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Archived Resource Links: Updated January 4, 2021
One of the distinguishing characteristics of real estate is the fact it is "fixed in location." As such, the ability to analyze the spatial context is critical to understanding the value proposition of real estate. Despite the fixed nature of a site, location should be vieweed in dynamic context, one that is based on market participants' perceptions of the relevant environs and linkages associated with a site. Advances in spatial visualization and dramatic increases in access to data have had a transformational impact on real estate market analysis. The objective if this page it to highlight some of these advances and identify some key sources that can provide additional insights into the spatial elements of real estate. In addition to providing examples of visualizations, this page also identifies some free resources that provide insights into the spatial context of real estate.
Free Data Visualization and Analytics Tools for Teaching
Alteryx for Good
The "Alteryx for Good Program" provides Alteryx licenses for verified academics, students, and non-profits. By integrating Alteryx in real estate and other academic programs, faculty can provide students with a competitive edge in terms of cutting-edge analytics. The lower learning curve required to master Alteryx's workflow modeling using drag-and-drop icon tools allows non-technical users to harness the power of big data without having to rely on complex programming languages. This opens the door to interjecting data science without compromising learning objectives focused on undelying industry fundamentals that it takes to succeed professional careers. For an eample of how Alteryx can harness the power of big data analytics and spatial analysis in real estate, see: a2V-Lb: Abandoned to Vibrant Land Bank Housing.
 <-- Click for link to Alteryx for Good
Click here to download --> Ateryx for Good.Educator
Click here to download __> Ateryx for Good.Educator
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Tableau for Teaching
Tableau has established free licenses for students and instructors to encougage adoption of its software. The program requires verification of academic status. The free licenses are available for Tableau, as well as Tableau Prep. The package supports spatial and other visualizations. Examples can be found at Tableau and on this page. Tableau has an extensive set of tutorials and support materials. For an introductory tutorial I prepared for my students, see: Introduction to Tableau for Real Estate-DeLisle.
 <-- Click for link to Tableau for Teaching
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XMind is a mind-mapping and brainstorming tool that can be used to support design and critical thinking. In an academic setting, it can be used to organize course materials, projects, and other concepts in a dynamic, creative manner. Several commercial versions are available that run on different platforms and may be of interest. However, a fairly fully functional version of XMind 8 is available for free for students and other users. With the free version, users can access customized mind maps that have been prepared by others as well as create their own maps. For an introductory XMind 8 Tutorial I prepared for my students, see: XMind 8 Tutorial.
 <-- Click for link to XMind 8
Selected Data Sources & Visualizations
The Federal Reserve Bank of St. Louis Federal Reserve Economic Data (FRED)
website allows users to download, graph, and track 767,000 US and international time series from 102 unique sources of data.
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The Environmental Justice Screening and Mapping Tool
is a great resource for assessing environmental quality of small geographic areas. Sites can be accessed by address or an interactive map. Once a site is selected, Generate Reports. t For more information on how to use this site, click on EJSCREEN Help.
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