Last week, HomeGain, the first web site to provide free online instant home valuations, released the national and regional results of our survey of 1,150 former and current HomeGain members. We asked their opinions on home prices and of President Obama’s performance as President. On this blog we published the national and regional 2nd Qtr results.

In the past two weeks we published the results of the California home prices, Texas home prices, Florida home prices, New York home prices, New Jersey home prices, Illinois home prices, Georgia home prices,  Arizona home prices, North Carolina home prices, Virginia home prices,  Washington home prices, and Massachusetts home prices surveys.

Today we release the Colorado home prices survey results.

Set forth below are the Colorado home values survey results with the national data in parenthesis:

Last week, HomeGain released the national and regional results of a survey of more than 1,150 current and former HomeGain members. 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 national and regional 2nd Qtr results. 

 Earlier this week we published the results of the California home prices, Texas home prices, Florida home prices, New York home prices, New Jersey home prices, Illinois home prices, Georgia home prices,  Arizona home prices, North Carolina home prices, Virginia home prices and Washington home prices surveys.

Today we are releasing the Massachusetts home prices survey data.

Unlike home owners in the rest of the country, Massachussetts home owners have not lowered their pricing expectations. Three months ago, according to Massachussets Realtors surveyed, 29% of home owners believed that their homes were worth 10-20% more than the recommended listing price. In the current survey that percentage has risen to 31% (see question 2).

A greater percentage of potential home buyers in Massachussets now believe that homes are overpriced. In the first quarter HomeGain Realtor home prices survey 29% of home buyers thought home prices were over valued by 10-20%. In the current survey that percentage has risen to 35%. Three months ago 36% of Massachussets home buyers thought homes were fairly priced in their state vs. 31% who now believe so according to the current survey. (see question 3)

In the first quarter survey, 71% of Massachusetts Realtors believed that home prices would decline in the next six month. The current survey shows a decided shift in sentiment with only 35% of Massachusetts Realtors thinking that home prices will decline in the next six months and 58% believing they will stay the same.

Sixty-five pecent of Massachusetts Realtors somewhat approve or strongly approve of Obama’s performance as President vs. 57% of Realtors nationwide.

Set forth below is the Massachusetts home prices survey results with the national data in parenthesis: