Fayetteville-based land intelligence platform Acres.com[1] recently released a first-of-its-kind index to provide foresight into residential land development, according to a news release.
The Acres Home Builder Index is expected to help homebuilders, retail developers, investors, and home service providers understand where residential growth will happen and how to prepare for it. The index will provide visibility into growth corridors and oversaturated markets by tracking transaction activity from home builders and developers. It’s expected to help customers predict where the growth will be years before construction begins, identify the true buyers behind every land deal, avoid areas where land is overbought, and view sales data.
“By the time market changes show up in traditional datasets, land prices spike, markets become oversaturated and you lose the advantage,” said Carter Malloy, founder and CEO of Acres. “The Acres Home Builder Index gives customers a head start, showing where homes will be built years from now, letting them act with confidence on trends before they hit the market.”
The index combines land transactions, entity tracking, and site suitability data, including zoning, utilities, infrastructure and natural hazards into one map-based platform. It draws from Acres’ national parcel records, entity analysis and transaction database.
According to a spokeswoman, the index is designed for enterprise customers, and the cost varies by geographic location. The company declined to provide pricing.
Acres has more than 60 employees, with the majority working out of its offices on the Fayetteville Square.