boston-real-estate-standoff

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

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