Where can I obtain data that's useful for analyzing investment RE markets?
As an example, it would be great to have a detailed heat-map of population growth in the US. Or the same thing but for growth in median or average salary. Or one that visualizes areas with salary growth outpacing (or not) the appreciation of MF RE in that same area.
I know that I could create my own visualizations with analytics tools like PowerBI but in order to do that I need sources of data (typically in a CSV format though web page tables can be scraped.)
And of course if someone has already invented this wheel that makes it even easier so I'm also interested in any analytics apps/sites that can be useful for exploring and comparing regional markets.
Data could be deceiving
Based on my experience a lot of people overpay/underpay based on data trends and local investors steal the deals
Real estate is local
You gotta get a feel for it
I drive to any listing that seems interesting to me to check out the neighborhood
@Shehzad S. I agree with some of that but I am still interested in observing regional trends.
On a whole I think that, in the right hands, data is definitely an asset and not a liability.
Data is data
@Corbin Lane the best place to get open source data about real estate, population growth, etc is Data.gov. This the information that is used by the Government to determine mortgage interest rate and loan interest rates.
Review my LinkedIn page to verify my credentials in this space about Data collections and data analytics .
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