On Monday January 7, 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 (15:00)

Louis and Ryan discuss the fiscal cliff deal/ Both had predicted Congress would come up with a plan that would not cut spending.

Louis notes that the Social security withholding went from 4.2 to 6.2% and top rates went up to 39 percent.
Louis notes that both of these while increases are technically not as they come about as a result of letting the prior cuts expire.

Louis notes that the resolution of the fiscal cliff negotiations did not lead to a reduction in the deficit

Louis notes that raising taxes could result in few taxes being collected.

Ryan notes that the mortgage debt forgiveness relief act was extended as part of the fiscal cliff deal.

Louis notes that a lot of new spending and tax breaks were also included in the deal.
Louis notes the bill was 157 pages and passed in three minutes!

Louis notes the dynamic where each Senator and Congressman has an incentive to continue spending.

Louis notes the FOMC minutes that indicated that they might stop buying treasuries. Louis says its “all talk”.

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Sixty-eight percent of Florida real estate professionals and 45 percent of homeowners think home prices will increase over 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 fourth quarter 2012 nationwide home values survey of over of over 200 HomeGain current and former members and more than 1,500 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 4th quarter 2012 national results as well as the complete 4th 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.

See all past Florida home values surveys.

Set forth below is the fourth quarter 2012 real estate professional and homeowner Florida home prices survey data along with the third quarter 2012 real estate professional survey data and the fourth 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?

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Seventy-seven percent of California real estate professionals expect home prices to increase in the coming six months, compared to 40 percent of homeowners

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our fourth quarter 2012 nationwide home values survey of over 200 HomeGain current and former members and more than 1,500 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 4th quarter 2012 national results as well as the complete 4th 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 fourth quarter 2012 real estate professional and home owner California home prices survey data along with the third quarter 2012 real estate professional survey data and the fourth 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?

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Wow, what happened to 2012?

From everyone at HomeGain, we’d like to wish you a very happy new year!