Posts Tagged ‘ Massachusetts real estate market ’

HomeGain Releases 1st Quarter 2011 Massachusetts Home Values Survey Results

Sixty-two  percent of Massachusetts real estate professionals and homeowners think that home prices will 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 and the North Carolina first quarter 2011 home values survey data.    In the coming days we will be releasing home values survey data from  Arizona, Colorado, Georgia, Nevada, Pennsylvania and other states.

Today we are releasing the Massachusetts home prices survey.

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

boston-holidays

  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 4th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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HomeGain Releases 4th Quarter 2010 Massachusetts Home Values Survey Results

Forty-four percent of Massachusetts real estate professionals and forty-six percent of homeowners think that home prices will stay the same 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 releasing the Massachusetts home prices survey.

Set forth below is the fourth quarter 2010 real estate professional and homeowner Massachusetts 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:

boston-holidays

  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 3rd, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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HomeGain Releases 3rd Quarter 2010 Massachusetts Home Values Survey Results

Ninety percent of Massachusetts homeowners think their homes are worth more than their Realtors’ recommended listing price

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 the 3rd quarter 2010Virginia home values survey , the 3rd quarter 2010 Arizona home values survey and the 3rd quarter 2010 Georgia home prices survey.

boston-holidays

Today we are releasing the Massachusetts home prices survey data.

In the second quarter 2010 Massachusetts home values survey, 90% of Massachusetts homeowners believed their homes were worth more than their Realtors’ recommended listing price.  In the current survey 91% of Massachusetts homeowners believe their homes are worth more that their Realtors’ recommended listing price. Forty-eight percent believed that their homes should be prices 10-20% higher than their Realtors’ recommended listing price and 43% thought their homes should be priced 1-9% higher.  (See question 2)

In the current survey only 4% of Massachusetts home buyers thought homes were fairly valued. Seventy percent of Massachusetts home buyers think that homes are just 1-9% overpriced. (see question 3)

Thirty five percent of Massachussets real estate agents and brokers think that homes prices fall over the next six months unchanged  from the second quarter.  Surveyed Massachussets home owners were more pessimistic about the direction of home values over the next six months with 43% expecting the value of their homes to drop over the next six months.  (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 unchanged from the second quarter. 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 51% approving his performance. (See question 10)

Set forth below is the third quarter 2010 real estate professional and homeowner Massachusetts 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 23rd, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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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 1st Quarter 2010 Massachusetts Home Prices Survey Results

In March, HomeGain, one of  the first companies to provide free instant home valuations online, released the national and regional results of our  2010 1st quarter home prices survey of more than 1,400 HomeGain  members. The survey asked real estate agents and brokers their opinions on home values and what they thought of President Obama’s performance. On this 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, Pennsylvania home prices survey , Arizona home prices survey and North Carolina home prices survey results.

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

In the first quarter of 2010, Massachusetts homeowners continued to temper 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. In the current 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 first quarter of 2010, 21% of  home buyers thought that home prices were fairly valued in Massachusetts vs. 25% in the fourth quarter of 2009;  6% in the third quarter of 2009 and 31% who thought so in the second quarter of 2010. Sixty-one percent of   Massachusetts home buyers still think that homes are overpriced in their state down from up from 55% in the fourth quarter of 2009 and down from 65% in the third quarter. (see question 3)

Thirty-four percent of Massachusetts agents and brokers believe that home prices will fall in the next six months, down from 40% in the fourth quarter and up from 24% in the third quarter. (See question 6)

Massachusetts agents and brokers gave President Obama higher marks than their colleagues across the country. Fifty-six percent of Massachusetts agents and brokers approve the President’s performance vs. just 42% nationwide. (See question 10)

Set forth below is the 2010 first quarter Massachusetts home prices survey results with the 1st 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 11th, 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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