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HomeGain Year End 2008 Sales Report

Home Sales Results by MSA For AgentEvaluator Subscribers

2009

As the country ushered in the 2009 New Year, all of us eagerly anticipated the swearing in of the new administration, hoping for nothing short of a miracle for the real estate, and other, markets. 

Well, it is a “New Day” in Washington and there’s more activity in DC these days than Dorothy’s tornado touching down in central Kansas.

Hopefully, the swirl of activity turns out to be generally positive, and sends nothing but good vibes through the various economic sectors. Only time will tell. 

Looking Back

2008 was a successful year for HomeGain customers, both home buyers and home sellers, as well as our member agents.

Tens of thousands of home sellers and home buyers visited HomeGain during 2008 and completed requests to Find a Realtor to help them with their real estate needs.

In what cities did many of those consumers end up transacting with a HomeGain agent?  We tabulate sales closed by HomeGain buyers and sellers and report by major Metropolitan Statistical Areas.

And here are the top ten areas for both home buyers and home sellers where HomeGain consumers closed sales during calendar year 2008.

The top 10 MSA’s are:

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Posted by: Peggy Boehm on February 11th, 2009 under HomeGain

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Uncertain Times Pending the Presidential Election

The HomeGain Advisors Group met last Thursday for its 4th quarter Web conference. The Advisors Group is comprised of real estate agents and brokers from across the country, many of whom have partnered with HomeGain since 1999.

 

The overall consensus of the Advisors during the discussion is that these are undoubtedly very uncertain times, and the majority of them don’t expect any change in the pace of real estate sales until the 2008 presidential election is over.

 

In fact, the current thinking is it doesn’t seem to matter which way the election will go.  What matters is that it just needs to happen and we need to get it behind us and move on.

 

When asked by HomeGain General Manager Louis Cammarosano what effect the election is having on the real estate market, Mike Kollar, who works in the Seattle, WA, area, said, “my mantra is we need this election to be over”. In his opinion, it’s not unusual for an election to cause such uncertainty in a market.

 

Bill Eiseman in Virginia Beach, VA, chimed in, saying, “I see a lot of people just waiting it out.  I prospect on the phone and people are waiting to see what will happen after the election and the 1st of the year. The mindset is 2009 is going to be better!”

 

The sense of most of the Advisors is that both home buyers and sellers are sitting on the sidelines, even more now so since the stock market mess became the big story three to four weeks ago.

 

The Advisors continue to be optimistic despite the turbulent economic times. Continue reading this post

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Posted by: Peggy Boehm on October 27th, 2008 under HomeGain

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HomeGain 2008 3rd Quarter Home Sales Report

Home Sales Results by MSA For AgentEvaluator™ Agents

As we wrap up one of the most heated presidential campaigns in recent times this month and constituents everywhere head to the polls on November 4th, voters in towns all over America, worried about the troubled economy, have a major concern.

That is, they still need to provide a roof over their heads for their families, either as a homeowner, renter, or perhaps by residing with family.

 

Even as we are saturated with doom and gloom in the media and falling home prices , things do not change. Life goes on regardless of the turbulent economy and current housing crisis.

 

As Realtors, we are here to help serve people with that need, and our help is perhaps required more than ever in these challenging times.

 

There is still plenty of activity out there in the market, albeit more “tire kickers” than you’ll find in a normal, balanced market. Real estate agents tell me home buyers’ and sellers’ expectations are slowly adjusting to the market in many areas.

 

Listed here are the top 10 areas for both home buyers and home sellers where HomeGain consumers closed sales during the first three quarters of 2008.

 


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Posted by: Peggy Boehm on October 9th, 2008 under HomeGain Market Data

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Announcing the 2008-2009 HomeGain Advisors

We’re pleased to announce our 2008-2009 Advisors Group and welcome our latest member, Mike Farmer.

Over the past year, since the Advisors group was initiated, we have received invaluable insight into our real estate products. By continuing to meet with this influential group of agents and brokers, we will be further enabled to focus on bringing improved customer service as well as enhancements to our marketing solutions that we provide to other real estate professionals.

Advisors have also recognized the exclusive group as an opportunity to network with each other, brainstorm and strategize.

As the 13th member of the HomeGain Advisors Group, Mike will join the original 12 members from the 2007-2008 Advisors, which includes: Continue reading this post

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Posted by: Peggy Boehm on September 5th, 2008 under HomeGain

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HomeGain 2008 Mid-Year Home Sales Report

Home Sales Results by MSA For AgentEvaluator Agents

It’s been tough sledding for real estate sales in most areas of the country this year, as we are in the midst of summer heat waves, firestorms in California and hurricanes in the Gulf Coast.

For our member agents who use the HomeGain AgentEvaluator program to help consumers “Find A Realtor” online, mid-year home sales results are in.

Even though real estate sales continue a downward cycle in most pockets of the country, our reports show that many real estate agents are, in fact, still closing deals and making home sales happen successfully for their clients.

Where exactly are these consumers buying and selling?

We tabulate sales closed by HomeGain buyers and sellers and report by major Metropolitan Statistical Areas.

Listed below are the top 10 cities and metropolitan areas for home buyers and home sellers where HomeGain consumers closed sales during the first half of 2008, as well as the top areas for Q2 (which we can compare to Q1 areas in my blog post earlier in the year).

New this month on the Top 10 list are previously unranked cities that moved up in Q2 are Denver-Boulder-Greeley, CO, coming in at #7, and Phoenix-Mesa, AZ, coming in at #10.

San Francisco-Oakland-San Jose, CA and Detroit-Ann Arbor-Flint, MI, which ranked in the Top 10 for the First Quarter, fell off the list in the Second Quarter. Continue reading this post

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Posted by: Peggy Boehm on July 23rd, 2008 under HomeGain Market Data

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HomeGain First Quarter 2008 Home Sales Report by MSA – Part II

Last week, I posted an article in which we named the Top Ten MSA’s in the country where HomeGain buyers and sellers transacted in the First Quarter of 2008.

I included feedback on current market conditions in the Top Five areas from our top performing agents who closed those sales. Now, here is the latest information on the MSA’s ranked 6 through 10.

Again, a common theme among our member agents to working successfully in challenging markets is to educate our clients and, as Heidi Mueller says, to “manage expectations of the home sellers and buyers.”

Please feel free to join in and post comments about your local market conditions.
And the cities are… Continue reading this post

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Posted by: Peggy Boehm on April 18th, 2008 under AgentEvaluator, HomeGain Market Data

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