HomeGain Releases 4th Quarter 2011 Regional Home Values Survey Results

Posted by: Louis Cammarosano on December 3rd, 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 4th quarter 2011 home values survey. Questions and Regional Results

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. See Q4 2011 national results

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. See Q4 2011 national results

Question 3:

Overall, the majority of U.S. home buyers in each region of the U.S. think homes for sale are overpriced. See Q4 2011 national results

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. See Q4 2011 national results

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. See Q4 2011 national results

Question 6:

See Q4 2011 national results

Question 7:

See Q4 2011 national results

Question 8:

See Q3 2011 national results

Question 9:

See Q3 2011 national results

Question 10:

Overall, real estate brokers and agents disapprove of the President’s performance. See Q3 2011 national results

Question 11:

See Q3 2011 national results
## *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