Archive for October, 2012

HomeGain Releases 3rd Quarter 2012 Arizona Home Values Survey Results

Eighty-six percent of Arizona real estate professionals expect home values to increase or stay the same in the next six months; Thirty-four percent of homeowners expect home values to stay the same in the next six months

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over of over 300 HomeGain current and former members and more than 2,200 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 3rd quarter 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

We’ve already released the third quarter 2012 California home values survey and third quarter 2012 Florida home values survey data, and the third quarter 2012 Texas home values survey data. Today we are releasing the Arizona home values survey data. In the coming days we will be releasing home values survey data from Washington and other states.

See all past Arizona home values surveys.

Set forth below is the third quarter 2012 real estate professional and home owner Arizona home prices survey data along with the second quarter 2012 real estate professional survey data and the third 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 18th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 3rd Quarter 2012 Texas Home Values Survey Results

Ninety percent of Texas real estate professionals expect home values to increase or stay the same in the next six months; Forty-five percent of homeowners expect home values to stay the same in the next six months

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over of over 300 HomeGain current and former members and more than 2,200 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 3rd quarter 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

We’ve already released the third quarter 2012 California home values survey and third quarter 2012 Florida home values survey data. Today we are releasing the Texas home values survey data. In the coming days we will be releasing home values survey data from Arizona and other states.

See all past Texas home values surveys.

Set forth below is the third quarter 2012 real estate professional and home owner Texas home prices survey data along with the second quarter 2012 real estate professional survey data and the third 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 16th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 3rd Quarter 2012 Florida Home Values Survey Results

Fifty-nine percent of Florida real estate professionals think home prices will increase over the next six months; Forty-four percent of homeowners think home prices will stay the same

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over of over 300 HomeGain current and former members and more than 2,200 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 3rd quarter 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

Earlier we released the California home values survey data. Today we are releasing the Florida home values survey data. In the coming days we will be releasing home values survey data from Texas, Arizona and other states.

See all past Florida home values surveys.

Set forth below is the second quarter 2012 real estate professional and home owner Florida home prices survey data along with the first quarter 2012 real estate professional survey data and the second 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 11th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 3rd Quarter 2012 California Home Values Survey Results

Seventy-eight percent of California real estate professionals expect home prices to increase in the coming six months; up 11 percent from last quarter

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over 300 HomeGain current and former members and more than 2,200 home owners. The survey asked their opinions on home prices, what they thought of President Obama’s performance as President, and who they would vote for if the Presidential election were to take place today. On this real estate blog we published the 3rd quarter 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

Today we are releasing the California home values survey data. In the coming days we will be releasing home values survey data from Texas, Florida and other states.

See all past California home values surveys.

Set forth below is the third quarter 2012 real estate professional and home owner California home prices survey data along with the second quarter 2012 real estate professional survey data and the second third 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 9th, 2012 under Home Prices, Home Values, Home Values Surveys

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Real Estate 360 Live With Louis Cammarosano 9/24/12

On Monday September 24, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (14:28)

Ryan and Louis discuss the potential impacts of QE3.

Louis notes that QE3 was masked as a program to create jobs. Louis notes that if they wanted to create jobs for $40 billion a month that they will spend on QE3, they could create 10 million $50K a year make work jobs.

Louis calls the type of economy that the Fed wants to create is one where wealth is created by people moving and out of homes-the musical chairs economy.

Louis notes that QE3 is designed to encourage people to borrow money to buy houses or to discourage savings so people put money into the stock market.

Louis notes that low interest rates help governments to keep their borrowing rates low and also in the hope that low interest rates will help them inflate their way out of their debts.

Louis notes that the housing market should be reflective of the strength of the economy not the driver of the economy.

Louis notes that there does not seem to be a focus on substantive issues in the Presidential campaign.

Louis notes that a Fed President is already talking about adding US Treasuries to their purchases. Louis predicts that if the stock market crashed, the Fed might even buy stocks.

Ryan uses the analogy that the Fed is the Wizard of Oz. Louis makes the analogy of feed the squirrels in the park, as it gives the squirrels a false signal that they can reproduce and that there will be enough food for all.

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Posted by: Louis Cammarosano on October 5th, 2012 under Louis Cammarosano on Real Estate Radio

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Electricity-Dependent: Don’t Be Caught in the Dark

You’re sitting here reading this article on your computer, while your television plays in the background, sipping the hot coffee you just grabbed from your coffeemaker… and then, without warning, the power goes out. In our lifetimes, we will be subjected to power outages, whether they’re from a natural disaster or a rolling blackout. (People living on the East Coast can attest to this, after struggling, some as long as a week, with a power loss from storms this summer.) Technology has allowed us to innovate and build everything smaller, faster, and at a lower cost, but it’s still susceptible to nature’s whims.

New products enter the market almost every day to meet a perceived need while, at the same time, making us more and more dependent upon electrical power. If you think about it, even the cordless phones you use in your home need electricity to work.

As this demand for electricity has grown, it has put more stress on the production, transmission, and distribution of power in the United States. Weather isn’t the only threat to your electrical well-being; cyber terrorism is a real and present threat to the power system. Also, as the need for power continues to exponentially increase, the power grid itself runs the risk of equipment failures or human error.

When the power goes out, you never know when it will be up and running again. Depending upon the severity of what caused it to go out to begin with, you may be out of power for days or even weeks. In the case of a power outage, here are five steps you and your family can take to be prepared:

1. Take a good look around.

You need to take stock of all of the items in your home that use power that you couldn’t live without. Is it the furnace, air conditioner, well for water, refrigerator, or even an oxygen machine that you need on a daily basis to survive? In addition to the big picture, look at the small appliances around your house that require power: your alarm clock, water heater, cell phone, landline, and radio.

2. Place a value on your food.

Consider the items in your refrigerator and freezer, as well as how long these appliances will be able to keep perishable items cold. You should have a supply of nonperishable food that will ideally last you a week or more. Did you know a grocery store typically has only three days’ worth of items on its shelves? If they aren’t able to restock their shelves, where does that leave you?

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Posted by: Guest Contributor on October 5th, 2012 under Guest Bloggers

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