Posts Tagged ‘ obama stimulus package ’

Second Quarter Press Call: Realtor Home Prices Survey Results

In this 2nd quarter press call, moderated by Peter McCullough, we heard from Realtors from across the country discuss the results of HomeGain’s second quarter REALTOR survey on home prices.

Do Realtors feel that we’ve hit the bottom? How have home values changed in the last few months? Do they think Obama’s plans are bringing the market back to life?

Listen to the brief call on HomeGain Radio to find out!:

Highlights: Continue reading this post

Share

Posted by: Jessica Gopalakrishnan on June 10th, 2009 under Home Prices, Home Values, HomeGain Radio, Polls

1 Comment »

HomeGain Releases Georgia Home Prices Survey Data

Earlier this month, HomeGain released the results of a nationwide survey of nearly 700 HomeGain current and former Realtor members. The survey asked their opinions on home prices and the impact of the Obama stimulus package.  On this real estate blog we published the national and regional results.

The HomeGain member home values survey received national coverage and the results were noted in US News, Dallas Morning News, Boston Globe, Crane’s Investment News, Sellsius, Dallas Magazine, Orange County Register, RIS Media, Philadelphia Daily News, the Sarasota Herald Tribune, AOL’s Wallet Pop, St. Petersburg Times, Boston Real Estate BlogReal Trends, Realtor Magazine, Inman News,Transparent Real Estate , Agent Genius and other blogs.

Today we are releasing the Georgia home prices survey data. In the past few weeks we published the New YorkTexasCalifornia ,Illinois and Florida data.

The Georgia Realtor home prices survey indicates that only 5% of home buyers think that homes are fairly priced vs. 18% of home buyers nationally. Thirty two percent of Georgia home buyers think that homes are overpriced by 10-20%, the same as the national average.

Conversely, 45% of Georgia home sellers, as do home sellers nationwide, believe that Realtors under valued their homes by 10-20%.

Set forth below is the Georgia home prices data with the national data in parenthesis:

Continue reading this post

Share

Posted by: Louis Cammarosano on March 30th, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls

1 Comment »

First Time Home Buyers Boost Existing Home Sales

According to reports in the Wall Street Journal and the Miami Herald first time home buyers are accounting for a large portion of the recent boost in existing home sales. The reports cite lower home prices and the provision in the Obama stimulus plan that gives first time home buyers an $8,000 credit.

Indeed, on a conference call following HomeGain’s release of its survey of Realtors on Home Values, HomeGain member Jeffrey Bastress of Starpoint Realty in Massachusettes cited that he had recently received numerous offers from first time home buyers citing the $8,000 credit as a reason for their interest in purchasing a home.

Andrew Duncan of Keller Williams of Tampa also cited the new tax incentives, lower home prices and great interest rates as driving new home buyers to make their first purchases.

Could it be however, the reason that first time home buyers are making up a good portion of existing home sales is that they haven’t been burned yet?

Continue reading this post

Share

Posted by: Louis Cammarosano on March 24th, 2009 under Market Trends, Online Marketing

2 Comments »

Realtors® Give Thumbs Down To Obama Stimulus Plan

HomeGain®, the first website to provide free instant home values, today announced the state results of a nationwide survey of current and former HomeGain Realtor® members’ opinions on the Obama stimulus plan.

Last week HomeGain released the results of a nationwide survey of nearly 700 current and former HomeGain members. The survey asked their opinions on home values and the impact of the Obama stimulus package. On this blog we published the national and regional results.

We also released survey data from TexasCalifornia ,Illinois , Florida , New York and Georgia.

The HomeGain member survey received national coverage and the results were noted in USA Today, Dallas Morning News,Boston Globe, Crane’s Investment News, Sellsius, Dallas Magazine, Orange County Register, RIS Media, Philadelphia Daily News, St. Petersburg Times, the Boston Real Estate Blog, Real Trends, Realtor Magazine, Inman News, Transparent Real Estate, Agent Genius and other blogs.

Today we released the state survey results on Realtors’ opinions on the Obama stimulus plan.

Nationally 45% of our surveyed Realtors thought Obama’s stimulus plan would have no impact on home values. 38% thought it would stabilize home prices, 13% thought it would decrease home prices and just four percent thought it would increase home values.

The HomeGain survey was conducted the week of February 23. A Rassmussen telephone poll conducted the same week showed that 34% of U.S. voters thought the plan would help the economy while 32% thought it would hurt. Twenty eight percent of US voters participating in the Rasmuessen poll thought the plan would have little impact on the economy.

Set forth below are the HomeGain survey results by state of the Realtors’ opinion of the Obama stimulus plan:

Continue reading this post

Share

Posted by: Louis Cammarosano on March 17th, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Market Trends, Polls

1 Comment »

Realtors’® View of Direction of Home Values Varies Widely By State

More than 2/3 of Realtors® Surveyed in California, Massachusettes, Michigan and New York See Further Decline in Home Prices in Next Six Months

More than 2/3 of Realtors® Surveyed in Pennsylvania Texas, Ohio, Georgia, Ohio, Colorado and Washington See Flat or Rising Home Prices in Next Six Months

Last week HomeGain released nationwide, regional and state survey data on Realtor’s opinions on home values and the Obama stimulus plan.

While the national survey data revealed generally a poor housing market, the results were not uniform.

A closer look at the state survey data shows that while the majority of Realtors in many states are expecting further home price declines in the coming six months, large percentages of Realtors in other states are expecting higher home prices.

There were a few where more than 50% of the Realtors surveyed believed that home prices would stay the same.

Of note was Pennsylvania where more than 3 of 4 Realtors surveyed expect no change in home prices in the coming six months.

Below are the results of our survey that indicate by state the percentage of Realtors that think home prices will rise, fall or stay the same:

Continue reading this post

Share

Posted by: Louis Cammarosano on March 16th, 2009 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Market Trends, Polls

2 Comments »

Max Returns From India, Excited About Upcoming Events

Max recently took a trip to Kerala, India, to take a break from discussing whether the Obama stimulus package will make a difference for the American housing market in 2009. 

A cool 100 degrees Farenheit, he was thrilled to be in this beautiful “land of coconuts”. He’s traveled the U.S. and visited Paris and Africa but not India before. Keralans, or Malayalees, are so friendly and hospitable.

While taking a boat ride in the backwaters near Allepey, the boat pulled over to cut down fresh bananas, pineapples, and, his favorite, coconuts.

They even let him drive the boat, which is made entirely out of coconut trees! 

Surprisingly, he could get an internet connection and cell phone reception out in the middle of all these coconut trees and water. He knew HomeGain had launched a new survey and couldn’t believe all the news coverage it was getting!

Max had to get back to the U.S. anyways for the upcoming Ask the Experts real estate forum and he’s hitting the road again in a fleet of “Maxmobiles”, this time in New York City and San Diego, CA.

He also can’t wait for a sneak peek at HomeGain’s August 3rd Live Nation event in San Francisco — stay tuned!

Follow Max

Share

Posted by: Jessica Gopalakrishnan on March 16th, 2009 under Max

No Comments »

For Real Estate Agents

Online Marekting Solutions

For Home Buyers and Sellers

e.g., 1250 S Main St, Burbank, CA or 91506
     Search Foreclosures    Search New Homes    Search Rentals    

Blog Categories

Blog Archives

Real Estate Blogs

Top Articles

Recent Comments

Guaranteed LeadsReferral Lead ProgramListings PackageVisits to your WebsiteFind REALTOR®Homes For SaleHome Values