Austin, TX - October 18, 2011 - (RealEstateRama) -- As summer sizzled across the U.S., remodeling activity continued to be red hot. Today, BuildFax unveiled its BuildFax Remodeling Index (BFRI) for August 2011 which showed that remodeling activity reached a record high during the month. BuildFax also released data today showing, based on its national footprint of permit data, an estimate of over 3.3 million residential remodeling projects will be permitted in 2011. This figure is up from the estimated 3.1 million residential remodeling projects that were permitted in 2010, an almost 9.5 percent increase.
Austin, TX - August 15, 2011 - (RealEstateRama) -- Today BuildFax unveiled its BuildFax Remodeling Index (BFRI) for June 2011 and it shows that even as the economy continues to struggle and home sales sag, the remodeling industry continued to be a bright spot from coast to coast. The index shows that June 2011 became the month with the highest level of remodeling activity since the Index was introduced in 2004
AUSTIN, TX - June 27, 2011 - (RealEstateRama) -- Purchasing a home is the biggest investment that most consumers will ever make, therefore it is vital to have all of the information available about the property prior to signing on the dotted line. To help consumers know detailed information about the "life story" of their new home, BuildFax, the nation's leading provider of historical building permit data, is now offering consumers access to a free detailed report about the home, including relevant permit data regarding key upgrades and repairs made to the property.
Austin, TX - June 15, 2011 - (RealEstateRama) -- Today BuildFax unveiled its BuildFax Remodeling Index (BFRI) for April 2011 and it shows that the beginning of spring had many across the country remodeling and renovating their homes. Today’s report reveals continued year-over-year gains, with data demonstrating that consumers are continuing to invest in remodeling, even while the economy continues to struggle and the real-estate market continues to experience sales decreases coast to coast. In addition, the Index reveals that there were 10 percent more remodels in April 2011 compared to April 2004, the first month tracked by the Index.
Austin, TX - June 7, 2011 - (RealEstateRama) -- BuildFax, the industry's exclusive creator of the largest commercial and residential permitting database in the United States, today announced that it has joined forces with Equifax Inc. (NYSE:EFX) to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. Now, Equifax customers can gain immediate access to BuildFax’s unique, differentiated data assets, which include property history information representing 60 percent of the nation’s building permit volume. Through this relationship, insurance carriers can improve the accuracy of underwriting valuation models to develop more effective pricing strategies and reduce the potential for fraud