HomeGain 2010 Texas Prices Home Survey Results, Posted by: Louis Cammarosano on September 26th, 2010.
Below are a few key points, but well worth your time to ready the whole survey.
Texas real estate professionals and homeowners temper their home values expectations; Obama’s approval rating at 30%.
Fifty-seven percent of Texas real estate professional 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.
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.
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.
Texas homeowners also held a dim view of the President’s performance with just 31% approving.
http://blog.homegain.com/homegain/homegain-releases-3rd-quarter-2010-texas-home-prices-survey-results/
