66 Percent of Real Estate Agents Disapprove of President Obama

by Chicago Agent

A vast majority of agents disapprove of President Obama's performance, according to a new survey from HomeGain.

It’s election season, and polls seem to be more prevalent than the cherry trees in Washington, D.C., but a new Q2 2012 survey from HomeGain has some interesting findings for how the real estate community views the president – and it’s not good news for Mr. Obama.

Sampling more than 400 agents across the U.S., HomeGain found that 66 percent of agents disapproved of the President’s performance, with 53 percent strongly disapproving and 13 percent somewhat disapproving. The rating is consistent from the first quarter of 2012 and one percentage point higher than 2011’s second quarter.

The results were quite dramatic on a state by state basis:

  • Eighty percent of agents in Arizona disapproved of the President’s performance, as did 80 percent of Texas agents.
  • Ddisapproval was particularly high in Georgia (77 percent), Massachusetts (70 percent) and Pennsylvania (67 percent).
  • Approval was highest in Maryland and Virginia, where 50 percent of agents supported Obama’s performance.
  • Other states with relatively high performance levels included New York (42 percent), Florida (40 percent) and California (38 percent).

This is not the first time that HomeGain has uncovered flailing support for the President among real estate professionals; back in December, it reported that 34 percent of agents supported Republican candidate Mitt Romney for president, two percentage points more than those that supported President Obama.

But it’s not from lack of trying by the President. Since he took office in 2008, Obama has launched two mortgage programs, the HARP and HAMP initiatives, and has been actively campaigning for new programs in 2012. How do you feel about each candidate’s efforts to help the housing industry?

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