Tuesday, August 25, 2009

Survey finds Realtors hopeful

One question is on the minds of everyone in the market to buy a home: Will home prices continue to fall? Homebuyers may get conflicting advice. About 46 percent of the nation's real estate agents think home prices will stay the same during the next six months, according to a report released Monday from California-based HomeGain. The report shows that 31 percent of agents think prices will decrease, and 23 percent think prices have hit the bottom and will start to increase. Agents seem to be getting more optimistic. The first quarter survey showed just 11 percent expected prices to increase during the next six months. By the second quarter, that number had jumped to 22 percent. HomeGain surveyed more than 1,000 agents across the country this month.

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