New York City / San Francisco - July 28, 2015 - (Newswire.com)
Jonathan Miller has joined the board of NeighborhoodX, a forthcoming start-up focused on neighborhood-level data and reporting.
"I love the information drill-down that NeighborhoodX has mastered, a far cry from the generic neighborhood stats that consumers have been force fed for years,” said Jonathan Miller.
“Too often, cities are reported on as if they are monolithic real estate markets, despite being composed of diverse neighborhoods with very different building stock, conditions, and pricing,” said NeighborhoodX co-founder Constantine A. Valhouli.
NeighborhoodX will launch with detailed coverage of New York City’s 325+ neighborhoods, 100 neighborhoods in Seattle, and over 40 neighborhoods in Havana. “New York was a natural choice, as it is one of the most dynamic markets. And Havana fascinated us because it is unlike any other real estate market in the world. It has liquidity for the first time in 60 years, and almost no transparency.”
The site’s discovery features help users find value in neighborhoods they may not have expected, providing usable information about housing and commercial building stock, prices, and yields, as well as flagging potential issues or areas of concern within neighborhoods--all of which gives significant context to property searches and individual listings. This information is valuable for everyone from buyers, renters and investors, to developers and appraisers, and even the burgeoning real estate crowdfunding sector.
NeighborhoodX’s proprietary research offers insights that cannot be provided by big data approaches--one of the key inefficiencies in real estate. The traditional approaches have offered often inaccurate estimates of value and have been duplicated without changing the structure or approach to the information architecture or editorial focus.
Mr. Miller, who was named “Best Online Real Estate Expert” by Money Magazine and one of the 100 Most Powerful People in Real Estate by The New York Observer, brings years of expertise in appraisals and a deep understanding of the real-estate market to the company.
About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm. He is an expert commentator, covering US and regional housing issues in the New York Times, Bloomberg, The Wall Street Journal, Reuters, AP, CNBC, CNN, ABC, The Real Deal, Crain’s New York Business and Bloomberg View.
He is the author of a series of market reports considered the “report of record” covering the New York City metropolitan area, South Florida, Los Angeles and Aspen, CO that are relied on by the media, financial institutions and government agencies including the Federal Reserve, Internal Revenue Service, U.S. Department of Housing and Urban Development, the NYC Office of Management and Budget.
ADDITIONAL INFORMATION
Jonathan Miller: jmiller@millersamuel.com
Contact Info:
NeighborhoodX
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Original Source: Jonathan Miller Joins Board of NeighborhoodX
