Data Solutions
Underwriting, Assessing Risk, Big Data
Catastrophes have rewritten the rules of the insurance game. Before Hurricane Andrew, in 1992, insurers essentially guessed at what the financial damages would be if a disaster struck. Turns out, they drastically underestimated what the losses might be. And they suffered the consequences. Smart underwriters don’t guess. They use the kinds... Read More »
How Technology is Disrupting the Real Estate Industry
Not so long ago, real estate transactions were simple and straightforward. A seller listed a home through an agent and a buyer showed interest. The buyer’s agent drew on his or her knowledge of the market to negotiate a final selling price and then the buyer closed on his or her new house. Now, as it has in so many industries, information... Read More »
How Planners Use ATTOM’S Environmental Hazard Data
It might be tempting to think that living in a city puts residents at a lower risk for disasters like hurricanes, tornadoes, or forest fires. It might even be true, depending on how far that city is from a coastline or open farm country or a swath of woods. But cities have no shortage of environmental hazards. Smog. Contaminated Superfund sites.... Read More »
Lovell Minnick Partners Acquires ATTOM Data Solutions, Leading Provider of Real Estate Data and Analytics
New Partnership Positions Market-Leading Property Data Expert for Sustained Growth PHILADELPHIA, LOS ANGELES and NEW YORK, January 8, 2019 – Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, today announced it has completed the acquisition of ATTOM Data Solutions (“ATTOM” or “the... Read More »
The Evolution of the AVM
Love ’em or hate ’em, AVMs are a mainstay in how buyers and industry professionals gauge the worth of a property. It’s been that way since Zillow first introduced the world to the AVM by way of the Zestimate. But a lot has changed since the early days of AVMs. Today’s AVMs are not just for consumers. They power a host of... Read More »
Alexa, Tell Me About My Property?
Engage. Capture. Convert. With Alexa (Amazon Echo) more abundant than ever in households and even businesses across the nation, it’s becoming more apparent that Alexa may start powering the housing industry. As we see AI and machine learning continue its increasing role in the housing industry, it’s no wonder that real estate agents need to stay... Read More »