Last month, 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 2,200 home owners. he survey asked their opinions on home prices, what they thought of President Obama’s performance as President, and who they would vote for if the Presidential election were to take place today. 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.
Earlier today we released the California 3rd quarter 2011 home values survey data. We will be releasing the Florida, Texas, New York, New Jersey, Illinois, North Carolina, Massachusetts, Georgia, Washington, Pennsylvania Arizona, Colorado, and Nevada survey data soon.
Today we are also releasing the Virginia home prices survey results today.
Set forth below is the third quarter 2011 real estate professional and home owner Virginia home prices survey data along with the second 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):
- Have home prices increased, decreased or stayed the same in the last year?
- On average, what do homeowners believe that their home is worth?
- How do buyers feel that homes for sale are priced?
- 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?
- What is the average difference in price between what a home is listed at and what a home sells for?
- In the next six months, will the values of homes in your market increase, decrease or stay the same?
- What percentage of homes for sale are foreclosures in your area?
- What is the average home price in your area?
- What percentage of your clients are first-time buyers?
- How do you think Barack Obama is performing in his role as President?
- If the Presidential election were today, who would you select for President?
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 7. What percent of homes in your area are foreclosures?
Question 8. What is the average home price in your area?
See National and Regional Survey Results
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Search Virginia Beach real estate
View Virginia homes for sale.
Find U.S. homes for sale and search U.S. real estate
Wow, those are some discouraging numbers. I’m hoping they are wrong even if they seem fairly accurate. The economy at least seems to be trending up and consumer spending is obviously elevated right now. We shall see what 2012 brings.
December 27th, 2011 at 8:43 pm