Advanced Analytics still is relatively nascent but the predictive power is too great to ignore. A successful data-driven approach can yield powerful insights to enable a high rate of accuracy to identify risks and opportunities.

 

Getting ahead of the market: How big data is transforming real estate

In Boston, the price of homes within a quarter of a mile of a Starbucks jumped by more than 171 percent between 1997 and 2014, 45 percentage points more than all homes in the city, according to a February 2015 report by the brokerage and information website Zillow.