Beyond the Buildings

In Part 2 of this episode, host Maiclaire Bolton Smith continues the conversation with CoreLogic’s director of Insurance Market Strategy for Hazard and Risk Management about how insurers will need to access big data to effectively translate homeowner wildfire mitigation efforts into insurance discounts.Catch up on Part 1 here.Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZtIn This Episode:1:21 – what exactly is the difference between a risk score and a CAT model? 3:15 – A brief primer on rate filings3:41 – How do homeowners benefit from wildfire risk scores in their policies?8:46 – What is the cost of providing transparency to homeowners?9:43 – How can we be more resilient to natural hazards?

No one wants 430% increases in wildfire insurance premiums and quotes of up to $20,000 per year. So, why are California homeowners dealing with these prices?In Part 1 of this episode, host Maiclaire Bolton Smith talks to Paul Brown, CoreLogic's director of Insurance Market Strategy for Hazard and Risk Management about legislative changes from the California Department of Insurance and how insurers will need to access big data to effectively translate homeowner wildfire mitigation efforts into insurance discounts.Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZtIn this episode:1:39 – Who is Paul?2:17 – Where to grab your limited-edition wildfire socks3:26 – Why did California decide this was the year to change how insurance premiums were set? 5:13 – What do these changes mean for homeowners?7:25 – Katia hosts The Sip, summarizing the important numbers in the property market 8:56 – The $15 million-dollar question: How does wildfire mitigation translate to insurance discounts?11:35 – Quantifying mitigation strategies requires Big Data

In Part 2 of this episode, host Maiclaire Bolton Smith continues the conversation with CoreLogic’s real estate tech solutions expert Mark Weaver to discuss what the market tipping point for the success of iBuyers will be and how much people will be willing to pay for the sake of convenience. Find full episodes in our podcast archive here: https://clgx.co/3zqhBZtIn this episode:3:57 – What is the balance between convenience and profit?6:00 – What is one single "point" so important? Hint: It’s a convenient insurance policy7:52 – Who pays the convenience fee? The buyer or the seller?9:13 – Will the iBuyer market bounce back?11:02 – Optimize your business and meet us at MBA in Orlando11:19 – How will major PropTech technologies evolve over the next couple of years?

In part one of this episode, host Maiclaire Bolton Smith sits down again with CoreLogic’s real estate tech solutions expert Mark Weaver to chat about how rising interest rates and a slowdown in buyer interest resulted in the once-red-hot iBuying and power buying segment being abruptly confronted with an environment designed to stress-test their business models. Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZtIn this episode:0:52 - Meet Katia, the newest team member of Core Conversations2:06 - Mark is back to introduce himself3:09 - How is the current market testing the iBuying model?4:30 - What is the future of iBuying?6:26 - What is iBuying anyways?7:07 - Maiclaire talks about her iBuying experience8:36 - Mark explains how iBuyers are pivoting their business models10:45 - Katia takes a coffee break to do the numbers in the market12:00 - What are the current opportunities for iBuyers?13:22 - Designing a buy-box

Most of us don’t have enough money in the bank to buy a house in cash. We need to convince someone to lend us the money. Listen to host Maiclaire Bolton Smith talk to CoreLogic Chief Appraiser Shawn Telford and learn about how banks are leveraging PropTech to determine the worth of a home, as well as the consequences that innovation has on markets, loans and affordability. Learn more about how technology is transforming the property industry by following along with CoreLogic analysis: https://clgx.co/3zqhBZtIn this episode:1:17 – Who is Shawn and how did he end up in real estate?3:19 – How did 2022 market conditions create challenges (and opportunities) in appraising?5:03 – How will home price growth and inflation affect the future of appraising?8:00 – How do you compare home values in a volatile market?11:35 – Appraising staff shortages make room for remote desktop appraisals13:26 – Are appraisal waivers here to stay?16:16 – How was the pandemic a catalyst and a lingering influence for digitization?18:39 – What do digital opportunities mean for the development of the appraisal industry?22:01 – What is coming up for lenders, appraisers and homeowners?

Curious about what Season 3 of Core Conversations has in store for listeners? Host Maiclaire Bolton Smith has a few fun ideas for next year. Listen in to find out what to expect starting January 25, 2023.

In this episode, host Maiclaire Bolton Smith cedes the stage to the crew members of this podcast. Learn a little about what goes on behind the scenes to bring this podcast to life, and listen until the end for a special guest appearance!Listen in or read more of the production crew's work here https://clgx.co/3zqhBZtAlso keep your eyes on future show notes sections for updates on our new monthly curated playlist centering around themes in the housing market. Check out this month's here: https://spoti.fi/3UFUzWj

As we wrap up this season, we are bringing back four of our favorite guests to get an update on what happened in 2022 and their outlook on the year ahead.Find full episodes with these guests in our podcast archive here: https://clgx.co/3zqhBZtCheck out NFIP Risk Rating 2.0 video vignettes here.In this episode:1:25 - Catch up with Tom Larsen about natural catastrophes in 20225:32 – Hear from Scott Giberson for the latest on the NFIP's Risk Rating 2.012:31 - Garret Gray returns to talk about where the insurance industry is headed17:22 – Get an update from Selma Hepp about the U.S. Economy. *This portion of the episode was recorded at the beginning of Q4.

Curious about how technology is changing the process of homebuying? If you wish buying a home was like pushing the Easy Button, tune in to listen to Host Maiclaire Bolton Smith sit down with CoreLogic's real estate tech solutions expert Mark Weaver to discuss how property technology — or PropTech — is influencing the property industry, as well as what the future of big data and AI might influence a centuries-old process.Learn more about how technology is transforming the property industry by following along with CoreLogic analysis: https://clgx.co/3zqhBZtIn this episode:3:10 - What is PropTech and its innovative role in the industry?6:23 - Why are 65% of businesses saying PropTech is a huge priority?7:45 - How are PropTech and the traditional property industries finding balance within the overall property industry?10:46 - What is the Discovery Platform?12:50 - Is the added expense of digital transformation worth it in the current market?16:56 - The iBuyers role20:40 - Will PropTech and traditional methods coexist long-term in the property industry?

To prepare for the intensifying impacts of climate change and the resulting physical risks to property assets, host Maiclaire Bolton Smith sits down with CoreLogic’s Public Policy and Industry Relations Executive Pete Carroll to discuss how climate-related financial risk influences government policy, with a focus on President Biden’s Executive Order 14030.Learn more about how governmental policy affects the property industry by following along with CoreLogic analysis: https://clgx.co/3zqhBZtRead more about the Dodd-Frank Act here, and check out the following episodes for further discussions about the effects of climate change on the property market:Catastrophic Change is Pushing Real Estate to Redefine ProtectionWhy Climate Change Should Take More Real Estate in Industry ConversationsUnderstanding Weather Risk: The Consequences Will Blow You AwayIn this episode:3:56 - Background on Executive Order 140305:28 - Who is involved in making this regulation a reality?6:57 - Have there been any recommendations on how to implement the strategic goals outlined in this executive order?11:20 - Which of these policy recommendations may be implemented?14:00 - The future of climate change 16:25 - What is the timeline for the implementation of this executive order?18:18 - What can property professionals do to prepare themself for these changes?