As we approached the one-year anniversary of the onset of the COVID-19 pandemic, housing activity continued to experience notable growth. In our latest webinar, Director of Business Development Christopher Schaum explores the intersection of COVID-19 and the housing market, and how the pandemic continues to reshape homeowner behaviors. For more insight on the U.S. housing …
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March was a turning point for the United States as, state by state, the COVID-19 outbreak led to shelter-in-place orders across the nation. In fact, according to The New York Times, by the end of March, more than 80% of the population across 32 states had been urged to shelter-in-place.[i] As a result, while some …
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The December BuildFax Housing Health Report (BHHR) revealed another increase in year-over-year single-family housing authorizations, which grew 4.82% this month after climbing 7.09% in November. However, month over month, single-family housing authorizations declined 2.61%. After declining for a majority of 2019, the rolling three-month outlook rounded out the year on a positive note, increasing 5.77%. …
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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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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. Â 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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More and more people moved out of typically high-demand states in favor of up-and-coming regions last year, according to the 2018 U.S. Migration Report by northAmerican Moving Services. This allows carriers a prime marketing opportunity to expand their book of business into new areas. The report found that last year, Illinois, California and New Jersey …
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The March BuildFax Housing Health Report (BHHR) revealed the fifth consecutive month of declines across national housing indicator. However, the report also identified a few factors that may contribute to a rise in housing maintenance over the next few months. Chief among them are spring home buying season and increased hail activity. Over the past …
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Real estate investors have identified a strong duality within the industry. U.S. real estate has the potential to be one of the most valuable assets on the market, however, as far as tech-savvy investing goes, it’s also a particularly antiquated market. Our very own Chris Schaum spoke to this contrast at BattleFin, a conference that …
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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 …
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BuildFax has released its August 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 …
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