XACTFACTS
Reconstruction Numbers Affecting Your Business
Xactware releases information about residential reconstruction trends periodically. These releases, called XactFacts, are statistics, rankings, trends and other helpful pieces of information related to the property repair industry. XactFacts are gleaned from Xactware research and millions of estimates processed through Xactware's business-to-business network. Insurance companies, contractors, subcontractors, suppliers and independent adjusters all use Xactware's network. Xactware's unique ability to analyze data from all sides of the reconstruction industry provides accurate information about national and local trends. XactFacts are published on Xactware's Web site (www.xactware.com) and in press releases throughout the year.
Hawaii Most Expensive State to Repair Homes in 2004
If your home was damaged in 2004, Hawaii was the most expensive state in which to have it repaired. With prices more than 47 points higher than the national average, Hawaii heads the list released by Xactware, Inc. Xactware provides more structural repair cost data for insurance carriers and repair contractors than all of its competitors combined in the United States. Arkansas was the least expensive state to get your home repaired with prices almost 10 points below the national average.
Hurricane-Battered Florida Saw Steepest Home Repair Cost Increases in 2004
Home repair prices in hurricane-battered Florida rose by more than 13 1/2 percent in 2004 according to Xactware, Inc. How do they know? Because Xactware provides more structural repair cost data for insurance carriers and repair contractors in the United States than all of its competitors combined. The District of Columbia was second on the list with an increase of more than 12 percent, followed by five states that were in the path of the 2004 hurricanes. Price increases in these states ranged from above 9 percent to more than 10 percent. On the bottom of the scale was Massachusetts with slightly more than a 3 percent increase.
CONTACT: Xactware, Inc., Orem, Utah | Ken D. Loveland, 801-426-3879 | kdloveland@xactware.com
Reconstruction Numbers Affecting Your Business
Xactware releases information about residential reconstruction trends periodically. These releases, called XactFacts, are statistics, rankings, trends and other helpful pieces of information related to the property repair industry. XactFacts are gleaned from Xactware research and millions of estimates processed through Xactware's business-to-business network. Insurance companies, contractors, subcontractors, suppliers and independent adjusters all use Xactware's network. Xactware's unique ability to analyze data from all sides of the reconstruction industry provides accurate information about national and local trends. XactFacts are published on Xactware's Web site (www.xactware.com) and in press releases throughout the year.
Hawaii Most Expensive State to Repair Homes in 2004
If your home was damaged in 2004, Hawaii was the most expensive state in which to have it repaired. With prices more than 47 points higher than the national average, Hawaii heads the list released by Xactware, Inc. Xactware provides more structural repair cost data for insurance carriers and repair contractors than all of its competitors combined in the United States. Arkansas was the least expensive state to get your home repaired with prices almost 10 points below the national average.
Hurricane-Battered Florida Saw Steepest Home Repair Cost Increases in 2004
Home repair prices in hurricane-battered Florida rose by more than 13 1/2 percent in 2004 according to Xactware, Inc. How do they know? Because Xactware provides more structural repair cost data for insurance carriers and repair contractors in the United States than all of its competitors combined. The District of Columbia was second on the list with an increase of more than 12 percent, followed by five states that were in the path of the 2004 hurricanes. Price increases in these states ranged from above 9 percent to more than 10 percent. On the bottom of the scale was Massachusetts with slightly more than a 3 percent increase.
CONTACT: Xactware, Inc., Orem, Utah | Ken D. Loveland, 801-426-3879 | kdloveland@xactware.com