A Discovery System for Finding High-Value Homes

Yanjie Fu, Hui Xiong

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Scopus citations

Abstract

Buying a house is not only an emotional desire, but also a popular investment option. However, housing markets lack of tools and relevant systems of complete evaluation for house values. To this end, in this paper, we provide a discovery system for finding high-value homes. Unlike traditional housing price models, the proposed discovery system has taken both urban geography information and human mobility information into consideration. In this system, a suite of data mining functions have been developed to identify human mobility patterns by exploring human location traces as well as the interactions between human and Point of Interests (POIs). Given a set of candidate houses, the system can produce a ranked list of top-k high-value houses. Specifically, this demo system provides various application functions. First, it can support decision making of home buyers. Second, it can help home sellers to optimize their pricing strategies. Finally, it can help real estate developers for site selection, and thus help urban planning as well.

Original languageEnglish (US)
Title of host publicationProceedings - 15th IEEE International Conference on Data Mining Workshop, ICDMW 2015
EditorsXindong Wu, Alexander Tuzhilin, Hui Xiong, Jennifer G. Dy, Charu Aggarwal, Zhi-Hua Zhou, Peng Cui
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1612-1615
Number of pages4
ISBN (Electronic)9781467384926
DOIs
StatePublished - Jan 29 2016
Event15th IEEE International Conference on Data Mining Workshop, ICDMW 2015 - Atlantic City, United States
Duration: Nov 14 2015Nov 17 2015

Publication series

NameProceedings - 15th IEEE International Conference on Data Mining Workshop, ICDMW 2015

Other

Other15th IEEE International Conference on Data Mining Workshop, ICDMW 2015
Country/TerritoryUnited States
CityAtlantic City
Period11/14/1511/17/15

All Science Journal Classification (ASJC) codes

  • Electrical and Electronic Engineering
  • Computer Science Applications

Keywords

  • Housing Market
  • Human Mobility
  • Location Traces
  • Point-of-Interests

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