Weiss Analytics is creating lots of buzz around the value of micro-market analysis. It does have a place in the industry — and in reviewing the most recent Weiss Analytics report on home prices, I don’t mean to be impolite. Lots of hard-working people in the private sector and government grapple with home prices, trying to provide accurate and entertaining pictures of what’s taking place.
- The public doesn’t care about the market aggregate -- civilians and Realtors care about particular houses.
- Weiss Analytics is on a more useful track by trying to localize data; however, it's not particularly useful when predicting the fate of any individual home.
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Inman Connect New York | January 29 - February 1, 2019