Posts Tagged ‘ Massachusetts home values ’

HomeGain Releases 2nd Quarter 2012 Massachusetts Home Values Survey Results

Sixty percent of Massachusetts real estate professionals think that home prices will stay the same over the next six months

by Louis Cammarosano

Last month, HomeGain, one of the first companies to provide free instant home valuations online, released the results of our second quarter 2012 nationwide home values survey of over of over 400 HomeGain current and former members and more than 1,700 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 2nd quarter 2012 national results as well as the complete 2nd quarter 2012 regional results, including commentary from real estate agents and brokers.

Earlier this month we released the California 2nd quarter 2012 home values survey data, the Florida 2nd quarter 2012 home values survey data, the 2nd quarter 2012 Texas home values survey data, and the 2nd quarter 2012 Arizona home values survey data. In the coming days we will be releasing home values survey data from New York, Maryland, North Carolina, Washington and other states.

See all past Massachusetts home values surveys.

Set forth below is the second quarter 2012 real estate professional and home owner Massachusetts home prices survey data along with 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 July 17th, 2012 under Home Prices, Home Values, Home Values Surveys, HomeGain

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HomeGain Releases 3rd Quarter 2011 Massachusetts Home Values Survey Results

Fifty-six percent of Massachusetts real estate professionals think that home prices will decrease 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 third quarter 2011 nationwide home values survey of over 500 HomeGain current and former members and 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 2011 national results as well as the complete 3rd quarter 2011 regional results, including commentary from real estate agents and brokers.

boston-holidays

Earlier this month we released the California 3rd quarter 2011 home values survey data and the Florida 3rd quarter 2011 home values survey data, the 3rd quarter 2011 Texas home prices survey data , the 3rd quarter 2011 New York home prices survey data, the 3rd quarter 2011 New Jersey home values survey data, the Illinois 3rd quarter 2011 home values survey data, the Georgia 3rd quarter 2011 home prices survey data, the Arizona 3rd quarter 2011 home prices survey data, the Virginia 3rd quarter 2011 home prices survey data,and the Colorado 3rd quarter 2011 home prices survey data. In the coming days we will be releasing home values survey data from North Carolina, Nevada, Pennsylvania and other states.

Today we are releasing the Massachusetts home prices survey.

Set forth below is the third quarter 2011 real estate professional and home owner Massachusetts home prices survey data along with the second quarter 2011 real estate professional survey data and the third quarter 2010 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?
  11. If the Presidential election were held today, who would you vote for?

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Posted by: Louis Cammarosano on October 24th, 2011 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Regional

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HomeGain Releases 2nd Quarter 2011 Massachusetts Home Values Survey

Sixty-four percent of Massachusetts real estate professionals think that home prices will stay the same over the next six months

Last month, HomeGain, one the first companies to provide free instant home valuations online, released the results of our second quarter 2011 nationwide home values survey of over 750 HomeGain current and former members and 2,600 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 2nd quarter 2011 national results as well as the complete 2nd quarter 2011 regional results, including commentary from real estate agents and brokers.

boston-holidays

Earlier this month we released the California 2nd quarter 2011 home values survey data and the Florida 2nd quarter 2011 home values survey data, the 2nd quarter 2011 Texas home prices survey data , the 2nd quarter 2011 New York home prices survey data, the 2nd quarter 2011 New Jersey home values survey data, the Illinois 2nd quarter 2011 home values survey data, Georgia 2nd quarter 2011 home prices survey data. In the coming days we will be releasing home values survey data from Arizona, Colorado, Georgia, North Carolina, Virginia, Nevada, Pennsylvania and other states.

Today we are releasing the Massachusetts home prices survey.

Set forth below is the second quarter 2011 real estate professional and home owner Massachusetts 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):

  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 July 18th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain

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HomeGain Releases 2nd Quarter 2010 Massachusetts Home Prices Survey Results

In July, HomeGain, one of the first companies to provide free instant home valuations online, boston-holidaysreleased the second quarter results of our nationwide survey of over 3500 home owners and 900 HomeGain current and former members. The survey asked their opinions on home prices and what they thought of President Obama’s performance as President. On this 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 agents and brokers.

We also released the second quarter 2010 California home prices survey the second quarter 2010 Florida home prices, the second quarter 2010 Texas home prices survey ,the second quarter 2010 New York home prices survey,  the second quarter 2010 New Jersey home prices survey, the second quarter 2010 Georgia home prices surveysecond quarter 2010 Illinois home prices surveysecond quarter 2010 North Carolina home prices survey and the second quarter 2010 Virginia results home prices survey results.

Today we are releasing the Massachusetts home prices survey data.

In the second quarter of 2010, 90% of Massachusetts homeowners  believed their homes were worth more than their Realtors’ recommended listing price.  Thirty-eight percent believed that their homes should be prices 10-20% higher than their Realtors’ recommended listing price and 40% thought their homes should be priced 1-9% higher. In the third quarter 2009 Massachusetts home values survey, 47% of Bay State home owners though that their homes should be priced 10-20% higher than their Realtors’ recommended listing price. In the fourth quarter 2009, 35% thought their homes should be priced 10-20% higher than their Realtors’ recommended listing price. In the first quarter 2010 Massachusetts home prices  survey 38% of homeowners thought that their homes should be priced 10-20% higher than their Realtors’ recommended listing price. (See question 2)

In the current survey only 5% of Massachusetts home buyers thought homes were fairly valued vs. 21% of home buyers who thought that home prices were fairly valued in Massachusetts in the first quarter of 2010,  vs. 25% in the fourth quarter of 2009; 6% in the third quarter of 2009 and 31%  in the second quarter of 2009. In the current survey 85% of home buyers think  homes are over priced and ten percent think they are underpriced. Sixty-one percent of Massachusetts home buyers  thought that homes were overpriced  in the first quarter of 2010 up from 55% in the fourth quarter of 2009 and down from 65% in the third quarter of 2009. (see question 3)

Fifty percent of Massachussets real estate agents and brokers think that homes prices will remain the same over the  next six months and 35% think they will fall.  In the first quarter 2010 34% of Massachusetts agents and brokers believed that home prices would fall in the next six months, down from 40% in the fourth quarter of 2009 and up from 24% in the third quarter of 2009. Surveyed Massachussets home owners were more optimisitc about the direction of home values over the next six months. While 50% of home owners  think home prices will remain the same over the next six months, only 12% think they will fall. (See question 6)

Surveyed Massachusetts agents and brokers  gave President Obama lower marks in the second quarter with 70% indicating they disapproved of the President’s performance (with 55% “strongly disapproving”). In the  first quarter 56% of Massachusetts agents and brokers surveyed approved the President’s performance . Massachusetts home owners rated the President higher than their real estate professional counterparts, with 56% approving his performance.  (See question 10)

Set forth below is the agents and brokers second quarter 2009 and 2010 Massachusetts home values and the national second quarter 2010 data. Also set forth below for selected questions is the home owner response data for the second quarter of 2010. Click on each question to see complete results:

Have home prices increased, decreased or stayed the same in the last year?

  1. On average, what do homeowners believe that their home is worth?
  2. How do buyers feel that homes for sale are priced?
  3. 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?
  4. What is the average difference in price between what a home is listed at and what a home sells for?
  5. In the next six months, will the values of homes in your market increase, decrease or stay the same?
  6. What percentage of homes for sale are foreclosures in your area?
  7. What is the average home price in your area?
  8. What percentage of your clients are first-time buyers?
  9. How do you think Barack Obama is performing in his role as President?

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Posted by: Louis Cammarosano on August 5th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 4th Quarter Massachusetts 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 President 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.

Yesterday we released the Pennsylvania home prices and Colorado home prices survey results.

boston-holidaysToday we are releasing the Massachusetts home prices survey data.

In the fourth quarter, Massachusetts home owners tempered their enthusiasm regarding their homes’ values. In the third quarter survey, 47% of Bay State home owners though that their homes should be priced 10-20% higher than their Realtors’ recommended listing price. In the fourth quarter 35% thought their homes should be priced 10-20% higher than their Realtors’ recommended listing price. In the second quarter Massachusetts home prices survey 31% of Massachusetts home owners believed the same. (see question 2)

In the fourth quarter home buyers began to see home prices as more reasonable than they did in the third quarter when just 6% of home buyers thought homes were fairly priced in Massachusetts. In the  current survey 25% of Massachusetts home buyers thought homes were fairly valued vs. 31% who thought so in the second quarter. The majority (55%) of Massachusetts home buyers still think that homes are overpriced in their state down  from 65% in the third quarter and vs just 35%  in the second quarter. (see question 3)

Forty percent  of Massachusetts agents and brokers believe that home prices will fall in the next six months up from 24% in the third quarter. (see question 6)

Massachussetts agents and brokers were evenly split in their support of Barack Obama: 50% approved and 50% disapproved of his performance as President. Twenty percent “strongly approved” while 25% “strongly disapproved” of the President’s performance.  In the current national survey, the President’s approval rating was 42%.  In the second quarter Obama’s approval rating among Massachusetts Realtors stood at 65% (vs. 58% nationally)

Set forth below is the first, second, third and fourth quarter Massachusetts home prices survey results 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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