Tag: property valuations
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 »
Building a Better Home Value Mousetrap
By Clifford A. Lipscomb of Greenfield Advisors Introduction to Automated Valuation Models Property valuation is an integral part of the housing industry that is long overdue for disruption. Although much could be said on the topic of automated valuation models (AVMs), in this piece I explore the current state of the commercially available AVM... Read More »
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