Real Estate Big Data Trends
Every year, IT industry experts provide a forecast for the year ahead. Something similar happened this year too, but the predictions had something unique about them. Each emerging tech trend insisted that big data will prevail and flourish across businesses of all types and sizes. This includes the real estate niche that seems very enthusiastic […]
What Skills are Associated with Big Data Scientists?
With big data emerging as a necessity to survive in the current real estate marketplace, businesses are trying to understand the kind of skills associated with good big data professionals. However, only the bigger companies are spending on developing their own big data infrastructure. Other businesses, including refinancing and mortgage specialists, are evaluating quotes from […]
The Value of Modular Homes
Home buyers often do not have a good understanding of home purchasing options and the impact on resale each choice offers. As a result there are many misunderstandings when it comes to home values and which options appreciate in value the best. Real estate agents and mortgage lenders are in an excellent position to educate […]
Big Data Adoption: Opportunities & Challenges
Though there is widespread acknowledgment about the many advantages associated with big data, some skewed and somewhat volatile trends have surfaced. Many real estate organizations are trying to “sample” big data. Some firms hire a data solutions provider for a few months. The pilot big data project is run for about 2 to 3 months. […]
Big Data Strategy Tips for Real Estate Businesses
Big data has been largely acknowledged by real estate businesses. They understand that a data-centric approach is the only cost-effective and result-oriented solution to survive and flourish in a very competitive marketplace. Here, we will talk about some strategies and precautions you must incorporate as you get ready to drive the big data wave: Be […]
Home Flipping: What You Should Know
Many real estate investors make a living by flipping homes. However, unless you choose the property wisely, you may end up making losses. How to start The first step is to find a home that has some value. You also need to look at some core factors. Here is a quick overview of the features […]
Get Ready to Test Your Big Data Preparedness
The big data transformation is underway. Real estate businesses realize that their management roles and product development methodologies need to become more data-driven. Overall, big data is new to most companies. Many of them can get easily overwhelmed by its enormous potential. Here, we present answers to some big data questions that should help you […]
How Big Data Creates Value for Businesses and Consumers
It would be wrong to state that big data creates value for businesses only. Yes, this is the common perception, but customers have nearly as much to benefit from a data driven marketplace as real estate businesses. Understand this with an Example An example that beautifully mirrors the benefits of big data adoption across the […]
A Glossary of Real Estate Terms
Are you looking to refinance your current home mortgage? In order to successfully communicate with your mortgage broker, you should know the basic real estate jargon. There are a plethora of terms that those involved in real estate use, and you need to educate yourself to protect your investment in the refinancing process. This glossary […]
What Does the Future Hold for House Price Appreciation?
Robert Schiller, a sterling professor of economics at Yale University, has predicted that the home prices will rise by one or two percent more than inflation during the next ten years. The professor has compiled huge data on house prices in the United States, beginning from 1890 and going all the way through 2008. Professor […]
