Big Data IsTransforming Real Estate

In the real estate universe there’s been a lot of talk lately about "big data" — and what it means for Realtors, investors and the real estate industry overall.

"Big data" refers to our newfound ability to collect and crunch vast amounts of information, analyze it instantly, and draw sometimes astonishing conclusions from it.

A revolution on par with the Internet or perhaps even the printing press, big data is changing the way real estate is marketed, bought, sold, traded and rented.

Consider what’s going on in San Francisco.

By Octavio Nuiry, Senior Staff Writer

Full Story: http://www.realtytrac.com/content/news-and-opinion/will-big-data-transform-real-estate-8113