September marks the one-year anniversary of Hurricane Florence. Hurricanes and other natural disasters, especially over the past few years, have had a substantial impact on the health of the U.S. housing stock. Natural disasters can tighten the labor construction and materials markets, impact the underlying risk of residential and commercial structures and drive heightened maintenance …
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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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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. …
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