Real estate technology and Business Growth. First, what is Business Growth, and how does Growth Maps defined this core variable? Business growth is an index based upon the number of factors, and has an influence on future real estate prices, and is considered a leading economic indicators. Where business go and grow, real estate prices and growth follows.
For more information, read our Free EBook. Which defines these core growth variables.
Business Growth and Local Housing Market Predictions Business growth is an index based upon the number of factors, which include the new businesses entering a block, track, Zip Code, neighborhood, or any local market.
The business growth index takes into account housing starts, new and existing business permits, and other local business factors.
Typically the Growth Maps business growth index or indicator is a good indicator of overall growth in the near future.
To look examine the more long-term growth, look at the overall trends of business growth at all geospatial levels, which include the Census Block Group, Census Track, Zip Code and higher levels. A top 10 variable for local housing market predictions. To see your local Business Growth, simple select this index variable, and instantly see the latest Business Growth patterns in your, or any local market you select.
Typically business growth is one of the top 10 variables that influence local housing market predictions and is used in any accurate local predictive model for housing. Our mathematicians normalize the datasets to make these numbers more user friendly and universal.
Like Growth Maps, most business spend hundreds of thousands of dollars on raw data when they move or add a new franchise at a new location.
The more dollars at risk, the more critical and current local data is, for business, consumers, and real estate professionals.
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 https://www.growth-maps.com/free-ebook/
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