Posts Tagged ‘ Home Values ’

HomeGain Releases 3rd Quarter 2012 Florida Home Values Survey Results

Fifty-nine percent of Florida real estate professionals think home prices will increase over the next six months; Forty-four percent of homeowners think home prices will stay the same

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over of over 300 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 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

Earlier we released the California home values survey data. Today we are releasing the Florida home values survey data. In the coming days we will be releasing home values survey data from Texas, Arizona and other states.

See all past Florida home values surveys.

Set forth below is the second quarter 2012 real estate professional and home owner Florida home prices survey data along with the first quarter 2012 real estate professional survey data and the second 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 11th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 3rd Quarter 2012 California Home Values Survey Results

Seventy-eight percent of California real estate professionals expect home prices to increase in the coming six months; up 11 percent from last quarter

by Louis Cammarosano

HomeGain, one of the first companies to provide free instant home valuations online, released the results of our third quarter 2012 nationwide home values survey of over 300 HomeGain current and former members and more than 2,200 home owners. The 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 2012 national results as well as the complete 3rd quarter 2012 regional results, including commentary from real estate agents and brokers.

Today we are releasing the California home values survey data. In the coming days we will be releasing home values survey data from Texas, Florida and other states.

See all past California home values surveys.

Set forth below is the third quarter 2012 real estate professional and home owner California home prices survey data along with the second quarter 2012 real estate professional survey data and the second third 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on October 9th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 3rd Quarter 2012 National Home Values Survey Results

Fifty-one percent of real estate professionals expect home values to increase, up from 48 percent from last quarter; Sixty-seven percent disapprove of Obama’s performance as President; Mitt Romney favored over Barack Obama by both real estate professionals and homeowners

HomeGain, one of the first companies to provide free instant home valuations online, announced the results of its nationwide third quarter 2012 home values survey. Over 300 real estate agents and brokers and over 2,200 homeowners were surveyed. We also released the regional results of the third quarter 2012 HomeGain home values survey.

Real estate professionals continue to be more optimistic about the direction of home values than homeowners. Fifty-one percent of real estate professionals expect home values to increase, unchanged from last quarter. Thirty-four percent of homeowners expect home values to increase, up from 27 percent last quarter.

Eighty percent of real estate professionals and 62 percent of homeowners think home values will increase in the next two years. In contrast, just five percent of real estate professionals and 14 percent of home owners think home values will decrease in the next two years. Fifteen percent of real estate professionals and 24 percent of homeowners think home values will stay the same in the next two years.

Eleven percent of real estate professionals expect home values to decrease in the next six months, down from 14 percent from last quarter. Twenty percent of homeowners expect home values to decrease in the next six months, down from 24 percent from last quarter.

Thirty-eight percent of real estate professionals and 46 percent of homeowners believe home values will stay the same in the next six months.

According to surveyed agents and brokers, 76 percent of homeowners believe their homes are worth more than the recommended agent listing price. In contrast, 60 percent of home buyers believe homes are overpriced.

“Optimism about the direction of home prices continues to grow,” said Louis Cammarosano, General Manager of HomeGain. “The survey show an increase in optimism, especially over the course of the next two years, as 80 percent of real estate professionals expect home prices to be higher than they are today.” said Louis Cammarosano, General Manager of HomeGain.

Top 10 States Where Real Estate Agents and Homeowners Think Home Prices Will Go Up in the Next Six Months:


Top 10 States Where Real Estate Agents and Homeowners Think Home Prices Will Go Down In the Next Six Months:


Fifty-three percent of agents and brokers surveyed indicated that they “strongly disapproved” and 14 percent “somewhat disapproved” of Barack Obama’s performance as President, earning him a 67 percent disapproval rating, an increase of one percent in the disapproval rating of agents and brokers surveyed in the second quarter of 2011. In the second quarter of 2012, the President also had a 66 percent disapproval rating among agents and brokers.

Forty-five percent of homeowners “strongly disapproved” and 11 percent “somewhat disapproved” of the President’s performance, earning him a 56 percent disapproval rating. The President had a 59 percent disapproval rating last quarter among surveyed homeowners with 46 percent “strongly disapproving.” The Rasmussen Daily Presidential Approval Index taken during the same period as the HomeGain Second Quarter 2012 Home Values Survey indicated that both of the President’s average approval and disapproval ratings were 49 percent, with an average of 41 percent “strongly disapproving” of his performance and an average of 29 percent “strongly approving” of his performance.

Top 10 States Where Real Estate Agents and Homeowners Approve of Barack Obama’s Performance as President:


Top 10 States Where Real Estate Agents and Homeowners Disapprove of Barack Obama’s Performance as President:


The survey was conducted from September 11 – September 21, 2012.

View all prior HomeGain national and state home prices surveys.

Set forth below are the results of the third quarter 2012 and second quarter 2012 national home values surveys as well as the results of the third quarter 2011 survey. Also set forth below for selected questions is the national home owner response data for the third quarter of 2012. Click on each question to see complete results:

Questions and National 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on September 27th, 2012 under Home Prices, Home Values, Home Values Surveys

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Real Estate 360 Live With Louis Cammarosano 6/11/12

On Monday June 11, 2012, Louis Cammarosano, General Manager of HomeGain, was a guest on the Real Estate 360 Live radio show on The Big Talker 1580 WHFS AM, hosted by Ryan Sloper.

Listen to the show.

Part 1 (14:33)


Ryan and Louis discuss the debt crisis in Europe and note the $100 billion bailout of Spain.

Louis and Ryan discuss plans that the European Union are considering to centralize the finances of the member states. Louis notes that investors have confidence when the sovereign can pay back the debt by printing money even though that has the impact of debasing the value of the payment and could be considered a partial default. Louis notes that higher interest rates put a restraint on sovereign spending.

Louis notes that bailouts only paper over the debt problem and predicts confidence will eventually be lost. Louis predicts eventually money will flow into gold and silver. Louis argues that gold and silver are not in a bubble.Louis discusses the potential impact of inflation on home values in the coming years.
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Posted by: Louis Cammarosano on June 20th, 2012 under HomeGain, HomeGain on Real Estate Radio, Louis Cammarosano on Real Estate Radio

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HomeGain Releases 2nd Quarter 2012 National Home Values Survey Results

Forty-eight percent of real estate professionals expect home values to increase in coming six months, up from 11 percent last quarter; Sixty-eight percent disapprove of Obama’s performance as President; Mitt Romney favored over Barack Obama by both real estate professionals and homeowners; Ron Paul pulls 16% in a three way preference poll

HomeGain, one of the first companies to provide free instant home valuations online, announced the results of its nationwide second quarter 2012 home values survey. Over 400 real estate agents and brokers and over 1,700 homeowners were surveyed. We also released the regional results of the second quarter 2012 HomeGain home values survey.

Real estate professionals continue to be more optimistic about the direction of home values than homeowners. Forty-eight percent of real estate professionals expect home values to increase, up from 37 percent last quarter. Twenty-seven percent of homeowners expect home values to increase, up from 25 percent last quarter.

Eighty-two percent of real estate professionals and 59 percent of homeowners think home values will increase in the next two years. In contrast, just six percent of real estate professionals and 15 percent of home owners think home values will decrease in the next two years. Twelve percent of real estate professionals and 26 percent of homeowners think home values will stay the same in the next two years.

Fourteen percent of real estate professionals expect home values to decrease in the next six months, down from 22 percent from last quarter. Twenty-four percent of homeowners expect home values to decrease in the next six months, down from 25 percent from last quarter.

Thirty-eight percent of real estate professionals and 49 percent of homeowners believe home values will stay the same in the next six months.

According to surveyed agents and brokers, 77 percent of homeowners believe their homes are worth more than the recommended agent listing price. In contrast, 58 percent of home buyers believe homes are overpriced.

“Optimism among real estate professionals spiked in the second quarter. Real estate professionals are optimistic about home prices in the short term and especially optimistic in the coming two years with 82 percent of real estate professionals and 59 percent of homeowners expecting prices to rise.” said Louis Cammarosano, General Manager of HomeGain.

Top 10 States Where Real Estate Agents and Homeowners Think Home Prices Will Go Up in the Next Six Months:


Top 10 States Where Real Estate Agents and Homeowners Think Home Prices Will Go Down In the Next Six Months:


Fifty-three percent of agents and brokers surveyed indicated that they “strongly disapproved” and 13 percent “somewhat disapproved” of Barack Obama’s performance as President, earning him a 66 percent disapproval rating, an increase of one percent in the disapproval rating of agents and brokers surveyed in the second quarter of 2011. In the first quarter of 2012, the President also had a 66 percent disapproval rating among agents and brokers.

Forty-six percent of homeowners “strongly disapproved” and 13 percent “somewhat disapproved” of the President’s performance, earning him a 59 percent disapproval rating. The President had a 56 percent disapproval rating last quarter among surveyed homeowners with 41 percent “strongly disapproving.” The Rasmussen Daily Presidential Approval Index taken during the same period as the HomeGain Second Quarter 2012 Home Values Survey indicated that the President’s average disapproval rating was 50 percent with an average of 40 percent “strongly disapproving” of his performance.

Top 10 States Where Real Estate Agents and Homeowners Approve of Barack Obama’s Performance as President:


Top 10 States Where Real Estate Agents and Homeowners Disapprove of Barack Obama’s Performance as President:


The survey was conducted from May 21 – June 1, 2012.

View all prior HomeGain national and state home prices surveys.

Set forth below are the results of the second quarter 2012 and first quarter 2012 national home values surveys as well as the results of the second quarter 2011 survey. Also set forth below for selected questions is the national home owner response data for the first quarter of 2012. Click on each question to see complete results:

Questions and National 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on June 7th, 2012 under Home Prices, Home Values, Home Values Surveys, HomeGain

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HomeGain Releases 2nd Quarter 2012 Regional Home Values Survey Results

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 2nd quarter 2012 home values survey.

Questions and Regional 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. In the next two years, will the values of homes in your market increase, decrease or stay the same?
  8. What percentage of homes for sale are foreclosures in your area?
  9. What is the average home price in your area?
  10. What percentage of your clients are first-time buyers?
  11. How do you think Barack Obama is performing in his role as President?
  12. If the Presidential election were held today, who would you vote for?
  13. If the Presidential election were held today, who would you vote for? (Part 2)

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Posted by: Louis Cammarosano on June 7th, 2012 under Home Values, HomeGain, HomeGain Market Data

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