What real estate market trends does Growth Maps cover and in what local markets does Growth Maps give you access to? And how are these local markets and real estate market trends defined? It is sometime pretty surprising to see, that everyone knows it is – location-location-location, but few professionals even know the basic definitions of location boundaries. Pretty surprising, right?
The real estate market trends and location boundaries that Growth Maps cover over 99% of the Entire US marketplace – we cover nearly every Census Block Group, Census Tract, Zip Code, City, and County. Our Free EBook details these boundaries and why they are so critical to any real estate investor and professional. Add all these local boundaries up, and you will get the sum of over 367,000 local real estate trends and markets.
Also, to increase the accuracy of our local real estate forecasts, we typically remove outliers like housing over $1,500,000 and under $30,000 in value. This is one way we are able to have and keep are accuracy so high, with a ± 2% margin of error, on all real estate forecasts.
The Bottom Line With the accurate real estate information as well as details, you can be able to foresee real estate market trends for you to measure a certain market as well as learn if it’s really worth investing or otherwise. Having a reliable online source which offers accurate real estate market data is quite essential and convenient compared to time wasted where you single handedly search for each important information.
With the appropriate real estate market info a smart investor can generate money no matter the condition of the market. The right real estate information and also data may help you forecast real estate market trends, so you can gauge a specific market as well as decide whether it is practical for you to definitely spend money on it. Having a reliable online source that offers accurate real estate market data is quite essential and also convenient when compared to time wasted where you single handedly search for each important information.
And we also remove some areas in the USA where there are no house or a very limited number of houses. By removing these few housing markets, we are able to refine our predictive models and have a high accuracy of over 99% for most markets. Segments of local real estate forecasts.
Typically the Block Group report will suffice, but NOT always.
To truly test the accuracy of the real estate forecasts, you will also need to look at the latest local changes and reports for the nearby (within ½ a mile) Block Group, Census Tract, and Zip Code, since something the vicinity or proximity and a resent change, has effects on prices in other neighborhoods.
Just like how a big plant closing or opening of a new development or employment center has influences outside the immediate area. With better local real estate and real estate forecasts, the investment in real estate, is a click away.
If you have not done so already, please fill out the box on the right and Get your free E-Book on how Growth Maps Can Help your Business Grow! I look forward to a day when people have a choice to let history repeat itself or not. With better local real estate forecasts and real estate market trends data, the investment in real estate, is a click away.
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
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