The real estate industry is rapidly changing. For a long time, experts in the US would correlate the growth of properties with the availability of community amenities, population densities and proximity to the city center.
According to the McKinsey & Company, relating data to property value is increasingly difficult in 2021. There’s a huge mass of data nowadays. And unlike two decades ago, relating big data to real estate market prices is challenging for experts.
In this article, we’ll delve more into the data that matters to real estate in 2021. We’ll also highlight the challenges that come with protecting this data and the problems that lie therein.
Turning Data into a Portfolio Safely
Figuring out which data moves the needle in real estate is already challenging. Collecting this data, analyzing and converting it into a portfolio safely is even more difficult. You can always collect real estate data manually and keep it in safe offline files.