Sectors

Big Data’s Role in the New Real Estate Boom

12th Feb `13, 01:00 PM in Sectors

With the US residential real estate market finally beginning to track upward, long-dormant investors are returning to the…

BDMS
Guest Contributor
 

With the US residential real estate market finally beginning to track upward, long-dormant investors are returning to the fray, scooping up properties and flipping them at a profit (hopefully) — and big data applications have popped up to help.

Successful real estate investing requires access to a wide range of accurate information. There are three essential basic types of data: property data, customer behavior data, and market data. All three can be fully integrated and exploited via big data analytics.

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