Prophetic Launches DevMap, an Industry-First National Map of New Residential Subdivision Developments
"Local markets are difficult to analyze, often requiring days or weeks of manual data review to understand where new development projects are & how successful those projects are – that needed to change," said
Prophetic's DevMap technology is based on a vast web of data architecture including analysis of parcel geometries, building permits, assessor files, Large Language Model (LLM) based predictive analytics, machine learning, and much more. The result is a single map layer that contains all new residential subdivisions, in any city, where users can simply click any highlighted new development to learn more. "Within the last 12 months, 164,354 new residential subdivisions entered the entitlement process, completed entitlement, began construction, or completed construction in the US – a statistic that, as far as we can tell, has never been reported before. DevMap's ability to identify new residential subdivision developments in literally any city, unincorporated county, or major metro area in the country is truly groundbreaking" commented Dr.
When DevMap is used in combination with Prophetic's state-of-the-art ZoneAI national zoning data, property data, SiteAI automatic site planning technology, landowner skip tracing, and more, the "snowball effect" of value becomes a complete solution that removes land acquisition as a growth bottleneck for homebuilders, land developers, real estate developers, brokers, BTR developers, and others.
"This national release of one of our most valuable proprietary technologies, DevMap, is a high-water mark of Prophetic to-date. This project showcases our technical team's world-class expertise in creative data engineering and artificial intelligence-based analysis. Our engineering team loves opportunities to watch how our product provides next-level value directly to our customers, and this project is no exception" noted
Schedule a demo of Prophetic, including DevMap, today at www.propheticsoftware.ai
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SOURCE Prophetic
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