How is my Neighborhood Doing? Real Estate Value in Hudson County
The rise of Zillow in popularity, in my humble opinion, has everything to do with providing readily available information to the public at large, however reliable or unreliable that information is, it is most importantly accessible. Realtors used to be the only gateway to this kind of information. Zillow made one important contribution. it leveled the playground by introducing a portal to information everyone should have access to.
Since nothing is standing still in the world of technology, we can acknowledge this contribution and leap a head. The Neighborhood Snapshot app is an interface that does exactly that. The snapshot feeds off of a far more accurate data source than tax records, used by the leading information providers, the MLS (Multiple Listing System) itself.
So what is the difference? Well, the MLS is the ultimate source of information used by the professionals to establish market value of any property. It is the very basis of the Competitive Market Analysis (CMA) Realtors conduct before listing a property, or as reference info for buyers. Tax records are considered inaccurate as they include transfers other than "arms length" sales of property. For example if a mother wishes to transfer a property to their son, this transaction would get thrown into the mix and greatly effect the average prices.
The interface we provide can be used in the following manner:
- By sellers wishing to evaluate the comparative values of properties similar to theirs.
- By buyers wishing to evaluate the neighborhood they plan to move to in terms of values and other statistics.
- By Anyone wishing to evaluate the state of the local real estate for themselves.
To use it simply go to http://www.HudsonCountyRecords.com