Sixty-four percent of Texas real estate professionals and 62 percent of homeowners expect home values to increase or stay the same in the next six months

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2011 nationwide home values survey of over 500 HomeGain current and former members and more than 2,200 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 3rd quarter 2011 national results as well as the complete 3rd quarter 2011 regional results, including commentary from real estate agents and brokers.

Yesterday we released the California and Virginia home values survey data. Today we are releasing the Texas and Florida home values survey data. In the coming days we will be releasing home values survey data from Illinois, New York, New Jersey, Arizona, Virginia, North Carolina, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

Set forth below is the third quarter 2011 real estate professional and home owner Texas home prices survey data along with the second quarter 2011 real estate professional survey data and the third quarter 2010 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?
11. If the Presidential election were today, who would you select for President?

Question 1:

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

Question 3. How do your homebuyer clients feel that homes 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 for sale in your area are foreclosures?

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

Question 9. In the past three months, how many of your clients were first-time buyers?

Question 10:

Question 11:

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See National and Regional Survey Results

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Louis Cammarosano