Information, analytics and business services provider CoreLogic Inc. announced that its property tax database now covers virtually all of the U.S. — 3,100 counties representing 99.8 percent of the population.
"With this expansion of county coverage, CoreLogic now exceeds its closest competitor by 1,000 counties," the company said in a press release.
That unnamed competitor is Lender Processing Services, which is providing property tax records to the National Association of Realtors’ Realtors Property Resource parcel-based database, a mix of public records, active and sold listings data from multiple listings services (MLSs), and other demographic information.
RPR is currently in beta testing, and company officials have said they are funding an expansion of LPS’ coverage area, with the goal of achieving 100 percent coverage (see story).
"From our perspective, LPS has been beating its expansion goals over each of the two quarters since the relationship was formed, and we expect the entire expansion to be done on or ahead of schedule next year," RPR LLC President Marty Frame said in an e-mail.
Frame said that it’s worth noting that in terms of population, the difference between LPS’s and CoreLogic’s current coverage is about 6 to 7 percent.
CoreLogic was known as First American CoreLogic before the company was spun off by title insurer First American Corp.
As of June 1, CoreLogic and First American Financial Corp. are separate, independent publicly traded companies.
CoreLogic offers a wide range of services to the real estate industry, including appraisals, property inspections, and customer relationship management, transaction management and MLS applications.
***
What’s your opinion? Leave your comments below or send a letter to the editor.
