after five months of decreases, while single-family housing authorizations continued to decline. Maintenance activity increases are owed, in part, to severe convective storms across the U.S. With hurricane season on the horizon, BuildFax anticipates inclement weather to continue to impact maintenance volumes,...
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