HomeGain Releases 3rd Quarter 2010 National Home Prices Survey Results
Ninety percent of surveyed real estate professionals nationwide expect home prices to decrease or stay the same over the next six months; Nearly half "strongly disapprove" of Obama's performance as President.
HomeGain, one the first companies to provide free instant home valuations online, announced the results of its nationwide 2010 third quarter home prices survey based on the responses of over 1,100 current and former HomeGain members and 2,600 homeowners.
Real estate professionals and homeowners soured on the direction of home prices in the third quarter. Forty-eight percent of agents and brokers and 33 percent of homeowners think that home prices will decrease over the next six months.
This reflects an increase in the percentage of real estate professionals and homeowners who expect a decline in home prices from the second quarter HomeGain home prices survey. In that survey 33 percent of agents and brokers and 23 percent of homeowners expected home prices to decrease over the next six months.
Forty-two percent of homeowners, real estate agents and brokers think that home prices will remain the same in the coming six months.
The complete survey results with charts and real estate agent, broker and homeowner commentary can be found here:
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