Real Estate Showdown
Who’ll win this showdown between buyer and seller? Well, Northeast Realtors in this poll suggest buyers will keep the edge as 54% of those polled think local prices will fall in the next 6 months.
Here’s how 3 key questions were answered (rest of poll IS HERE!)
Buyers think listing prices are …
US
59% – Overpriced
18% – Fairly priced
23% – underpriced
West
51% – Overpriced
23% – Fairly priced
26% – Underpriced
Southeast
59% – Overpriced
15% – Fairly priced
26% – Underpriced
Midwest
63% – Overpriced
6% – Fairly priced
21% – Underpriced
Northeast
62% – Overpriced
18% – Fairly priced
20% – Underpriced
Realtos suggested price, owners think their home’s worth is……….
US
63% – Higher
14% – Equal
23% – Lower
West
54% – Higher
16% – Equal
30% – Lower
Southeast
67% -Higher
11% – Equal
22% -Lower
Midwest
62% – Higher
17% – Equal
21% – Lower
Northeast
72% – Higher
10% – Equal
18% – Lower
Realtors think in the next 6 months, prices in their towns will …
US
53% – Decrease
36% – Stay the same
11% – Increase
West
66% – Decrease
27% – Stay the same
7% – Increase
Southeast
52% – Decrease
36% – Increase
12% – Stay the same
Midwest
43% – Decrease
42% -Stay in the same
15% – Increase
Northeast
54% – Decrease
40% – Stay the same
6% – Increase
Your thoughts?
Source:HomeGain.com