Resources

Tools and information to help you gain industry and property insights and stay competitive

All BuildFax Resources

Jan 16 2019
Blog

Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report showed continued declines across new and existing housing activity, following blanket declines in November. Furthermore, the trailing three-month outlook for single-family housing authorizations was negative, contrasting last month’s positive … Continued

Jan 14 2019
Blog

January catastrophe reinsurance renewals are in the books. In aggregate, reinsurance renewal outcomes were stable across the U.S. However, as BuildFax predicted a few months ago, catastrophe reinsurance renewals were disproportionally impacted by loss-hit accounts. A recent report from Willis Re found that carriers without catastrophe losses left these discussions with renewal rates that ranged … Continued

Dec 28 2018
Blog

Housing affordability issues plaguing the U.S. have reached recent highs this year. In July, reports surfaced that purchasing a home in the U.S. is less affordable than it has been in decades. Not only have home prices skyrocketed, but average wage earners are needing to spend more than 30 percent of their income (historical average … Continued

Dec 20 2018
Blog

In the last decade, 2018’s hurricane season has ranked third for damage costs behind Hurricane Sandy in 2015 and the combined effects of Hurricanes Harvey, Irma and Maria in 2017. This year’s hurricanes hit Florida for the second year in a row, as well as the Carolinas, highlighting a crucial developing trend in weather activity. … Continued

Dec 18 2018
Blog

Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report discovered, for the first time since 2011, there were declines across new and existing housing supply. The data reveals a decrease in seasonally adjusted, year-over-year single-family housing authorizations, remodeling … Continued

Nov 27 2018
Blog

Camp Fire claimed at least 153,000 acres and more than 14,000 structures in Butte County. According to BuildFax data, maintenance activity – construction performed on properties – in the area increased 8.57 percent year to date compared to January through October 2017. This suggests carriers may not have accurate assessments of the wildfire’s true damage … Continued

Nov 19 2018
Blog

Each month, BuildFax releases its Housing Health Report (BHHR), which delivers a macro view of the economic trends affecting the U.S. housing market. This month’s report revealed a leveling off of seasonally adjusted, single-family housing authorizations, but a ramp-up in remodeling spend and maintenance activity. These factors suggest that while new construction is slowing, many … Continued

Nov 1 2018
Blog

Homeowners are anticipated to spend 5 percent more on home improvement this year in 41 of 50 major U.S. metropolitan areas, according to a report from the Joint Center for Housing Studies (JCHS), a Harvard University initiative that researches housing issues relevant to public policy. The report also predicts residential remodel spend will grow at … Continued

Oct 15 2018
Blog

BuildFax has released its September 2018 BuildFax Housing Health Report (BHHR). Each month, BuildFax releases data on the health of the housing market just ahead of the U.S. Census Housing Report. The report delivers a macro view of the U.S. housing market, which looks at three key economic indicators: single-family housing authorizations, existing housing maintenance … Continued