I’m certain you’ve seen the headlines lately declaring that the housing crisis is finally over. Most articles I’ve read give national figures for housing activity. The real wisdom concerning real estate statistics is that it differs from one locale to another. So how is our Omaha marketing faring?
It has never been my style to predict economic trends. I leave that to the pundits. However, looking at the Omaha market area statistics provided by the Great Plains Realtors’ Multiple Listing …
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Blog Post 3: August 27, 2012
I admit it openly: I’m a big picture idealist. I believe that I first must think well of people and let them prove me wrong. I believe that the work I engage in should matter and be a blessing to others. And I believe, without question, that every person should have a home. Whether they rent or own, people need a place to feel at home in.
Because I believe these things to be …
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When asked what constitutes the American Dream 67% of Americans state that owning and living in their own home is the most important aspect. We dreamers here in Nebraska do not feel differently; home ownership is very important. The National Association of Realtors (NAR) has studied the issue and have come up with some facts that should interest those who own and home and those looking to own one. Here they are:
- Home owners are happier and healthier and enjoy
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If a neighbor’s tree falls, and no one is there to hear it, do you pay for the damage?
Severe weather can cause home owners to hold their breath. Heavy winds or storms can snap mature trees and you may have to cover the bill. Check out this article from www.houselogic.com to learn more about your liability.
http://www.houselogic.com/home-advice/home-insurance/tree-fall-property-line/
It’s always a good idea to check with your insurance agent with any questions concerning topics like this. If you need a …
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CBSHOME Real Estate proudly announces our new market update powered by the CBSHOME Research Center. So why did we embark on this project? Joe Valenti, CEO and President of CBSHOME Real Estate explains “With CBSHOME being the leading real estate company in our community, we felt it important to provide the best possible local housing information for our customers!! The housing economy in Omaha is much better than what you read on a national basis and we want our customers …
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The latest housing report data shows some promise for Omaha’s new construction segment. Joe Valenti, CEO/President of CBSHOME Real Estate notes, “We are seeing good activity in the new construction area with buyers choosing to buy new versus existing even though there may be a price difference for the same square footage. Buyers are wanting the features’ which are available in new that are not always available in existing homes.”
A strong track record this past building season shows good …
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To Rent or Buy…That is the Question:
The National Association of Realtors recently published a report that, in part, states the majority of renters would prefer to be homeowners. That might seem logical, but less than a year ago only 63% of renters felt this way…that’s little more than half!
To date there is a 9% jump in home ownership interest. Most renters agree that home ownership is an important step to building long term wealth. Concerns about security and …
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Winston Churchill: I am an optimist. It does not seem too much use being anything else.
Sitting on the fence? Trying to decide if it’s the right time to buy a house?
CNN reporter Cindy Crowley interviewed the Secretary of Housing and Urban Development, Shaun Donovan. He made some good points:
- Foreclosures have declined 40% from last year
- Housing prices are at their lowest in 20 years
- Qualified buyers can purchase their homes at historically low interest rates that have
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Uncertainty as to whether prices will continue to fall has to be one of the most common causes of buyer procrastination. Paying too much wouldn’t be a smart thing but price isn’t the only factor to consider. Interest rates have as much effect on housing costs as price.
A small increase in mortgage interest rates can offset a significant drop in home prices. If the price of the home were to come down by 5% but the interest rates were …
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Season’s come and season’s go and I believe we’re all ready to say goodbye to another winter!
Soon we’ll see flowers bloom, lawn mowers roaring and BBQ’s burning. How does that affect the housing market you ask? Well, why it does probably has many reasons as an answer but, the fact is…with the arrival of blooms the ending of “hibernation” and “cabin fever” typically stimulates the sales activity in the housing industry.
This is certainly true in Omaha, Nebraska. We …
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