ZESTIMATES AND THE LONG BEACH ISLAND NJ REAL ESTATE MARKET

Dated: 06/05/2014

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LBI REAL ESTATE ZESTIMATES

Long Beach Island Real Estate and  Zestimates

More than 95% of home buyers now begin their search online. On Long Beach Island, this number is probably closer to 100% since the LBI real estate market is mostly second homes. This has led to an increase in the popularity of nation-wide real estate websites such as Trulia, Realtor.com and Zillow.com. A very popular feature of these websites is the ability to enter an address and have an estimated value pop up! The most popular of these services is Zillow’s Zestimate. A Zestimate allows a home buyer or seller to get a third party opinion of a home’s value. This is very useful for most real estate markets however LBI Real Estate Zestimates are notoriously inaccurate. This inaccuracy can lead to false expectations when buying or selling a home in the LBI real estate market.Click here to search all homes for sale in the Long Beach Island NJ real estate market

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