HomeGain Releases 3rd Quarter 2011 Regional Home Values Survey Results

Posted by: Louis Cammarosano on September 11th, 2011

Below are the regional results of the entire survey, categorized into four regions*, Northeast, Southeast, Mid-West and West. You can also check out the national results of the HomeGain 2nd quarter 2011 home values survey.
Questions and Regional 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?
  11. If the Presidential election were held today, who would you vote for?

Question 1:

Overall, in each region, the majority of real estate agents and brokers think home values have decreased in value in the past year.

Question 2:

Overall, the majority of agents and brokers in each region of the U.S. indicated that homeowners think their home is worth 10-20% more than the agent or broker recommends.

Question 3:

Overall, the majority of U.S. home buyers in each region of the U.S. think homes for sale are overpriced.

Question 4:

Overall, the majority of agents and brokers in each region of the U.S. indicated that homes are listed 5-10% less than what homeowners think their home is worth.

Question 5:

Overall, the majority of agents and brokers in each region of the U.S. indicated that the home sells for less than 5%-10% of the listing price.
Question 6:

Question 7:

Question 8:

Question 9:

Question 10:

Overall, real estate brokers and agents disapprove of the President’s performance.

Question 11:

*Regions are divided as follows:
  • Northeast: Maine, New Hampshire, Massachusettes, Vermont, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Delaware, Maryland and West Virginia
  • Southeast: Virginia, South Carolina, North Carolina, Georgia, Florida, Alabama, Mississippi and Tennesee
  • Mid-West: Ohio, Indiana, Illinois, Michigan, Wisconsin, Minnesota, Iowa, North Dakota, South Dakota, Nebraska, Wyoming, Colorado, New Mexico, Texas, Oklahoma, Kansas, Louisiana, Arkansas and Missouri
  • West: Alaska, Hawaii, California, Washington, Oregon, Nevada, Arizona, Utah, Idaho and Montana
Find U.S. homes for sale and search U.S. real estate
Get home prices in United States cities:
New York home prices | Chicago home prices | Los Angeles home prices | Houston home prices | Philadelphia home prices | Phoenix home prices | San Antonio home prices | San Diego home prices | Dallas home prices | San Jose home prices | Detroit home prices | Indianapolis home prices | Jacksonville home prices | San Francisco home prices | Austin home prices | Memphis home prices | Baltimore home prices | Fort Worth home prices | Charlotte home prices | El Paso home prices | Milwaukee home prices | Seattle home prices | Boston home prices | Denver home prices | Washington D.C. home prices | Louisville home prices | Nashville home prices | Las Vegas home prices | Oklahoma City home prices | Portland home prices | Tucson home prices | Albuquerque home prices | Atlanta home prices | Long Beach home prices | New Orleans home prices | Kansas City home prices | Mesa home prices | Virginia Beach home prices | Tulsa home prices | Minneapolis home prices | Omaha home prices | Honolulu home prices


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