Local Market Analysis Real Estate & info California real estate investor’s need to know. Do you find it interesting that real estate professionals have little access to Local Real Estate Market real estate growth data? Why is this? Want to take a guess?
Want to take a guess as to how many local markets there are in Silicon Valley? There are over 1,000 Census Block Groups or hyper local markets in Silicon Valley.
Income ranges from under $20,000 to over $800,000, prices range from under $100,000 to over $8,000,000, and the number of Short Sales and/or foreclosures, ranges from near zero, to over 10% for some Census Block Groups. In addition, the medians are not correlated to the ranges, and the medians have changed over 8% since the yearly data was published by the free vendors that many sources quote.
What is a Local Market Analysis Real Estate in Silicon Valley?
Thus, any such local markets, including that in the Silicon Valley, CA, has seen larger declines and gains in home values than the state of California as a whole. Besides, these precipitous real estate growth data, California may be taking place against home price increases in other parts of the United States. One example is Cambridge, MA, which recorded a 16 per cent annual increase in prices last year. Some blocks in Denver went up in value over 50% recently.
Local Market Analysis Real Estate and Growth Maps
The Growth Maps integrates various local market data into a model that forecasts price movements down to the level of a particular local community. Its broad and block-level real estate forecasts thus help avoid making investment decisions based on generalizations about real estate prices for the nation as a whole or for any particular local market. With the Growth Maps technology and current local real estate market information, real estate professionals can easily find the optimal local real estate.
For more information, watch our free demo video on our homepage, and download your FREE eBook titled: “What’s Next for Commercial Real Estate Technology: Leveraging Technology and Local Analytics to Grow Your Commercial Real Estate Business” at http://growth-maps.com/free-ebook/
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