(00)-11--Survey Central--11-(00) - Post any survey suggestions here...

NEW -> Contingent Buyer Assistance Program
I will recap here the last survey ended 2/20/2007:

Updated! - 2/20/2007, 12:56 pm

There were 53 visits and 37 completes.

The final survey results are in! There were a big whoppin' 37 responses (THANKS!!) so this not a big enough data set to base anything! But here is goes anyway... There were three questions on the survey:

1. Please state the approximate range of your liquid net worth in taxable accounts or trusts (i.e. outside of retirement accounts such as IRAs/401(k)/Roth-IRAs, outside of children's education funds such as 529's etc., and any qualified medical reimbursement accounts such as HSA etc.).

28% - less than $100,000

36% - $100,000 to $250,000

33% - over $250,000

3% - Other: $3.2 M 1031 trust, savings

2. If you were to purchase a house in the near future, what would be the approximate value of your down payment?

22% - less than $50,000

11% - More than $50,000, but less than $100,000

25% - More than $100,000, but less than $150,000

6% - More than $140,000, but less than $250,000

31% - More than $250,000

6% - Other i.e. (1) "The diff betw price and a $500,000 mortgage" and (2) "dependent upon house, looking for payment"

3. With your down payment in mind, what is the range of house values that you would consider purchasing?

19% - None, I am a bubble sitter

8% - $450,001 - $550,000

16% - $550,001 - $650,000

11% - $650,001 - $750,000

24% - $750,001 and above

3% - Other: "1mil -> 2mil"
 
crucialtaunt,

How about a poll on the future of home prices.

1. how much will median home prices decline from last June's peak in OC of $642,000?

0% - there is no bubble, prices will rise

0%-10%

10%-20%

20%-30%

30%-40%

40%-50%

>50%

2. In what year will prices bottom?

2007

2008

2009

2010

2011

2012 or later

3. (fill in the blank) what will the median drop to, and when will it do it. (I would like to see these answers for reference.)

Use the answers to provide a statistical mean price decline and date (e.i. the median will decline 27% to a value of $468,660 in the 2nd quarter of 2009 based on questions 1 and 2)
 
I think it would be interesting to get people's feeling as to the desireability of the different parts of Irvine. different OC cities?
 
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