While the real estate industry has long understood the need for data, it still struggles with connecting information to decision making. New strides in data science could change that.
https://www.afire.org/podcast/202222cast/
According to Brian Biggs, Vice President of Research for Grosvenor Americas, advances in data availability and data science techniques are bringing new transparency to historically opaque real estate markets.
On this episode of the AFIRE Podcast, recorded in November 2022, Biggs joins podcast host and AFIRE CEO Gunnar Branson to talk about how a data science approach to real estate analysis can reveal fundamental relationships between building-specific features, amenities in the built environment, sociodemographic factors, and real estate pricing at a scale previously unthinkable.