Local Logic and Propstream Forms New Partnership to Empower Real Estate Professionals with Localized Insights

Determining Location Value Drivers with Demographics Datasets

Local Logic, the leading location insights provider for the real estate industry, announced its latest partnership with PropStream, the biggest aggregator of real estate data with coverage for 155+ million properties nationwide. This collaboration enables Propstream to seamlessly integrate demographics, a new localized insights dataset, and help its users determine location value drivers quickly and accurately, aiding in property comparisons, valuations, and investment potential.

Through this partnership, Propstream offers targeted and localized data within a 1-mile radius of the subject property for the following demographics: housing type, income (average income, employment level, income brackets), total population, household composition, highest education level, and commute.

PropStream’s President, Brian Tepfer, said, “We are continuously looking for ways to grow our data range and coverage above and beyond our competition so that our customers have an all-in-one platform to make informed decisions to find and market to leads. While free demographic data is available, it’s often outdated and can be irrelevant to a subject property. Real estate pros can now become local experts armed with valuable neighborhood insights using PropStream’s powerful demographics data powered by Local Logic to generate more leads in viable markets.

It takes more than an understanding of a property’s physical details to thrive in today’s challenging real estate market. A home’s surrounding area and nearby demographics are important selling points when people decide where to live. Demographics are essential for determining investment and lead potential in real estate.

Vincent-Charles Hodder, CEO of Local Logic, says, “We are thrilled to be working with a leader in real estate data aggregation, where our unrivaled specialization in localized insights allows us to offer a unique data partnership to PropStream and its customers. In turn, providing their customers with clarity and intelligence to grow their businesses.”

To learn more about Local Logic’s location intelligence solutions, please visit https://locallogic.co/.

About Local Logic

Local Logic is a location intelligence platform that digitizes the built world for consumers, investors, developers, and governments – delivering unrivaled clarity and actionable insights capable of creating more sustainable, equitable cities. With more than 85 billion unique data points – the largest unique location data set in the U.S. and Canada – the platform creates a digital twin of cities, quantifying the built world and offering predictive, precise analytics to inform the present and future of over 250 million individual addresses.

About Propstream

PropStream, a Stewart Company, is the leader in multi-sourced data aggregation, allowing real estate professionals to get the most targeted leads. In business since 2006, PropStream has data for over 155 million properties nationwide. Upcoming enhancements utilize the power of Predictive Real Estate Data to pave the way for new features, proprietary AI predictive analytics, and hundreds of filtering combinations (including 20 Lead Lists). PropStream helps real estate professionals find the best off-market leads and market to them in the least amount of time. PropStream was acquired by Stewart Information Services Corporation (NYSE:STC) in November 2021 and has been named a HousingWire Tech 100 Honoree four years in a row since 2021.

Thao Tram Ngo

June 18, 2024 | 3 minutes read