Articles & Events
2018
November 16, 2018: Here are the priciest real estate markets in the world
ArticleLeave a commentWritten by Inman News’ Gabriela Barkho. Published on Inman on November 16th, 2018.
This month, consulting firm Webster Pacific partnered with New World Wealth, a market research firm that focuses on wealth data, to release the top property indexes of where the priciest real estate markets are in the U.S. and internationally.
The firms tracked a few key apartments in major cities in prime, upscale neighborhoods. Here are the “Top 10 US cities/towns ranked by the dollar rate per square meter,” collected in June 2018:
- New York City : $34,000
- Pebble Beach, Monterey: $21,000
- Los Angeles: $14,000
*You can read the rest of the article on Inman News, via this link.
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2018
OCTOBER 31, 2019: NW GIS CONFERENCE – COMBINING DISPARATE DATASETS TO GET THE DATA YOU NEED
EventsLeave a commentSteve presented at the NorthWest GIS User Conference on the topic of combining disparate datasets in Bremerton, WA on October 31, 2018.
Abstract: Do you ever struggle to find the exact GIS data that you want? Do you get frustrated that available datasets aren’t granular enough or are redacted in a way that isn’t actionable? We live in the Big Data revolution, so why should we give up if we don’t find the exact GIS data that we are looking for? In this session, we will explore the idea that to get the GIS data you want, one dataset, you may need to employ and combine multiple datasets. To demonstrate this, we have a case study on enhancing international wealth and demographic data, although this approach can apply to any GIS dataset and to any GIS industry.
*You can read the rest of the abstract, here.
Read MoreHong Kong is one of the wealthiest places in the world. As part of our new High Net Worth Individual (HNWI) data product, we’ve built a GIF (movie) which shows the levels of wealth concentration in Hong Kong.
Read MoreAs a follow-up to our Whole Foods Manhattan study, we’ve created a growth map for SoulCycle in Manhattan. To visualize this, we created a GIF (movie) of SoulCycle locations each year from 2005 to 2018, which you can view below.
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SoulCycle has gone from 0 to 17 studios in Manhattan in the last 13 years. As of today, 41% of the Manhattan population and 66% of households earning $200k or more live within a 15-minute walk of a SoulCycle studio. Based on the map and our knowledge of New York, we would predict that their next openings would be in Hudson Yards, the Lower East Side and the southern part of Harlem.
Webster Pacific has been working on Property Price Prediction Maps in markets across the United States. These maps provide our prediction, based upon geospatial wealth-change calculations, of where property prices will increase. Below, you will find maps of Manhattan, Miami, and LA, and you can find the map of San Francisco here.
Manhattan
Miami
Los Angeles
Since 2015, Webster Pacific has developed a series of Assessment Dashboards for a private school client. These dashboards identify students’ progress to be used by teachers as well as classroom and school-wide progress to be used by school leadership.
Webster Pacific’s Daniel Saniski will be co-presenting on the topic of Assessment Dashboards at the National Association of Independent Schools (NAIS) conference in Atlanta on March 8th at 8:00 am. The presentation is called Mission-Driven Data Visualization: Compelling Dashboards That Transform Student Learning in Real Time.
Written by Webster Pacific Consultant Steve Bazant. Published by Propmodo on October 23rd, 2017.
Recently, I was sitting down with a contact who works at a premier commercial real estate (CRE) investment company with a nation-wide portfolio. We were discussing his national portfolio and the types of markets in which the company usually invests. At one point during our conversation, he said something that struck me: “Our current strategy is to only invest in sunbelt markets.” His reasoning here was that these markets are “up and coming”. I knew that this contact had huge success in the world of CRE, but I found myself thinking, what does “up and coming” even mean? How do you prove that? How could a national investment strategy be the southern half of the entire country?
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May 23, 2017: Using Data-Driven Location Analytics to Guide Commercial Real Estate Investments
ArticleWritten by Webster Pacific Consultant Steve Bazant. Published by Propmodo on May 23rd, 2017.
My father, a seasoned commercial real estate broker, always told me that real estate is about “location, location, location.” While working in his office as teenager, I can remember hearing brokers arguing loudly about which neighborhoods were up and coming, what the residents were like, and where the most money could be made. After working in the consulting industry for several years, my company, Webster Pacific, has embarked on an analytical journey to better quantify “location, location, location.” To educate our clients, we have taken our own, novel approach to location analytics.
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