In 2008, Jeremy Sicklick was a partner and managing director at Boston Consulting Group. Trying to get a handle on billions of dollars’ worth of property values and trends in a collapsing market, he was confronted with the fact that the residential real estate industry — the market for the largest asset class in the United States — was in dire need of modernization. Records were paper-based, at times incomplete, and had no common data standards. Economist Christopher Stroud, at the time a 27-year-old doctoral student in statistics, had the tools to help solve these problems.

Jeremy, now Chief Executive Officer, and Chris, now Chief of Research, co-founded HouseCanary in 2013. Their team began digitizing and indexing information about every home, every mortgage, and every neighborhood across the country. With this groundbreaking dataset, the HouseCanary team has built a family of next-generation valuation solutions that are powerfully detailed, predictive, and accurate.

HouseCanary is growing our footprint as a brokerage to further our goal of benchmarking the value of every home. As we work toward providing every player in the residential real estate space with better, more reliable data, we’re particularly excited to see the changes taking place in the MLS world.