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Survey: Home values trump for-sale listings

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Gauging home values is a high priority for consumers visiting real estate sites, followed by finding for-sale homes, monitoring price trends, searching for a real estate agent, and finding financing, according to a study conducted for operator Move Inc. The study, based on interviews conducted from Oct. 10-12 by research company GfK Custom Research America, concluded that 61.5 percent of consumers visit online real estate Web sites to find home values. Meanwhile, 60.9 percent use the sites to locate for-sale homes and 53.3 percent use them to view price trends. About 81.6 percent of respondents said that the availability of affordable mortgages is a serious problem for home buyers. About 28.5 percent of respondents said that the election of a new president will help to instill confidence in the housing market, followed by a decline in the foreclosure rate (24.1 percent) and a rise in available mortgage credit (19.9 percent). And 50 percent said the incoming presi...