Largest standardized nationwide property database vital to identifying the geographic location of an individual property, property address and assessor parcel number (APN)
SANTA ANA, Calif., July 18, 2012—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today announced the expanded coverage of its patented ParcelPoint dataset which now includes data for 131.2 million parcels, 97 percent of which are actual parcel boundary polygons. With the most expansive parcel database in the industry, CoreLogic ParcelPoint covers 2,296 counties (2,249 with parcel polygons) in the U.S., representing 93.6 percent of the U.S. population. CoreLogic has maintained the nation’s largest parcel database since 2008, when initial coverage totaled 90 million parcels.
ParcelPoint spatial data provides the parcel boundaries and centroid points that are vital to identifying the geographic location of an individual property, as well as property address and assessor parcel number (APN). Data sets are developed through public records in various formats, and are then checked for geometric errors, positional accuracy, and attribution. The parcels are standardized for consistency and then incorporated into a spatial dataset to create uniform information for widespread use.
“Since we first introduced this technology in 2007, the coverage area has continued to grow, with about three million parcels added in the past year alone,” said Scott Little, vice president and general manager for CoreLogic Spatial Solutions. “This data serves as a foundational layer for many of our products and solutions that businesses in a wide range of industries utilize to improve processes and decision making. The accuracy and comprehensive coverage of CoreLogic ParcelPoint data make it a critical component—so integral that it serves as the foundation for all of CoreLogic spatial solutions.”
ParcelPoint serves as an important foundation for government municipalities and major industries, including oil and gas, pipeline, telecommunications and utilities. ParcelPoint data can be used to enhance a variety of business processes, including navigation and mapping, routing deliveries, routing emergency services, field asset management and risk assessment for insurance purposes.
ParcelPoint is updated on a quarterly basis, with nearly 80 percent of the ParcelPoint database current within two years. ParcelPoint can be coupled with the company’s PxPoint Geocoder, a high-precision, parcel-level geocoding and spatial analytic engine, to allow customers to achieve a higher level of positional accuracy for any spatial application.
More information about ParcelPoint can be found at http://www.corelogic.com/products/parcelpoint-technology.aspx. To request a customized county data build out, contact Matt Karli at mkarli@corelogic.com.
About CoreLogic
CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built one of the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The Company, headquartered in Santa Ana, Calif., has approximately 5,000 employees globally. For more information, visit www.corelogic.com.
CORELOGIC, the stylized CoreLogic logo and PARCELPOINT are registered trademarks owned by CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be used without the express written consent of CoreLogic.
