Data Science

April 29, 2024

What’s the Difference Between Black Box vs. Explainable AI (XAI) Models?

The lack of transparency in these models can lead to biased outcomes, lack of accountability, and even security risks. This is where the difference between black box and explainable AI (XAI) models comes into play.

March 14, 2024

Unlocking Floor-by-Floor Pricing Insights with AI

Learn how we developed a cost-effective AI model to accurately extract floor numbers from complex unit names, improving real estate data analysis.

February 26, 2024

HelloData: AI Powered Multifamily Rent Comps

HelloData automates rent comp identification by using AI to select the most statistically similar rent comps based on a comprehensive array of factors including submarket demographics, physical distance, unit specifics, amenities and quality.

January 29, 2024

How We Remove Unauthorized Apartment Listings From Our Data Set at Scale

We track over 25 million apartment units across the U.S., and maintaining the integrity of our data is a top priority. In our ongoing efforts to ensure the highest quality of data for our clients, we have developed a robust system to identify and remove unauthorized listings.

October 25, 2023

How to Identify Multifamily Value-Add Deals with Computer Vision

Using computer vision to identify value-add deals in the multifamily real estate sector can be a game-changer. Value-add deals refer to properties that offer the potential for increased returns through various enhancements, such as physical improvements, operational changes, or market position improvements.

September 27, 2023

A/B Testing Pricing for Multifamily Revenue Management

As the real estate data science team at Hello Data has been analyzing rent and time on market from apartments across the country, we’ve noticed an interesting phenomenon in some properties… they keep a few units on the market seemingly forever.

July 25, 2023

Real Estate Insurance Cost Increase Analysis

On average, insurance costs have increased by about 27% from 2020 through the end of 2022. The Midwest saw the lowest increases from 2020 – 2022 at only 21%, while the South experienced a 39.3% increase in insurance costs over the same time period.

May 10, 2023

Unlocking Value for Renters in Atlanta with HelloData.ai

Last week, we put together data on the Atlanta rental market as part of a proof of concept with a potential client. The data included rent, availability, concessions, amenities, and many other attributes for about 16k units listed on a single day in May. It also analyzed the listing photos for each property, and included the QualityScore we generated as a variable.

February 24, 2023

Identifying the Best Rental Comps with Vector Embeddings and ML

Traditionally, comparable properties for homes and apartments have been computed using basic data such as the number of bedrooms, bathrooms, and square footage. However, as any seasoned real estate professional can attest, two properties with identical basic features can vary greatly in price.

January 23, 2023

OCR vs Machine Learning for Real Estate Data Extraction

When real estate professionals take a look at all the options for automated data extraction, there are so many products available that it can be pretty confusing trying to find the best one. What makes the most sense for your business? If you are trying to make a decision today, there are a few key differences between machine learning and OCR to think about.