Zip Smart AI is a subscription service that uses artificial intelligence to help users make smarter real estate decisions. Whether you are a seller, buyer, investor, or renter, Zip Smart AI can provide you with valuable insights and forecasts for over 40,000 zip codes in the US.
In this blog post, we will explain how Zip Smart AI works, what features it offers, and why you should consider using it for your next real estate transaction.
What is Zip Smart AI?
Zip Smart AI uses machine learning algorithms to analyze historical and current data from various sources, such as Zillow, Census Bureau, Bureau of Labor Statistics, Federal Reserve Bank, and more. It then generates projections for the next five months for each zip code based on factors such as supply and demand, crime rate, unemployment rate, income level, education level, owner occupancy rate, and more.
Zip Smart AI also provides interactive maps that allow users to visualize the trends and compare different zip codes.
What features Zip Smart AI offers
Zip Smart AI offers a comprehensive set of features that can help users make informed and confident real estate decisions. Some of the features are:
- Listing price month-over-month percentage change: This shows how much the median listing price of a zip code has changed compared to the previous month. This can help users identify hot or cold markets and anticipate price movements.
- 12 months price history: This shows the historical median listing price of a zip code for the past 12 months. This can help users understand the long-term trends and seasonality of a market.
- 5 months forecast: This shows the projected median listing price of a zip code for the next five months. This can help users plan ahead and time their transactions according to their goals and expectations.
- Crime rate: The ratio of recorded felonies and misdemeanors to the population, with high crime rates often leading to a decrease in home prices.
- Interactive forecast map: This shows a color-coded map of the US where each zip code is shaded according to its projected price change for the next five months. Users can zoom in and out and click on any zip code to see more details. This can help users discover new opportunities and compare different markets.
- Supply and demand: This shows the ratio of active listings to sold listings in a zip code. This can help users gauge the market balance and competition level of a market.
- Rent trends: This shows the median rent price of a zip code and how it has changed over time. This can help users evaluate the rental potential and return on investment of a property.
- Price to income ratio: This shows the ratio of median listing price to median household income in a zip code. This can help users assess the affordability and attractiveness of a market.
- Unemployment rate: This shows the percentage of unemployed people in a zip code. This can help users understand the economic health and stability of a market.
- Qualification percentage: This shows the percentage of people in a zip code who have a credit score above 640. This can help users estimate the demand and availability of financing in a market.
- Higher education percentage: This shows the percentage of people in a zip code who have a bachelor’s degree or higher. This can help users measure the human capital and quality of life of a market.
- Owner occupancy percentage: This shows the percentage of properties in a zip code that their owners occupy. This can help users determine the level of investment and maintenance of a market.
- Rate cut prediction: This shows the probability of a rate cut by the Federal Reserve Bank in the next six months. This can help users anticipate the impact of monetary policy on mortgage rates and housing demand.
How to use Zip Smart AI?
The video below explains how to use Zip Smart AI:
Zip Smart AI pricing plans
If you are interested in using Zip Smart AI for your next real estate transaction, you can sign up for a 30-day free trial at Zip Smart AI. You will get access to all the features and data for $99 for six months ($16.5/month). You can cancel anytime before your trial ends if you are not satisfied.
Reminder: Zip Smart AI is not an investment advisor or broker-dealer and does not provide any financial advice or recommendations. However, Zip Smart AI is a powerful tool that can help you make smarter real estate decisions with AI. By using Zip Smart AI, these processes become easier:
- Data-driven projection
- Market search
- Identify new opportunities and avoid pitfalls
- Save time and money by accessing all the information in one place