Tag: property valuations

Underwriting, Assessing Risk, Big Data

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 of cutting-edge parcel mapping… Read More »

Building a Better Home Value Mousetrap

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 market,… Read More »