First American Data & Analytics

We're proud to announce that Robert Karraa has won an Inman Best of Proptech Award. This award celebrates the most groundbreaking solutions and leaders shaping the real estate industry. Congrats, Robert! #InmanBestofProptechAwards #InmanAwards

Our October 2024 Home Price Index Report with pricing tiers is now available. Get accelerated access to the prior month's data so you can have the latest insights into market changes. Our chief economist Mark Fleming says: "While mortgage rates slid downward through September, they unexpectedly rebounded in October, wiping out the short-lived affordability boost from lower mortgage rates. As a result, potential home buyers may hit pause, dampening home buying activity through the rest of 2024. Heading toward the new year, house price growth seems poised to maintain a steady, balanced pace—neither too hot, nor too cold". Download a full copy of the report: https://hubs.ly/Q02YKpf_0 #HPI #RealEstateData #PropertyData #HousingMarket

#FridayFunFact- Tracking property records manually is time-consuming and complex. But did you know that portfolios of all sizes can be automatically tracked for the changes you need? First American Data & Analytics matches your portfolio against our nationwide public record data set to deliver customized insights. Need foreclosure alerts? HOA lien notifications? Sale listings? We've got you covered. Let our data experts handle the tedious tasks and deliver what you need, when you need it. Learn more about our data: https://hubs.ly/Q02PGPpm0 #FunFactFrday #MatchAndAppend #PropertyData #RealEstateData #PortfolioMonitoring

Maps tell a story, like where new construction is happening and what is being built. Watch it unfold across decades in one area of the country or nationwide. Pair the best public record property data with our parcel boundaries to tell your own story. You can pick the specific property criteria and geography, and we’ll do the work behind the scenes. In this industry use case, learn how our spatial data experts identify common pain points and how we deliver the most efficient and reliable data solutions for this industry: https://hubs.ly/Q02JBsWb0 #SpatialData #ParcelBoundaries #PropertyData #RealEstateData #ESRI

Undisclosed debt can wreak havoc on your deals, possibly leading to costly buybacks and financial losses. With consumer debt at an all-time high of $17.8 trillion, it's crucial to monitor borrower activity in real time. Our own Jennifer Menard explains why in her latest blog: https://hubs.ly/Q02XJC-00 #MortgageFraud #FraudGuard #UndisclosedDebtMonitoring #UDM #UndisclosedDebt #Mortgage

#FridayFunFact - Sale Deeds and Deeds of Trust are among the most recorded document types. You'd think there would be a standard template, but document formats differ within and between counties. Private organizations build and maintain these templates, each with their own ideas of important language and structure. Over time, these documents have evolved. We’ve mastered the technology to extract the right data from each document, regardless of the template. Access more than 8 billion recorded property document images from across the country, with most counties going back decades, in the First American Data & Analytics repository. Learn more: https://hubs.ly/Q02PGKS00 #FunFactFriday #RealEstateData #PropertyData #PropertyDocuments

As the economic outlook brightens, are we prepared for the potential risks that come with it? #ICYMI, our own Paul W. Harris explores this topic in a recent MBA NewsLink article. Discover how better economic conditions can lead to growth and opportunities, but also bring new challenges that need careful management. Stay ahead of the curve and learn how to navigate these risks for sustainable growth and stability. Read now: https://hubs.ly/Q02Xhpyq0 #RealEstate #MortgageIndustry #RealEstateData #Compliance #MortgageRisk #MortgageFraud #MBANewsLink

ICYMI: Our DataTree & FlexSearch webinar is now available on demand. Learn how to streamline your property search at a time that is convenient for you and your team. In this 30-minute webinar, our team of experts show you how to streamline your property search. Additionally, you'll learn how to find targets quickly using specialty searches, identify vacant structures and more using enhanced filters in the DataTree platform, and how to search our nationwide repository of property documents using the FlexSearch function. Watch now: https://hubs.ly/Q02WvyLn0 #RealEstateData #PropertyData #DataTree #FlexSeach #PropertyResearch #Webinar

We're proud to share that our own Chris Flynn has been named as one of HousingWire's Tech Trendsetters! This award recognizes the crucial role Chris played in our product and strategy initiatives, being recognized for his leadership in bringing quality solutions to the market, including First American HPI, CovenantGuard, Procision AVM, and key enhancements to our FraudGuard solution. Congratulations, Chris, on this much-deserved award! Read the press release: https://hubs.ly/Q02WPy2Q0 #AwardRecognition #HousingWire #RealEstateNews

#FridayFunFact - With all the hype of AI, it's important to source reliable and accurate data, especially data that is modeled. This includes Automated Valuation Models (AVM). But did you know that AVM accuracy can be measured by Percent Prediction Error (PPE)? PPE10 is the percent of predictions with an absolute error within 10% (+ or -) of the benchmark value (i.e. actual sales price). It is an industry standard that measures the proportion of predictions that fall within an "acceptable" range. This measure is useful for AVMs within the range, but not as much outside of the range, like extreme outliers, which is why the Procision suite of AVMs including Premier, Power, & Direct, utilizes a number of other performance statistics. Learn more about our data: https://hubs.ly/Q02PzTx10 #AVM #AutomatedValuationModel #AI #RealEstateData #PropertyData #Technology