Talos Guides

Market Data

Use FRED and public economic context without overclaiming property-level value.

Purpose

Market data gives context for assumptions, rates, and broader economic conditions.

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When to use it

Rates or macro context affect assumptions.

Market data appears stale or unavailable.

A report needs source context.

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Inputs needed

Configured FRED key

Network access

Series availability

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How to read the output

Series publish on different schedules.

Stale labels matter.

Market context does not value a property by itself.

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Common mistakes

Using macro data as a direct comp.

Ignoring stale states.

Assuming every series updates daily.

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Next steps

Valuation

DCF

Assumption notes

Professional note

FRED and public market data may be delayed, revised, incomplete, or unavailable.