What are Micro Markets

 

The Micro Markets, contain the Most important local data information, that WILL affect the Future. 

 

 

The Micro Markets include:


The inner-most rings -

  • Block Groups
  • Census Tracts
  • Zip Codes

 

Location-location-location is really all about the Micro Market.   Before you invest in real estate, or become a professional, first you have to have a clear understanding of what the Micro Markets are. Picking the right Block, Tract, or Zip Code to invest in, is critical. Or picking the right area to farm, and knowing in advance, where to focus your efforts, is critical.

 

Without the latest Micro Market boundary information, you are relying on luck and hope that prices and trends will be positive, which as many know, is a false conclusion.  The trick is, to have the most current trends and information at the Block, Tract, and Zip Code, so you can make smart informed investments.

 

The Micro Markets consist of: Block Groups, Census Tracts, and Zip Codes. 

 

Block Groups are defined as: the smallest geographical unit, defined by the Census, where there is reliable data.  With around 300 to 400 homes.  There are 209,000 Block Groups in the US.

 

Census Tracts and higher levels are just clusters of Block Groups.  Block Groups and Census Tracts have consistent boundaries, and Zip Codes are like bunny rabbits.  They just keep popping up everywhere.  In 2008 there were 39,000 Zip Codes, and in 2010 there are over 42,000.  They just keep popping up, like magic.


 

 

Within each Micro Market, the data information changes thousands of times, each fiscal year.  Home Value Predictor, is currently the ONLY company that provides the latest and most current trends and data information at the Micro Market level.

 

Sometimes Real Estate professionals look at neighborhood features, such as schools, or other convinces. 
Mostly as a sales tool.  And NOT, as a means to asses Current OR FUTURE Risk. OR to quantify measureable ROI or profits.

 

Most professionals do NOT look at the latest local changes, since this information is not recorded.  Home Value Predictor.com is the ONLY provider of this critical information.  So now, you can make smarter choices and more profits with Micro Market information and forecasts.

 

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