Archive for February, 2011

HomeGain Releases 4th Quarter 2010 Arizona Home Values Survey

Forty-four percent of Arizona Real Estate Professionals think home prices will decrease over the next six months

At the end of last year, HomeGain,one of  the first companies to provide free instant home valuations online,  released the fourth quarter results of our nationwide home values survey of over 1000 HomeGain current and former members and 2300 home owners.  The HomeGain survey asked their opinions on home prices and what they thought of President Obama’s performance. On this blog we published the 4th quarter 2010 national results as well as the complete 4th quarter  2010 regional results, including commentary from real estate agents and brokers and homeowners.

Today we are also releasing the results of the third quarter 2010 Arizona home values survey.

Set forth below is the fourth quarter 2010 real estate professional and homeowner Arizona home prices survey data along with the 4th quarter 2009 and 2010 real estate professional survey data along with the 4th 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 February 9th, 2011 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 4th Quarter 2010 North Carolina Home Values Survey Results

Fifty-eight percent of North Carolina real estate professionals expect home values to decrease in the coming six months

At the end of last year, HomeGain,one of  the first companies to provide free instant home valuations online,  released the fourth quarter results of our nationwide home values survey of over 1000 HomeGain current and former members and 2300 home owners.  The HomeGain survey asked their opinions on home prices and what they thought of President Obama’s performance. On this blog we published the 4th quarter 2010 national results as well as the complete 4th quarter  2010 regional results, including commentary from real estate agents and brokers and homeowners.

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

Set forth below is the fourth quarter 2010 real estate professional and homeowner North Carolina home prices survey data along with the 4th quarter 2009 and 2010 real estate professional survey data along with the 4th 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 February 9th, 2011 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 4th Quarter 2010 Georgia Home Values Survey Results

Fifty-four percent of Georgia Real Estate Professionals Expect Home Values to Decline over the Next Six Months

At the end of last year, HomeGain, one of  the first companies to provide free instant home valuations online,  released the fourth quarter results of our nationwide home values survey of over 1000 HomeGain current and former members and 2300 home owners.  The HomeGain survey asked their opinions on home prices and what they thought of President Obama’s performance. On this blog we published the 4th quarter 2010 national results as well as the complete 4th quarter  2010 regional results, including commentary from real estate agents and brokers and homeowners.

Today we release the result of the third quarter Georgia home prices survey.

Set forth below is the fourth quarter 2010 real estate professional and homeowner Georgia home prices survey data along with the 4th quarter 2009 and 2010 real estate professional survey data along with the 4th 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 February 9th, 2011 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Realtor, Regional

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Sarasota Real Estate 2010 Update

It depends on whether you were buying or selling in determining if the 2010 Sarasota real estate market was good or not. Buyers are probably very happy as prices have come down and seem to be holding steady in many segments of the market. While most sellers are probably kicking themselves for not selling sooner and for a higher price. What a difference 5 years can make. Like many other parts of the country Sarasota homes and condos were worth so much more in 2005.

From a Realtor’s perspective things were pretty good in 2010. The  Sarasota real estate market is liquid with a good supply of buyers and sellers. If you priced something competitively there was a strong chance the property would sell. Buyers still have plenty to look at and still have the leverage over the sellers. However, the supply of good properties is dropping and the buyers don’t have the control they once had as the market seems to be bottoming and as the inventory is being eaten up.

The chart below shows inventory, sales and pending sales for the last 5 years in Sarasota county.

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Posted by: Marc Rasmussen on February 9th, 2011 under HomeGain

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Knowing Your Numbers

We ended up 2010 with 329 sales and a lead conversion rate of a little over 4.25%. Not bad. I’m excited about this year because I think we will start seeing a rise shortly in business. There seems to be a little bit of confidence out there. I sure hope I’m right.

Every January we get a good amount of new members who want to make changes in their careers. Welcome to all of you who are new! One of the things I think is a MUST, is understanding your numbers. It’s almost impossible grow your business without understanding the numbers.

So what do you need to know? Well in my case, I always want to know my gross number of leads per year. Then of course I look at our total sales. Once I know my sales per leads numbers, I can make adjustments from there.

Let’s look at real numbers:

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Posted by: Mitch Ribak on February 7th, 2011 under Best Practices

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2010 – Your Year In Review

Now that you’ve got a few weeks of 2011 under your belt take a few minutes to look back at your business in 2010. Did you accomplish what you hoped to? Which items are still on your to-do list? Which goals are still ahead of you? It’s important to pause and reflect; recognize your past achievements, and refocus on what lies ahead.

Examine your business in a few different, but measurable ways such as the number of homes you sold or mortgage loans you originated, the number of leads you handled, the amount you earned, and where you stacked up against your peers. Look back at the strategies you tried throughout the year and think about what worked, and what didn’t? Come up with three new ideas to increase your business in 2011 and develop a plan for putting them into action.

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Posted by: Anna Platz on February 4th, 2011 under HomeGain

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