Archive for October, 2010

HomeGain Releases 3rd Quarter 2010 Michigan Home Values Survey Results

In September, HomeGain,one of  the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1,100 HomeGain current and former members and 2,600 homeowners. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On this blog we published the 3rd quarter 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Earlier, we released the results of the  3rd quarter 2010 California home prices survey,  the 3rd quarter 2010 Texas home values survey, the 3rd quarter 2010 Florida home values survey, the 3rd quarter 2010 New York home values survey, the 3rd quarter 2010 New Jersey home values survey , the 3rd quarter 2010 Illinois home prices survey the 3rd quarter 2010 North Carolina home values survey the 3rd quarter 2010 Ohio home values survey and the 3rd quarter 2101 Nevada home values survey.  In the coming days we will be releasing home values survey data from Virginia, Colorado, Georgia, Pennsylvania, Massachusetts and other states.

Today we are releasing the Michigan home values survey results.

Set forth below is the third quarter 2010 real estate professional and homeowner Nevada home prices survey data along with the 2nd quarter 2009 and 2010 real estate professional survey data along with the third quarter 2010 national home prices survey dataClick on each question to see complete results:

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on October 22nd, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 3rd Quarter 2010 Nevada Home Values Survey Results

Last month, HomeGain, one of the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1,100 HomeGain current and former members and 2,600 homeowners. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On this blog we published the 3rd quarter 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Earlier we released the results of the  3rd quarter 2010 California home prices survey,  the 3rd quarter 2010 Texas home values survey, the 3rd quarter 2010 Florida home values survey, the 3rd quarter 2010 New York home values survey, the 3rd quarter 2010 New Jersey home values survey , the 3rd quarter 2010 Illinois home prices survey the 3rd quarter 2010 North Carolina home values survey and the 3rd quarter 2010 Ohio home values survey.  In the coming days we will be releasing home values survey data from  Arizona, Virginia, Colorado, Georgia, Pennsylvania, Massachusetts and other states.

nevada_edit

Today we are releasing the Nevada home prices survey results.

Set forth below is the third quarter 2010 real estate professional and homeowner Nevada home prices survey data along with the 2nd quarter 2009 and 2010 real estate professional survey data along with the third quarter 2010 national home prices survey dataClick on each question to see complete results:

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on October 20th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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BBB Reports HomeGain Still Delivering A+ Customer Care

We received another postcard from from the Better Business Bureau (BBB) letting us know that 1,081 people inquired about HomeGain.com in May, June, July and August 2010. The BBB states that it is “pleased to tell them that HomeGain.com is rated A+” in customer service and in business practices.

HomeGain is dedicated to continuing to provide its real estate professional customers with the best customer service possible, and its visiting consumers (home buyers and sellers) with the best possible free services on the internet.

Some recent feedback from real estate agent customers:

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Posted by: Jessica Gopalakrishnan on October 19th, 2010 under HomeGain

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HomeGain Releases 3rd Quarter 2010 Ohio Home Prices Survey Results

ohio

Last month, HomeGain,one of the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1,100 HomeGain current and former members and 2,600 homeowners. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On this blog we published the 3rd quarter 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Earlier we released the results of the  3rd quarter 2010 California home prices survey,  the 3rd quarter 2010 Texas home values survey, the 3rd quarter 2010 Florida home values survey, the 3rd quarter 2010 New York home values survey, the 3rd quarter 2010 New Jersey home values survey,  the 3rd quarter 2010 Illinois home prices survey and the 3rd quarter 2010 North Carolina home prices survey.  In the coming days we will be releasing home values survey data from  Arizona, Virginia, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

Today we are releasing the Ohio home prices survey results.

Set forth below is the third quarter 2010 real estate professional and homeowner Ohio home prices survey data along with the 2nd quarter 2009 and 2010 real estate professional survey data along with the third quarter 2010 national home prices survey dataClick on each question to see complete results:

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on October 19th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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Chasing the Internet Lead

I’ve been online tonight reading a lot of different views on Internet Leads.  I keep hearing and reading the same complaint.  “Internet leads are no good because I don’t want to chase the business.”  “They are never serious buyers.”   “I would rather work on referrals and networking”.

It’s interesting because in some ways, not much as changed since I got into Real Estate back in 2001.  I was told then by everyone, don’t waste your money or time on Internet Leads.  As I look back, all of those real estate agents who told me that either never had more than a half dozen sales per year, or are no longer in business today.

So let’s talk for a minute about what they call “chasing the Internet Lead”.

Firstly, chasing and prospecting can be interchanged.  If you are going to make money in this business, you need to understand that prospecting is a major part of this business, at least for those who are successful.  I recently attended a seminar in Las Vegas that had 4,200 Agents attending.  I had talked to probably 50 Agents that sell between 50 and 150 homes per year.  They all had one thing in common: they all prospect daily.  Therefore, they are successful because of the amount of prospecting they do on a daily basis.

So what does this have to do with Internet Leads? Continue reading this post

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Posted by: Mitch Ribak on October 18th, 2010 under Leads

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HomeGain Releases 3rd Quarter 2010 North Carolina Home Values Survey Results

Half of North Carolina Real Estate Professionals Expect Home Price Declines; Seventy-Four Percent of North Carolina Home Buyers think home are overpriced

Last month, HomeGain, one of the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1,100 HomeGain current and former members and 2,600 homeowners. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On this blog we published the 3rd quarter 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Earlier we released the results of the  3rd quarter 2010 California home prices survey,  the 3rd quarter 2010 Texas home values survey, the 3rd quarter 2010 Florida home values survey, the 3rd quarter 2010 New York home values survey, the 3rd quarter 2010 New Jersey home values survey and the 3rd quarter 2010 Illinois home prices survey. In the coming days we will be releasing home values survey data from  Arizona, Virginia, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

Today we are releasing the North Carolina home prices survey results.

According to our home values survey, North Carolina homeowners have decreased their pricing expectations over last year. They continue to believe their homes are worth more than their Realtors’ recommended listing price. According to the third quarter 2009 North Carolina home prices survey, 32% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage decreased to 25% in the current survey down from 39% in the second quarter of 2010. Seventy-seven percent of North Carolina home owners now believe that their homes should be priced higher than the Realtor recommended listing price down from 90% a year ago and 81% in the second quarter. (see question 2).

Seventy-four of North Carolina buyers believe that homes are over priced with just 18% thinking that they are fairly priced. Eighty-three percent of North Carolina home buyers thought homes were over priced in the second quarter of 2010 and 17% thought they were fairly priced.   Thirty-nine percent of home buyers in the Tar Heel State currently believe homes are over priced by 10-20%. (See question 3)

Fifty-two percent of North Carolina real estate professionals believe that think home prices will decrease vs. 38% who so believed in the second quarter of 2010 and vs. 32% who so believed a year ago. Surveyed North Carolina homeowners were less pessimistic on the direction of home values with only 29% thinking that home prices would fall in the next six months and 50% thinking they would stay the same. (see question 6)

Eighty-one percent of North Carolina real estate professionals surveyed disapproved of Obama’s performance as President with 57% “strongly disapproving”. In the second quarter of 2010 84% of North Carolina real estate professionals disapproved of Obama’s performance. In the third quarter of 2009 62% of North Carolina agents and brokers disapproved of Obama’s performance. North Carolina’s real estate professionals rated President Obama’s lower than any state in the nation. North Carolina home owners rated the President better with 54% disapproving of the President’s performance. (see question 10)

Set forth below is the third quarter 2010 real estate professional and homeowner North Carolina home prices survey data along with the 2nd quarter 2009 and 2010 real estate professional survey data along with the third quarter 2010 national home prices survey dataClick on each question to see complete results:

  1. Have home prices increased, decreased or stayed the same in the last year?
  2. On average, what do homeowners believe that their home is worth?
  3. How do buyers feel that homes for sale are priced?
  4. What is the average difference in price between what sellers believe their home to be worth and the amount at which the home gets listed?
  5. What is the average difference in price between what a home is listed at and what a home sells for?
  6. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  7. What percentage of homes for sale are foreclosures in your area?
  8. What is the average home price in your area?
  9. What percentage of your clients are first-time buyers?
  10. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on October 17th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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