Posts Tagged ‘ Arizona real estate market ’

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 4th Quarter 2010 Arizona Home Values Survey

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

At the end of last year, HomeGain,one of  the first companies to provide free instant home valuations online,  released the fourth quarter results of our nationwide home values survey of over 1000 HomeGain current and former members and 2300 home owners.  The HomeGain survey asked their opinions on home prices and what they thought of President Obama’s performance. On this blog we published the 4th quarter 2010 national results as well as the complete 4th quarter  2010 regional results, including commentary from real estate agents and brokers and homeowners.

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

Set forth below is the fourth quarter 2010 real estate professional and homeowner Arizona home prices survey data along with the 4th quarter 2009 and 2010 real estate professional survey data along with the 4th quarter 2010 national home prices survey dataClick 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 February 9th, 2011 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 3rd Quarter 2010 Arizona Home Prices Survey Results

Arizona Real Estate Professionals and Homeowners Turn Sour on The Direction of Home Values

Last month, HomeGain, one of the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1,100 HomeGain current and former members and 2,600 homeowners. Our survey asked their opinions on home values and what they thought of President Obama’s performance as President. On this blog we published the 3rd quarter 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Recently, we released the results of the  3rd quarter 2010 California home values survey,  the 3rd quarter 2010 Texas home values survey, the 3rd quarter 2010 Florida home values survey, the 3rd quarter 2010 New York home values survey, the 3rd quarter 2010 New Jersey home values survey , the 3rd quarter 2010 Illinois home values survey the 3rd quarter 2010 North Carolina home values survey the 3rd quarter 2010 Ohio home values survey,  the 3rd quarter 2010 Nevada home values survey, the 3rd quarter 2010 Michigan home values survey the 3rd quarter 2010 Colorado home values survey ,the 3rd quarter 2010 Washington home values survey, the 3rd quarter 2010 Pennsylvania home prices survey and the 3rd quarter 2010 Virginia home values survey .  In the coming days we will be releasing home values survey data from Georgia and Massachusetts.

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

The mood among Arizona real estate professionals has taken a downturn. 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.  In the 2nd quarter 2010 Arizona home prices survey 31% of Arizona agents and brokers thought home prices in their state would decrease. In the current survey 58% of Arizona real estate agents and brokers expect home prices to fall over the next six months. Twenty six percent of Arizona real estate professionals expected home price declines  in the first quarter 2010 Arizona home prices survey.

Arizona home owners were slightly more optimistic on the direction of home prices in the third quarter with 48% expecting home prices to stay the same and 41% expecting them to fall.  Eleven percent of of Arizona home owners expect home values to increase over the next six months vs. 15% of Arizona real estate professionals who expect the same.  (see question 6)

Twenty four percent of Arizona home buyers believe that homes are fairly priced vs. 41% who thought so in the second quarter vs. 44% who thought so in the first quarter of 2010  vs. 51% who so believed in the fourth quarter of 2009. Thirty-two percent of Arizona home buyers believed that homes over priced by less than 10%. (see question 3)

Arizona home sellers continue to believe their homes should be priced higher than their Realtors’ recommended listing price. In the first and second quarter 2010 surveys, 45% of Arizona home sellers beleived that their homes should be priced 10-20% higher than their Realtors’ recommended listing prices. In the current survey 49% of Arizona home sellers think their homes should be priced 10-20% higher. (see question 2)

Arizona agents and brokers continue to give the President poor marks with 79% disapproving his performance as President up from 76% in the second quarter of 2010 and up from  72% in the first quarter of 2010. Sixty-four percent of Arizona real estate professionals “strongly disapproved” of Obama’s performance as President in the third quarter.  The President fared equally poorly with surveyed Arizona home owners with 70% disapproving of his performance and 50% “strongly disapproving”. (see question 10)

Set forth below is the third quarter 2010 real estate professional and homeowner  Arizona home values survey data along with the 2nd quarter 2009 and 2010 real estate professional survey data along with the third quarter 2010 national home prices survey dataClick 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 November 19th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, 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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HomeGain Releases 2010 1st Quarter Arizona Home Prices Survey Results

Last month, HomeGain, one of the first companies to provide free instant home valuations online, released the national and regional results of our first quarter home prices survey of more than 1,400 HomeGain current and former members. Our survey asked real estate agents and brokers their opinions on home values and what they thought of President Obama’s performance as President. On the HomeGain real estate blog we published the full survey results, including agent and broker commentary and charts. Earlier, we published the results of the first 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 and Pennsylvania home prices survey results.

Today we are also releasing the results of the 2010 1st quarter Arizona home prices 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 improving or 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 26% of Arizona agents and brokers believe home prices will decrease over the next six months.

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 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 22% expect them to increase. (see question 6)

Forty-four percent of Arizona home buyers believe that homes are fairly priced vs. 51% who  so believed in the fourth quarter of 2009, vs. 39% in the third quarter and 23% in the second quarter. Thirteen percent of Arizona home buyers believed that homes were 10-20% overpriced in the fourth quarter of 2009, vs. 32% who so believed in the second quarter. In the current survey 15% of Arizona agents and brokers believe homes are over priced by 10-15%.(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 fourth quarter of 2009, 46% of  Arizona home sellers believed that their homes should be priced 10-20% higher than their Realtors’ recommended listing price down slightly from 50% who so believed in the third quarter and 35% in the second quarter. 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 72% disapproving his performance as President 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 national survey 58% of Realtors disapproved of Obama’s performance. In the second quarter, 58% of Arizona Realtors somewhat approved or strongly approved of Obama’s performance as President vs. 57% of their national counterparts. (see question 10)

Set forth below is the 2009 and 2010 first quarter Arizona home values data with the first quarter 2010 national data:

  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 April 6th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 4th Quarter Arizona Home Prices Survey Results

Last Thursday, HomeGain, one of the first companies to provide free instant home valuations online, released the national and regional results of our fourth quarter home prices survey of nearly 1000 HomeGain current and former members. The survey asked their opinions on home values and what they thought of arizona-holiday-cactusPresident Obama’s performance as President so far. On the HomeGain real estate blog we published the full survey results, including Realtor commentary and charts.  Also last week, we published the results of the fourth quarter Texas home prices, Florida home pricesNew York home prices, New Jersey home pricesCalifornia home prices , Illinois home prices and Georgia  home prices survey results.

Earlier this week we released the Pennsylvania home prices and Colorado home prices survey results. Today we released the Massachusetts home prices survey results.

Today we are also releasing the results of the Arizona home prices survey.

Arizona is one of the states that has experienced 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 improving. In the 2009 second quarter survey 61% of Arizona agents and brokers thought home prices in their state would decrease vs. just 16% in the curent survey.

Six months ago according to our 2nd quarter Arizona home prices survey, 24% of Arizona Realtors expected home prices to rise in the next six months vs. just 11% of Realtors who expected an increase in home values in the first quarter survey. Twenty-eight percent of Arizona Realtors surveyed in the 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 third quarter and 56% now believe home prices will stay the same over the next six months. (see question 6)

An increasing percentage of Arizona home buyers believe that homes are fairly priced with 51%  believing that homes are fairly priced vs. 39%  who so believed in the third quarter and 23% in the second quarter. Thirteen percent of  Arizona home buyers believe that homes are 10-20% overpriced, vs. 32% who so believed in the second quarter. (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. Forty-six Arizona home sellers believe that their homes should be priced 10-20% higher than their Realtors’ recommended listing price down slightly from 50% who so believed in the third quarter and 35%  in the second quarter. (see question 2)

Arizona agents and brokers continue to give the President poor marks with 71% disapproving his performance as President. Sixty-four percent disapproved of  Obama’s performance as President in the third quarter with 58%  “strongly disapproving”. In the national survey 58% of Realtors disapproved of Obama’s performance. In the second quarter, 58% of Arizona Realtors somewhat approved or strongly approved of Obama’s performance as President vs. 57% of their national counterparts. (see question 10)

Set forth below is the first, second,  third and fourth quarter Arizona home values data with the national data in parenthesis:

  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 as a Realtor think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on December 21st, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data

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