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Housecanary

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Bobby Bucks

Elite Member
Joined
Jan 27, 2002
Professional Status
Real Estate Agent or Broker
State
North Dakota
Interesting read, ZOW Part Deux perhaps, I wish them luck. :)
 

ucbruin

Elite Member
Joined
Mar 11, 2014
Professional Status
Certified Residential Appraiser
State
Massachusetts
“As a real estate investor, I have experienced first-hand how hard it can be to get good data that doesn't go stale,” says Lauren Pressman, head of real estate investments at Hillspire.

I wonder how they plan to keep "good data" from going stale????
 

hastalavista

Elite Member
Joined
May 16, 2005
Professional Status
Certified General Appraiser
State
California
We had a representative from HouseCanary speak at our Residential Symposium last year in Dublin, CA.

It was a very good presentation. Their product is an AVM (but not your father's AVM) that tracks a number of different demographics (not just home values). For certain users, it can be a valuable analytical tool.

It isn't a substitute for an appraisal but is an alternative valuation tool which can work for certain situations.
They are working on (and maybe have created already) a tool which is designed to assist appraisers; not valuation analysis but market analysis.

Naturally the rep spoke about HouseCanary's specific product, but the presentation was more about how information/data is being collected, integrated, and analyzed for market analysis purposes.
 
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