What does this map and app show?
How much will you gain if you buy a home instead of renting it. The total investment return for each US county.
Why are some counties empty?
There was not enough relaible data to calculate the intrinsic economic value of properties in that county.
What are the shortcomings?
Some counties are empty (Dah!) and we have not taken into account (yet) the homeowner insurance differences. As soon as we find a reliable data source, we will improve it.
What is this app NOT about?
There are many factors when you are deciding to buy a home. Are you settled in your job and town? Can you afford the down-payment and mortgage payments? Do you like the freedom of moving or the pleasure of working on your home? What type of housing do you like? What neighborhood is the right one for you? These decision factors depend on personal preferences and we do not deal with them.
Then, what the hell are you good for?
Buying a home means commiting to a long term investment, putting a good chunck of your savings for a down payment, borrowing a huge amount of mortgage, and often paying twice in “mortgage payment, property tax, rennovation costs, and homeowner insurance” as you might pay to rent a similar apartment or home.
But if you buy a home, you will profit from price appreciation, you avoid paying ever-increasing rents, and it can be a good retirement investment when you are done with mortgage payments.
Moreover, timing is another crucial factor. Maybe housing prices in your town have gone too high, or mortgage rates are too high to justify buying a home. Is it better to buy or to rent and wait?
We deal with all these “economic and financial” factors and make it simple for you. inVisement answers “is it a good investment?”
Is it reliable? You know prediction is a fool’s errand, right?
Nobody knows the future, but we stick to economics of housing valuation. We use financial market rates to hedge risks and we avoid predicting as much we can. We do not like to look like a fool. We deploy Economics, Asset Pricing, Financial Market, Data Science, and Machine Learning to build, train, and test our valuation model.
How do you do that?
We use “Economics and Asset Pricing” to come up with a reliable formula with a solid foundation to calculate the intrinsic economic value of real estate properties.
Then, we use “Financial Market and Macroeconomic Indicators” to hedge all the hedgeable risks in order to avoid “predicting” and making a fool out of ourselves.
But not everything is hedge-able. So, we train our Machine Learning model to optimize the model accuracy. And, we use the most reliable and up-to-date data sources (thanks to our data providers: Zillow, Federal Reserve, our Municipal Tax Data and Insurance Data) to come up with our housing valuations for each neighborhood. At the end, we visualize it for you and keep it updated every week with new upcoming data. It’s all we do. Simple. Would you like to do it on
What if I trust you and lose money?
You are responsible for your investment decisions. Do not blame it on us. No kidding. It’s legal.
Can I distribute or use it?
Yes, it is free, we appreciate if you do so and we claim nothing on your gain without the pain.
Buy or Rent a home?