CoreLogic’s claims estimation solutions utilize the CoreLogic Construction Database, which stores cost data for different resources and services relevant to the construction industry. To generate this data, CoreLogic’s team of contractors, estimators, custom builders, architects, engineers, adjusters, and appraisers conduct ground truth collection and monitoring from more than 2,600 areas across the US and Canada.
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Homebuyer Migration to Risky Climates Increased During the Pandemic
During the pandemic, some U.S. homebuyers relocated to areas that were more affordable or had better access to outdoor amenities, but this sometimes led to migration to riskier climates.