A real estate information system and method is disclosed wherein a portable electronic device is enabled with moving map GPS refined to enable the identification of individual properties. The present invention seamlessly combines and integrates moving map GPS technology with a database supplemented to include location and address information for identifying real estate properties. The invention further includes wireless communications specifically configured for obtaining property-specific MLS information, and other related data compiled and maintained by third parties. A portable electronic device, such as a portable computing device, or vehicle navigational apparatus is enabled with integrated GPS and wireless communications technology specifically adapted for identifying specific properties and displaying corresponding property related data and information electronically accessed from remote sources via wireless communications. The system thus provides a GPS enabled PED for use in the field by brokers, and market participants, to identify and evaluate properties.