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Florida real estate pros pessimistic on prices

Survey: Most expect prices to hold steady in Texas

CORRECTION: The secondary headline contained an error. Survey respondents said that about 15 percent of homes sold for more than the asking price in Texas -- higher than the share reported by respondents in Florida (12 percent) and California (8 percent).In the third quarter, Florida's real estate professionals are more pessimistic about the future of home prices than those in California or Texas, according to a survey by online real estate marketing site HomeGain. HomeGain conducted the survey from Sept. 7-14, with participation from more than 1,100 real estate agents and brokers. Of surveyed real estate professionals in Florida, 56 percent think home prices will decline in their market in the next six months, compared to 41 percent in California and 29 percent in Texas. Nationally, that figure was 48 percent. Of the three states, Texas had the biggest share who thought home prices would stay in the same in the next half-year, 57 percent; followed by California, 45 percent; and ...

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