Posts Tagged ‘ north carolina real estate market ’

HomeGain Releases 4th Quarter 2010 North Carolina Home Values Survey Results

Fifty-eight percent of North Carolina real estate professionals expect home values to decrease in the coming 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 North Carolina home prices survey results.

Set forth below is the fourth quarter 2010 real estate professional and homeowner North Carolina 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 North Carolina Home Values Survey Results

Half of North Carolina Real Estate Professionals Expect Home Price Declines; Seventy-Four Percent of North Carolina Home Buyers think home are overpriced

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.

Earlier we released the results of the  3rd quarter 2010 California home prices 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 and the 3rd quarter 2010 Illinois home prices survey. In the coming days we will be releasing home values survey data from  Arizona, Virginia, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

Today we are releasing the North Carolina home prices survey results.

According to our home values survey, North Carolina homeowners have decreased their pricing expectations over last year. They continue to believe their homes are worth more than their Realtors’ recommended listing price. According to the third quarter 2009 North Carolina home prices survey, 32% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage decreased to 25% in the current survey down from 39% in the second quarter of 2010. Seventy-seven percent of North Carolina home owners now believe that their homes should be priced higher than the Realtor recommended listing price down from 90% a year ago and 81% in the second quarter. (see question 2).

Seventy-four of North Carolina buyers believe that homes are over priced with just 18% thinking that they are fairly priced. Eighty-three percent of North Carolina home buyers thought homes were over priced in the second quarter of 2010 and 17% thought they were fairly priced.   Thirty-nine percent of home buyers in the Tar Heel State currently believe homes are over priced by 10-20%. (See question 3)

Fifty-two percent of North Carolina real estate professionals believe that think home prices will decrease vs. 38% who so believed in the second quarter of 2010 and vs. 32% who so believed a year ago. Surveyed North Carolina homeowners were less pessimistic on the direction of home values with only 29% thinking that home prices would fall in the next six months and 50% thinking they would stay the same. (see question 6)

Eighty-one percent of North Carolina real estate professionals surveyed disapproved of Obama’s performance as President with 57% “strongly disapproving”. In the second quarter of 2010 84% of North Carolina real estate professionals disapproved of Obama’s performance. In the third quarter of 2009 62% of North Carolina agents and brokers disapproved of Obama’s performance. North Carolina’s real estate professionals rated President Obama’s lower than any state in the nation. North Carolina home owners rated the President better with 54% disapproving of the President’s performance. (see question 10)

Set forth below is the third quarter 2010 real estate professional and homeowner North Carolina home prices 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 October 17th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 2nd Quarter 2010 North Carolina Home Prices Survey Results

Earlier this month,  HomeGain, one of the first companies to provide free online instant home valuations, released 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 survey and the  second quarter 2010 Illinois home prices survey results.

daniel_stowe_garden

Today we are releasing the North Carolina home prices survey results.

According to our home values survey, North Carolina home owners  have tempered their pricing expectations. They continue, however, to believe their homes are worth more than their Realtors’ recommend. According to the first quarter 2009 North Carolina home prices survey, 63% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage dropped to 27% in the second quarter 2009 North Carolina home prices survey rose to 32% in the third quarter 2009 and was 39% in the fourth quarter 2009 survey. In the first quarter 2010 survey, 48% of North Carolina home owners believes their homes are worth 10-20% than their Realtors’ recommended listing price. In the second quarter 2010 survey 39% of North Carolina home owners think their homes are worth 10-20% more than their Realtors’ recommended listing price. Eighty-one percent of North Carolina home owners now believe that their homes should be priced higher than the Realtor recommended listing price down from 84% in the first quarter. (see question 2).

Eighty-three percent of  North Carolina buyers believe that homes are over priced with just 17% thinking that they are fairly priced. Thirty-two percent of North Carolina home buyers believed that homes were fairly priced in the fourth quarter of 2009 vs. 26% who thought the same in the first quarter of 2010.  Forty eight percent of home buyers in the Tar Heel State believe homes are over priced by 10-20%. (See question 3)

An increasing  percentage of North Carolina real estate professionals believe  that think home prices will decrease, with 38% believing home prices will drop in the next six months vs. 24% who thought the same in the 1st quarter of 2010. Surveyed North Carolina homeowners were less pessimistic on the direction of home values with only 23% thinking that home prices would fall in the next six months.(see question 6)

Eighty-four percent of North Carolina real estate professionals surveyed disapproved of Obama’s performance as President with 65% “strongly disapproving”  vs. 71% who disapproved in the first quarter; vs. 76% who disapproved in the fourth quarter of 2009 a nd vs. 62% in the third quarter. North Carolina’s real estate professionals  rated President Obama’s lower than any state in the nation. North Carolina home owners rated the President slightly better with 57% disapproving of the President’s performance. (see question 10)

Set forth below is the agents and brokers second quarter 2009 and 2010 North Carolina home prices 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 3rd, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 2010 1st Quarter North Carolina 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 2010 home prices survey of more than 1,400 HomeGain  members. The survey asked real estate professionals 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 and Arizona home prices survey results. daniel_stowe_garden

Today we are releasing the North Carolina home prices survey results.

According to our home values survey, North Carolina home owners continue to believe their homes are worth more than their Realtors’ recommend. In the first quarter survey 63% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage dropped to 27% in the second quarter North Carolina home prices survey rose to 32% in the third quarter and was 39% in the fourth quarter survey. In the first quarter 2010 survey, 48% of North Carolina home owners believe their homes are worth 10-20% than their Realtors’ recommended listing price. Eighty-four percent of North Carolina home owners now believe that their homes should be priced higher than the Realtor recommended listing price up from 79% in the fourth quarter of 2009. (see question 2).

A lesser percentage of North Carolina buyers believe that homes are fairly priced. Thirty-two percent of North Carolina home buyers believed that homes were fairly priced in the fourth quarter of 2009 vs. 26% who thought the same in the first quarter of 2010. In the fourth quarter of 2009, 34% of home buyers thought that homes were just 1-10% overpriced vs 29% who thought the same in the first quarter of 2010 . The majority of home buyers in the Tar Heel State believe homes are either fairly priced or within 10% of the asking price. (See question 3)

The percentage of North Carolina real estate professionals that think home prices will decrease, trended down to 24% in the 1st quarter of 2010 vs 29% in the 4th quarter of 2009, vs. 32% in the third quarter and 22% in the second quarter. (see question 6)

Seventy-one percent of North Carolina real estate professionals surveyed disapproved of Obama’s performance as President vs. 76% who disapproved in the fourth quarter of 2009 vs. 62% in the third quarter. (see question 10)

Set forth below is the 2010 first quarter North Carolina home prices survey data with the 2010 first quarter 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 8th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 4th Quarter North Carolina 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. daniel_stowe_garden

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

Today we are releasing the North Carolina home prices survey results.

According to the home values survey, North Carolina home owners continue to believe  their homes are worth more than their Realtors recommend. In the first quarter survey 63% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage dropped to 27% in the second quarter North Carolina home prices survey rose to 32% in the third quarter and was 39% in the current survey. Seventy-nine percent of North Carolina home owners now believe that their homes should be priced higher than the Realtor recommended listing price up from 20% in the second quarter. (see question 2).

North Carolina buyers continue to believe that homes are fairly priced with 32% believing that homes are fairly priced and 34%  thinking that homes are just 1-10% overpriced. The majority of home buyers in the Tar Heel State in the third quarter believed homes are either fairly priced or withing 10% of the asking price. (See question 3)

The percentage of North Carolina Realtors that think home prices will decrease, trended down to 29% vs 32% in the third quarter and 22% in the second quarter. (see question 6)

Seventy-six  percent of North Carolina Realtors surveyed disapproved of Obama’s performance as President vs. 62% who disapproved in the third quarter. (see question 10)

Set forth below is the first, second,  third and fourth  quarter North Carolina home prices survey 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 23rd, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data

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HomeGain Releases 3rd Qtr North Carolina Home Prices Survey

Earlier this week, HomeGain, the first website to provide free instant home values, released the national and regional results of our  home prices survey of 1,084 current and former HomeGain members. The survey asked their opinions on home values and of Barack Obama’s performance as President. On this real estate blog we published the complete national and regional third quarter results.

Earlier this week we published the results of the California home prices, Texas home prices and Florida home prices surveys.

Today we published the Massachusettes home prices survey data ,the  New York home prices survey and the New Jersey home prices survey data.

Today we are releasing the North Carolina home prices survey data.

According to the home values survey, North Carolina home owners are back to thinking their homes are worth more than their Realtors recommend. In the first quarter survey 63% of North Carolina home owners believed that their homes were worth 10-20% higher than the Realtor recommended listing price. That percentage dropped to 27% in the second quarter North Carolina home prices survey and has risen to 32% in the current survey. Forty-eight percent of North Carolina home owners now believe that their homes should be priced 1-9% higher than the Realtor recommended listing price up from 20% in the second quarter. (see question 2).

North Carolina buyers views on home prices remained relatively unchanged from the second quarter North Carolina home prices survey. The majority of home buyers in the Tar Heel State believe homes are either fairly priced or withing 10% of the asking price. (See question 3)

The percentage of North Carolina Realtors that think home prices will decrease, ticked up in the third quarter with 32% thinking that home values will decrease in the next six months, vs. 22% who thought the same in the second quarter. (see question 6)

Sixty-two percent of North Carolina Realtors surveyed disapproved of Obama’s performance as President vs. 58% of surveyed Realtors nationally.

Set forth below is the first, second and third quarter North Carolina home prices survey data with the national data in parenthesis:

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Posted by: Louis Cammarosano on August 26th, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data

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