Posts Tagged ‘ arizona presidential poll ’

HomeGain Releases 1st Quarter 2011 Arizona Home Values Survey Results

Forty-four percent of Arizona Real Estate Professionals think home prices will decrease or stay the same over the next six months

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 and the Massachusetts first quarter 2011 home values survey data. In the coming days we will be releasing home values survey data from  Colorado, Georgia, Nevada, Pennsylvania and other states.

Today we are also releasing the  Arizona home values survey.

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

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Posted by: Louis Cammarosano on May 14th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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HomeGain Releases 2nd Quarter 2010 Arizona Home Prices Survey Results

In July, HomeGain, one of the first companies to provide free instant home valuations onlinereleased the second quarter results of our nationwide survey of over 3500 home owners and 900 current and former HomeGain members. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On the HomeGain blog we published the complete 2nd quarter 2010 national results as well as the complete 2nd quarter 2010 regional results, including commentary from real estate professionals.

Recently, we published the results of the 2nd  quarter 2010 Texas home prices survey, Florida home prices survey , California home prices survey, New York home prices survey, New Jersey home prices survey, Illinois home prices survey, Georgia home prices survey, North Carolina home prices survey, Massachusetts home prices surveyVirginia home prices survey, Colorado home prices surveyNevada home prices survey, Washington home prices survey, Maryland home prices survey, Michigan home prices survey Ohio home prices survey and Pennsylvania home prices survey results.

Today we are also releasing the results of the second quarter 2010  Arizona home values survey.

Arizona has experienced some of the greatest depreciation in home prices in recent years. The values of Phoenix homes for sale have fallen fifty percent since 2006. Conditions in Arizona appear to be stabilizing. In the 2nd quarter 2009 survey 61% of Arizona agents and brokers thought home prices in their state would decrease vs. 16% in 4th quarter 2009 Arizona home prices survey. In the current survey 31% of Arizona agents and brokers believe home prices will decrease over the next six months vs 26% who thought so in the first quarter 2010 Arizona home prices survey.

According to our 2009 2nd quarter Arizona home prices survey, 24% of Arizona Realtors expected home prices to increase in the next six months vs. just 11% of Realtors who expected an increase in home values in the first quarter 2009 survey. Twenty-eight percent of Arizona Realtors surveyed in the 2009 third and fourth quarter surveys expected home prices to rise in the next six months. Forty-seven percent of Arizona agents and brokers expected prices to remain the same in the 2009 Arizona third quarter home prices survey and 56% believed home prices would stay the same in the 2009 fourth quarter survey.

In the current survey 52% of Arizona real estate professionals expect home prices to stay the same over the next six month and 17% expect them to increase. (see question 6)

Forty-one percent of Arizona home buyers believe that homes are fairly priced vs. 44% who thought so in the first quarter of 2010 vs.  51% who so believed in the fourth quarter of 2009, vs. 39% in the third quarter and 23% in the second quarter of 2009. Fifteen percent of Arizona home buyers believed that homes were 10-20% overpriced in the first quarter of 2010 vs. 13 % who so believed in the fourth quarter of 2009. In the current survey 21% of Arizona agents and brokers believe homes are over priced by 10-20%. (see question 3)

While Arizona home buyers think home prices are becoming more reasonable, Arizona home sellers continue to believe their homes should be priced higher than their Realtors’ recommended listing price. In the first quarter 2010 survey, 45% of Arizona home sellers beleived that their homes should be priced 10-20% higher than their Realtors’ recommended listing prices vs.  46% in the fourth quarter of 2009 down slightly from 50% who so believed in the third quarter of 2009. Forty-five percent of Arizona home sellers in the current survey continue to believe their homes should be priced 10-20% higher (see question 2).

Arizona agents and brokers continue to give the President poor marks with 76% disapproving his performance as President up from 72% in the first quarter of 2010 and up slightly from 71% who disapproved of the President’s performance in the fourth quarter of 2009. Sixty-four percent disapproved of Obama’s performance as President in the third quarter with 58% “strongly disapproving”. In the current survey 62% of Arizona real estate professionals “strongly disapproved of Obama’s performance. The President fared slightly better with surveyed Arizona home owners with 70% disapproving of his performance and 50% “strongly disapproving”. (see question 10)

Set forth below are the agents and brokers second quarter 2009 and 2010 Arizona and the national second quarter 2010 data. Also set forth below for selected questions is the Arizona home owner response data for the second quarter of 2010. 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?

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Posted by: Louis Cammarosano on August 18th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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