IRVINE, CA—Midway through March Madness it's clear that parity reigns in college basketball.

The 16 teams that survived the manic first rounds of the NCAA men's college basketball tournament are diverse both in geography, conference affiliation, and size — from the smaller private Dayton University in southwest Ohio, with 11,000 students and member of the Atlantic 10 conference, to the mammoth University of Florida in Gainesville, with nearly 50,000 students and member of the mighty SEC.

All these diverse schools have enough talent, athleticism and coaching acumen to win their next game, and maybe the next, and end up in the Final Four, where all bets are off. It's so tough to predict the outcome of these matchups based on basketball factors alone that Warren Buffet offered a billion dollars to anyone who filled out a perfectly correct bracket prior to the tipoff of the tournament — and already all those brackets have been busted.
But if the brackets are filled out based on real estate investing metrics, the outcome of each matchup becomes much easier to predict. Real estate when done right, after all, is much more science than sport.