Posts Tagged ‘ texas real estate market ’

HomeGain Releases 2nd Quarter 2012 Texas Home Values Survey Results

Sixty percent of Texas real estate professionals expect home values to increase in the next six months; Forty-nine percent of homeowners expect home values to stay the same in the next six months

by Louis Cammarosano

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.

We’ve already released the second quarter 2012 California home values survey and second quarter 2012 Florida home values survey data. Today we are releasing the Texas home values survey data. In the coming days we will be releasing home values survey data from New York, New Jersey, Arizona and other states.

See all past Texas home values surveys.

Set forth below is the second quarter 2012 real estate professional and home owner Texas 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 July 10th, 2012 under Home Prices, Home Values, Home Values Surveys

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HomeGain Releases 1st Quarter 2011 Texas Home Values Survey Results

Nearly three quarters of Texas real estate professionals and homeowners expect home prices to rise or stay the same in the coming 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.  Today we are releasing the 1st quarter 2011 Texas home prices survey data. In the coming days we will be releasing home values survey data from Illinois, New York, New Jersey, Arizona, Virginia, North Carolina, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

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

texas-state1

  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 13th, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, Polls, Regional

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HomeGain Releases 4th Quarter 2010 Texas Home Values Survey Results

Texas real estate professionals and homeowners expect stabilized home values; 73% disapprove of Obama’s performance as President.

Last month, 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 survey asked their opinions on home values 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.

Earlier we released the 4th quarter 2010 California home values survey and 4th quarter 2010 Florida home values survey data. In the coming days we will be releasing home values survey data from Illinois, New York, New Jersey, Arizona, Virginia, North Carolina, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states.

Today we are releasing the 4th quarter 2010 Texas home value survey data.   texas-state1

Forty-eight percent of Texas real estate professionals and 54% of Texas homeowners expect home prices in the Lone Star State to remain the same over the next six months.  In the third quarter 2010 Texas home values survey fifty-seven percent of Texas real estate professionals and 58% of Texas homeowners expect home prices to remain the same over the next six months. The second quarter 2010 Texas home prices survey revealed that 38% of Texas real estate professionals expected prices to remain the same vs 40% who expected prices to remain the same in the second quarter 2009 Texas home prices survey.

Twenty six percent of Texas agents and brokers and 25% of Texas home owners expect home prices to rise over the next six months vs. 14% of Texas agents and brokers and 18% of Texas homeowners who expected home prices to rise over the next six months in the third quarter 2010 Texas home prices survey. In the second quarter of 2010 33% of agents and brokers and 30% of homeowners expected prices to rise in the coming six months. In the second quarter of 2009 43% of Texas real estate agents and brokers expected home prices to rise.

Twenty-six percent of Texas real estate professionals and 21% of Texas homeowners expect home prices to fall. Nationwide 12% of real estate professionals expect home prices to increase, 46% expect them to decrease and 42% expect them to stay the same. (see question 6)

Texas home owners continue to believe that their homes are worth more than their Realtors’ are telling them with 82% believing that their homes are worth more than their Realtors’ recommended listing price. According to real estate professionals surveyed, 49% of Texas homeowners believe their homes are worth 10-20% more than the recommended listing price, up from 46% in the third quarter and up from 36% in the fourth quarter of 2009. (see question 2)

An increasing percentage of Texas home buyers  believe that homes are overpriced in their state. In the current survey 69% of Texas home buyers believe that home prices are over priced vs. 63% who thought so in the third quarter of 2010 and 60% who thought so in the fourth quarter of 2009. (see question 3)

President Obama’s approval rating among Texas real estate professionals dropped to 27% down from  30% in the third quarter. Fifty-eight percenf “strongly disapproved” of the President’s performance. Texas homeowners also held a dim view of the President’s performance with just 29% approving. (see question 10)

Set forth below is the fourth quarter 2010 real estate professional and home owner Texas home prices survey data along with the third quarter 2009 and 2010 real estate professional survey data along with the fourth 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?

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Posted by: Louis Cammarosano on January 3rd, 2011 under Home Prices, Home Values, Home Values Surveys, HomeGain, HomeGain Market Data, Regional

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HomeGain Releases 3rd Quarter 2010 Texas Home Prices Survey Results

Texas real estate professionals and homeowners temper their home values expectations; Obama’s approval rating at 30%.

On Tuesday, HomeGain, one of the first companies to provide free online instant home valuationsreleased the third quarter results of our nationwide survey of over 1100 HomeGain current and former members and 2600 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 2010 national results as well as the complete 3rd quarter 2010 regional results, including commentary from real estate agents and brokers.

Yesterday we released the 3rd quarter California home prices survey data and today we are releasing the results of the 3rd quarter Texas home values survey. In the coming days we will be releasing home values survey data from Florida, Illinois, New York, New Jersey, Arizona, Virginia, North Carolina, Colorado, Georgia, Nevada, Pennsylvania, Massachusetts and other states. texas-state1

Fifty-seven percent of Texas real estate professionals and 58% of Texas homeowners expect home prices in the Lone Star State to remain the same over the next six months. The second quarter 2010 Texas home prices survey revealed that 38% of Texas real estate professionals expected prices to remain the same vs 40% who expected prices to remain the same in the second quarter 2009 Texas home prices survey.

Only 14% of Texas agents and brokers and 18% of Texas homeowners expect home prices to rise over the next six months. In the second quarter of 2010 33% of agents and brokers and 30% of homeowners expected prices to rise in the coming six months. In the second quarter of 2009 43% of Texas real estate agents and brokers expected home prices to rise.

Twenty-nine percent of Texas real estate professionals and 24% of Texas homeowners expect home prices to fall.  Nationwide 10% of real estate professionals expect home prices to increase, 48% expect them to decrease and 42% expect them to stay the same. (see question 6)

Texas home owners continue to believe that their homes are worth more than their Realtors’ are telling them with 82% believing that their homes are worth more than their Realtors’ recommended listing price.  According to real estate professionals surveyed, 46% of Texas homeowners believe their homes are worth 10-20% more than the recommended listing price, up from 23% in the second quarter of 2009. (see question 2)

Texas home buyers continue to believe that homes are overpriced in their state. In the current survey 63% of Texas home buyers believe that home prices are over priced vs. 67% who thought so in the second quarter of 2010 vs. 61%% who thought so in the first quarter 2010 Texas home prices survey.  (see question 3)

President Obama’s approval rating among Texas real estate professionals remained at 30%, although the percentage “strongly disapproving” increased to 57% up from 54% in the second quarter 2010 survey. Texas homeowners also held a dim view of the President’s performance with just 31% approving. (see question 10)

Set forth below is the third quarter 2010 real estate professional and home owner Texas 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 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 September 26th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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HomeGain Releases 2nd Quarter 2010 Texas Home Prices Survey Results

Earlier this week, HomeGain, one of the first companies to provide free online instant home valuations, released the second quarter results of our nationwide survey of over 900 HomeGain current and former members and 3,500 home owners. 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.

Yesterday we released the second quarter 2010 California home prices survey results and today we published the  results of the second quarter Florida home prices survey.

texas-state1

The Texas results reflect a more optimistic view of the direction of home prices in the Lone Star State than in the rest of the country. Thirty-three percentage of surveyed real estate agents and brokers believe that home values will increase in their state vs. 20% of agents and brokers nationally who believe the same. (see question 6)

Thirty percent of Texas home owners think that home prices will rise in the next six months and 50% believe they will stay the same.

Texas home owners increased their valuation expectations in the current survey with 92% believing that their homes were worth more than their Realtors’ recommended listing price. In the first quarter that percentage was 75%. (see question 2)

Sixty-seven percent of Texas home buyers believe that home prices are over priced vs 61%% who thought so in the first quarter 2010 Texas home prices survey. More telling was the percentage of Texas home buyers that currently believe that homes are over priced by 10-20%. In the second quarter 31% so believed vs. 14% who so believed i n the first quarter 2010 Texas survey.  (see question 3)

President Obama’s approval rating among Texas Realtors dropped to 30%, down from 42% in the first quarter of 2010. In the current survey 54% “strongly disapproved” of the President’s performance and 16 “somewhat disapproved”. (see question 10)

Set forth below is the first quarter 2009 and 2010Texas home prices data with the first quarter 2010 national 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 2nd, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls

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HomeGain Releases 1st Quarter 2010 Texas Home Prices Survey Results

Earlier this week, HomeGain, one of the first companies to provide free instant home valuations online released the first quarter results of our nationwide survey of over 1,400 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 also published the complete national results and regional results including commentary of real estate professionals.

Yesterday we also published the results of the first quarter 2010 California home prices survey.

texas-state1

The Texas results reflect a far more optimistic view of the direction of home prices in the Lone Star State. Forty-one percentage of surveyed real estate agents and brokers believe that home values will increase in their state vs. 11% who believe they will decrease. This contrasts sharply with the national results where 23% think home prices will increase vs. 29% think that home prices will decrease.The national results of the first quarter survey of Realtors on home values painted a very pessimistic picture. The 1st quarter Texas survey data, however, revealed far less pessimism. In the second quarter the national results indicated some improvement in the housing market, while Realtors in Texas believed their markets to be relatively stable.

Texas home owners reduced their valuation expectations in the third quarter survey. Seventy-three percent of Texas homeowners in the third quarter believed their homes were worth either what their Realtors recommended or within 1-9% higher or lower vs. 45% who believed the same in the second quarter. (see question 2). In the fourth quarter 2009 Texas home prices survey, however, Texans started to think their homes were worth more than their Realtors were telling them with 36% percent thinking their homes are worth 10-20% more than the Realtor recommended listing prices vs. 23% who thought so in the third quarter. In the current survey 72% of Texas home owners believed their homes are worth more than their Realtors’ recommended listing price. (see question 2)

Sixty-six percent of home buyers in Texas now believe that home prices are either fairly priced or over valued by less than 10% , down from 69% who so believed in the fourth quarter of 2009. (see question 3)

Forty-one% of Texas real estate agents and brokers think home prices will increase over the next six months and 11% think that they will decrease. (see question 6)

President Obama’s approval rating among Texas Realtors dropped to 42% with 38% of Texas Realtors “strongly disapproving” and 20% “somewhat disapproving” of the President’s performance. (see question 10)

Set forth below is the first quarter 2009 and 2010Texas home prices data with the first quarter 2010 national 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 March 26th, 2010 under Home Prices, Home Values, HomeGain, HomeGain Market Data, Polls, Regional

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