Archive for May, 2011

HomeGain Releases 1st Quarter 2011 Arizona Home Values Survey Results

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

Last month, HomeGain, one of the first companies to provide free instant home valuations online, released the results of our first quarter 2011 nationwide home values survey of over 750 HomeGain current and former members and 1600 home owners. The survey asked their opinions on home prices and what they thought of President Obama’s performance as President. On this real estate blog we published the 1st quarter 2011 national results as well as the complete 1st quarter 2011 regional results, including commentary from real estate agents and brokers.Earlier this month we released the  California 1st quarter 2011 home values survey data and the Florida 1st quarter 2011 home values survey data, the 1st quarter 2011 Texas home prices survey data , the 1st quarter 2011 New York home prices survey data, the first quarter 2011 New Jersey home values survey data, the Illinois first quarter 2011 home values survey dataVirginia first quarter 2011 home prices survey data the North Carolina first quarter 2011 home values survey data and the Massachusetts first quarter 2011 home values survey data. In the coming days we will be releasing home values survey data from  Colorado, Georgia, Nevada, Pennsylvania and other states.

Today we are also releasing the  Arizona home values survey.

Set forth below is the first quarter 2011 real estate professional and home owner  Arizona home prices survey data along with the fourth  quarter 2010 real estate professional survey data and the first quarter 2011 national home prices survey data: (click 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 May 14th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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Paint the World Green

In contemplating content for this article I pondered a while on the power of one. One idea, one person, one small step, one action, one will and the effects those things can have on the world – ONE-DERFUL.

We hear many stories over the centuries of people who believed so passionately and spoke so strongly about an issue that they were able to raise the awareness of the social consciousness until everyone cared enough to help make strategic changes of significant proportion to help make the world a better place. Now the power of one is making a huge difference again. This time not only will it change the world but its goal is to save it.

For decades groups of concerned people have been scoffed at as “tree huggers” or activists are finally having their day.

People in general are waking up and noticing that the latest environmental movement starts with them; they are taking notice and more importantly starting to care enough to do something to help, however small the action may be.

I am of course talking about the power of the GREEN movement. There is a growing belief by many that we as an individual power of one can make changes to our day to day environment at home, at work and at play which will contribute significantly to this universal quest of saving the planet and its resources to ensure the sustainability of the earth for generations to follow. Pretty powerful! I believe the power of Al Gore movie “An Inconvenient Truth” can really help raise the social consciousness.

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Posted by: Christine Rae on May 13th, 2011 under Green Real Estate

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HomeGain Releases 1st Quarter 2011 Massachusetts Home Values Survey Results

Sixty-two  percent of Massachusetts real estate professionals and homeowners think that home prices will stay the same over the next six months

Last month, HomeGain,one of  the first companies to provide free instant home valuations online, released the results of our first quarter 2011 nationwide home values survey of over 750 HomeGain current and former members and 1600 home owners. The survey asked their opinions on home prices and what they thought of President Obama’s performance as President. On this real estate blog we published the 1st quarter 2011 national results as well as the complete 1st quarter 2011 regional results, including commentary from real estate agents and brokers.Earlier this month we released the  California 1st quarter 2011 home values survey data and the Florida 1st quarter 2011 home values survey data, the 1st quarter 2011 Texas home prices survey data , the 1st quarter 2011 New York home prices survey data, the first quarter 2011 New Jersey home values survey data, the Illinois first quarter 2011 home values survey dataVirginia first quarter 2011 home prices survey data and the North Carolina first quarter 2011 home values survey data.    In the coming days we will be releasing home values survey data from  Arizona, Colorado, Georgia, Nevada, Pennsylvania and other states.

Today we are releasing the Massachusetts home prices survey.

Set forth below is the first quarter 2011 real estate professional and home owner  Massachusetts home prices survey data along with the fourth  quarter 2010 real estate professional survey data and the first quarter 2011 national home prices survey data: (click on each question to see complete results):

boston-holidays

  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 May 4th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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Real Estate Radio with Louis Cammarosano 4/25/11

On Monday April 25, 2011, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate Radio show on The Big Talker 1580 AM, hosted by Ryan Sloper.

Listen to highlights of the show!

Part 1  (24:46)

Ryan and Louis discuss the upcoming Fed meeting and press conference;Louis thinks the new transparency will provide useful soundbites for fed detractors in the future; who will buy US treasuries when QE2 ends? will there be a failed auction? what will happen to interest rates? Louis discusses runaway monetary and fiscal policies; is the rise in oil prices caused by speculation? what about the rise in other commodities, are those increases caused by speculation? isn’t the real speculation in the US dollar? the demand for silver as a hedge against inflation; the impact of the Chinese and Indians on the price of silver; the value of a low interest loan used to purchase a home; why renting in an inflationary environment  may be risky;are government jobs in D.C. a sure bet? Ryan and Louis discuss the levels of “productivity” of employees in the Department of Energy and Department of Education; the lack of a change in debate regarding the existence of the Federal Reserve and what the Federal government should or should not do; Ryan and Louis disagree on the best profile for a potential US President; discuss career politicians and their reliance on academia for economic advice- and get Keynesian counterfeiting advice; Rand Paul; how US Presidents are generally out of touch on consumer item prices; Donald Trump; Ryan reviews the week’s economic data; the fallacy of  why a weak dollar is good for the U.S.; why the Fed is in a bind; why the Fed will continue to kick the can down the road; Louis provides the HomeGain 1st quarter 2011 Virginia  home values survey results and the HomeGain1st quarter 2011 national home values survey results.

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Posted by: Louis Cammarosano on May 2nd, 2011 under HomeGain, HomeGain on Real Estate Radio, Louis Cammarosano on Real Estate Radio

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Real Estate Radio with Louis Cammarosano 4/18/11

On Monday April 18, 2011, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate Radio show on The Big Talker 1580 AM, hosted by Ryan Sloper.

Listen to highlights of the show!

Part 1  (23:58)

Ryan and Louis review the economic events of the week that  impact the real estate market; corporate earnings update; direction of interest rates (30 year fix at 4.75%-5.00%); the financial results of the banking companies; the tax that  banks pay or don’t pay; unemployment filings up unexpectedly;inflation rate and mortgage rates-Consumer Price Index up to 2.7%  the largest12 month  jump since December 2009; The inflation rate rose 1.2% when the core core inflation data (food and energy) is stripped out; Gas jumped 5.6% in a month and 27.5% over a year ago, food up .8% the most since July 2008;a discussion of the fallacy that the core inflation data can be dismissed as not an accurate indicator of inflation; if there is a lack in consumer demand will oil prices decline? not if the dollar declines!; University of Texas fund manager takes physical delivery of $1 billion in gold; a discussion of reckless fiscal and monetary policy; what happens when QE2 expires? who will buy US treasuries? will the Fed raise rates dramatically? will Congress make significant cuts? Is there an alternative currency to the dollar? S&P downgrades the US debt; no entity on earth can sustain a $14 trillion debt burden; the problem that the US faces if it has to raise rates-its debt service costs will increase; what impact will an interest rate rise have home prices; how inflation helps the homeowner if the homeowner has a fixed rate mortgage vs. renters who may face rent hikes in an inflationary environment; selling gold and silver for real estate at some point in the future; no asset class is always worth holding;regulators close more banks -34 this year so far.

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Posted by: Louis Cammarosano on May 1st, 2011 under HomeGain, HomeGain on Real Estate Radio, Louis Cammarosano on Real Estate Radio

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