2017 Media Sentiment – Mining the U.S. Housing Market with Tech Tools

Jonathan ScottBig Data, Contruction, Forecast Accuracy, Natural Language Processing

Housing Tides 2017 Media Sentiment - Mining the U.S. Housing Market with Tech ToolsArtboard 1 copy 14

Each month Housing Tides™ leverages IBM Watson® Natural Language Understanding tools to measure the sentiment of over 500 news articles covering the housing and homebuilding sector from over 90 major news sources to “check the pulse” of the industry.  We believe that by quantifying the positivity or negativity of news coverage, housing professionals can gain an understanding of the consensus … Read More

Flourishing Forecasters – Who makes the most accurate forecasts?

Jonathan ScottBig Data, Forecast Accuracy, Natural Language Processing

If you want to get ahead as a real estate investor or housing industry professional, it’s important to follow major news sources to track latest developments in the housing sector and general economic climate.  These media often feature opinions and predictions about the future course of events, ranging from broad and vague (e.g. “It’s possible that housing starts will fall … Read More

Buy Us or Bias

Jonathan ScottNatural Language Processing

Housing Tides Blog Buy Us or Bias

To the detriment of our businesses, clientele, and bank accounts, cognitive biases skew the mental portrait of the world that each of us internalizes and references when making decisions. These biases come in different flavors, but they all offer mental shortcuts that simplify the vast amounts of information at our fingertips, enabling us to break those decisions into bite-sized pieces. … Read More

Truth or Dare in Housing Predictions

Steve ByersNatural Language Processing

Housing Tides Blog Truth or Dare in Housing Predictions

What do we “believe” is going to happen in housing and residential construction over the next month? Quarter? Year? How do we decide what we think will happen? Who amongst the experts do we believe? Why do we believe them? It’s a thicket of guesswork frankly. For all of us, whether it’s forecasting or simply understanding housing, we have a … Read More