Company Filing History:
Years Active: 2013-2021
Title: The Innovative Mind of Yang Wang
Introduction
Yang Wang is a notable inventor based in Falls Church, Virginia, with a keen focus on advancing the field of real estate valuation. With three patents to his name, he has significantly contributed to the development of innovative methodologies for estimating property values.
Latest Patents
Wang’s latest patent is titled "System and method for providing an estimate of property value growth based on a repeat sales house price index." This invention describes systems, methods, and computer-readable storage media for estimating real estate property values through an adjusted repeat sales model that employs a regularized estimator. The exemplary embodiment consists of a computer-implemented method that calculates data for estimating adjustments from an aggregated level to a first disaggregated level by linking first and second transactions through a repeat sales house price index function. Furthermore, the method determines a regularized estimate of the deviation between the repeat sales house price index at the aggregated level and that at the disaggregated level, allowing for more accurate property value assessments.
Career Highlights
During his career, Yang Wang has collaborated with prominent organizations, including the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. His work has played a vital role in enhancing methodologies for real estate analytics. With a commitment to innovation, he remains a key player in his field.
Collaborations
In his professional journey, Wang has worked alongside esteemed colleagues, including Stefan Krieger and J. Douglas Gordon. Their collaborations have fostered a productive environment that encourages the sharing of ideas and techniques in enhancing property valuation processes.
Conclusion
Yang Wang's contributions to the field of real estate valuation through his patents exemplify the vital role of innovation in increasing accuracy and efficiency. His work not only advances the industry but also sets a foundation for future developments in property value estimation methodologies.