HomeGain Releases 1st Quarter 2011 Pennsylvania Home Values Survey Results

Posted by: Louis Cammarosano on May 20th, 2011

Forty-five percent of Pennsylvania real estate professionals expect home prices to fall over the next six months;forty five percent expect them to stay the same

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, the Massachusetts first quarter 2011 home values survey data, the Arizona first quarter 2011 home prices survey data, the Georgia first quarter 2011 home values survey data and the Colorado 1st quarter 2011 home values survey data.

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Today we are releasing the Pennsylvania home prices survey.

Set forth below is the first quarter 2011 real estate professional and home owner Pennsylvania 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?

Question 1:

Question 2. On average, what do your homeowner clients believe that their home is worth?

Question 3. How do your home buyer clients feel that homes for sale are priced?

Question 4. What is the average difference in price between what sellers believe their home to be worth and the amount at which you eventually list the house?

Question 5. What is the average difference in price between what the home is listed at and what the home sells for?

Question 6:


Question 7. What percent of homes in your area are foreclosures?

Question 8. What is the average home price in your area?

Question 9:


Question 10:

Check Home Prices in Pennsylvania cities on HomeGain.com:
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One Response on “HomeGain Releases 1st Quarter 2011 Pennsylvania Home Values Survey Results”

Eugene Real Estate

I don’t think that we will see as much of a decrease in home prices this summer. People are starting to catch on that homes are becoming more affordable and rates are not going any lower.

http://www.EugeneFineHomes.com

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