top omaha realtors: Why Pre-Approval Should Be Your First Step - 01/17/17 06:08 AM
Why Pre-Approval Should Be Your First Step In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.
Even if you are in a market that is not as competitive, knowing your budget will give you the confidence of knowing if your dream home is within your reach. 
Freddie Mac lays … (0 comments)

top omaha realtors: Is This the Year to Move Up to Your Dream Home? If So, Do it Early - 01/12/17 06:52 AM
Is This the Year to Move Up to Your Dream Home? If So, Do it Early It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys:
The University of Michigan Consumer Sentiment Index National Federation of Independent Businesses' Small Business Optimism Index CNBC All-America Economic Survey The Conference Board Consumer Confidence Survey It usually means good news for the housing market when the country sees an optimistic future. People begin to dream again about the home their family has always wanted, and some make … (1 comments)

top omaha realtors: You Need a Professional on Your Team When Buying a Home - 01/11/17 07:06 AM
You Need a Professional on Your Team When Buying a Home Many people wonder whether they should hire an Omaha real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional!
You Need an Expert Guide if You Are Traveling a Dangerous Path The field of real estate is loaded with land mines; you need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and is ready for you to … (0 comments)

top omaha realtors: NEW LISTING! Bellevue Home for Sale in Quail Creek - 01/10/17 07:31 AM

BUY THIS HOME & HAVE NO PAYMENTS FOR UP TO 6 MONTHS, CALL 402-676-6700.
 
WOW, what an incredible tri-level in Quail Creek! Come in to discover tasteful designer paint colors, attractive wood laminate floors, a bright family room with a wood burning fireplace, a kitchen with newer counters and gorgeous cabinets, a master suite with his and her closets, and newer bathroom with roll-out cabinet shelves. The basement is perfect as a rec room or an office with new carpet. Other features include: 8 x 12 shed, sprinkler with rain monitor, new windows, radon mitigation, water softener and security system. Beautiful landscaping … (5 comments)

top omaha realtors: Millionaire to Millennials: Buy a Home! - 01/05/17 06:47 AM
Millionaire to Millennials: Buy a Home!! Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is "the single biggest mistake millennials are making" because buying an Omaha real estate is "an escalator to wealth.”
Bach went on to explain:
"If millennials don't buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter."
In his bestselling book, “The Automatic Millionaire,” Bach does the math:
"As a renter, you can easily spend half a million … (1 comments)

top omaha realtors: Inadequate Inventory Driving Prices Up - 01/03/17 07:01 AM
Inadequate Inventory Driving Prices Up The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices.
We are all familiar with the concept of supply and demand. As the demand for an item increases the supply of that same item goes down, driving prices up.
Year-over-year inventory levels have dropped each of the last 18 months, as inventory now stands at a 4.0-month supply, well below the 6.0-month supply needed for a ‘normal’ market.
The median price of homes sold in November (the latest data available) was … (1 comments)

top omaha realtors: Start 2017 Off Right… List Your House for Sale - 12/29/16 06:27 AM
Start 2017 Off Right… List Your House for Sale As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s market” to list their house. In the past, that might have made sense. However, this winter is not like recent years.
The recent jump in mortgage rates has forced buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! … (1 comments)

top omaha realtors: Top 5 Reasons You Should Not For Sale By Owner - 12/27/16 06:37 AM
Top 5 Reasons You Should Not For Sale By Owner In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.
Here are the top five reasons:
1. Exposure to Prospective Buyers Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most Omaha … (2 comments)

top omaha realtors: The Fed Raised Rates: What Does that Mean for Housing? - 12/22/16 06:14 AM
The Fed Raised Rates: What Does that Mean for Housing? The Fed Raised Rates: What Does that Mean for Housing? You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?
Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund's target rate at their December meeting. For only the second time in a decade, this is exactly what happened.
There were many factors that … (2 comments)

top omaha realtors: 2 Tips to Ensure You Get the Most Money When Selling Your House - 12/20/16 06:12 AM
2 Tips to Ensure You Get the Most Money When Selling Your House Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.
1. Price it a LITTLE LOW  This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house … (0 comments)

top omaha realtors: The #1 Reason to Sell Now… Not Next Spring - 12/15/16 06:11 AM
The #1 Reason to Sell Now… Not Next Spring The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2016:

Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.
Bottom … (0 comments)

top omaha realtors: NEW LISTING! Two-Story Omaha Home for Sale in Harrison Park - 12/13/16 07:00 AM

BUY THIS HOME & WE WILL BUY YOUR HOME, CALL 402-943-9494.
 
The beautiful home you have been waiting for. Come inside to discover this 2-story home with gorgeous kitchen in cherry hardwood floor and cherry cabinets, kitchen island with breakfast bar, walk-in pantry and stainless steel appliances. The living room and the granite-front fireplace are perfect for cold winter nights. Relax in your own master suite with deluxe shower and dual vanity and large walk-in closet. Other features include bonus room on 2nd floor perfect for an office or library, raised ceilings, window blinds, 10x12 deck and large backyard. Unfinished basement is … (5 comments)

top omaha realtors: Home Prices: Where Will They Be in 5 Years? - 12/13/16 06:10 AM
Home Prices: Where Will They Be in 5 Years? Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.
Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.
The results of their latest survey: Home values will appreciate by 4.0% over the course of 2017, 3.2% in 2018 and 3.0% … (0 comments)

top omaha realtors: Selling in the Winter Attracts Serious Buyers - 12/08/16 06:24 AM
Selling in the Winter Attracts Serious Buyers A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.
It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for Omaha real estate. What is surprising, though, is that listing during the winter came in … (1 comments)

top omaha realtors: 4 Reasons to Buy Your Dream Home This Winter - 12/06/16 06:46 AM
4 Reasons to Buy Your Dream Home This Winter As the temperature in many areas of the country starts to cool down, you might think that the housing market will do the same. This couldn’t be further from the truth! Here are 4 reasons you should consider buying your dream Omaha home this winter instead of waiting for spring!
1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.3% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.2% over the next … (1 comments)

top omaha realtors: 5 Reasons Why Homeownership Is a Good Financial Investment - 12/01/16 06:05 AM
5 Reasons Why Homeownership Is a Good Financial Investment According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension. But, does that make sense from a financial perspective?
In the report, Ralph McLaughlin, Trulia’s Chief Economist explains:
“Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run … (2 comments)

top omaha realtors: 5 Reasons to Hire a Real Estate Professional When Buying & Selling! - 11/29/16 06:08 AM
5 Reasons to Hire a Real Estate Professional When Buying & Selling! Whether you are buying or selling a home, it can be quite an adventurous journey; you need an experienced Omaha Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.
The 5 Reasons You NEED an Omaha Real Estate Professional in your corner haven’t changed, but rather have been strengthened, due to the projections of higher mortgage interest rates & home prices as the market continues to pick … (0 comments)

top omaha realtors: Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC] - 11/25/16 06:11 AM
Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC] Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43% of homes on the market for less than a month. A limited supply continues to drive up prices for the 56th consecutive month.  
(1 comments)

top omaha realtors: Winter Is Coming… 5 Reasons to Sell Now! - 11/21/16 10:23 PM
Winter Is Coming… 5 Reasons to Sell Now! People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their house now or wait.
If you are one of these potential sellers, here are five important reasons to sell now instead of in the dead of winter. 1. Demand Is Strong The latest Realtors’ … (1 comments)

top omaha realtors: From Empty Nest to Full House… Multigenerational Families Are Back! - 11/16/16 10:14 PM
From Empty Nest to Full House… Multigenerational Families Are Back! Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigenerational homes dropped to as low as 12% in 1980 but has shot back up to 19%, roughly 60.6 million people, as recently as 2014.
Multigenerational households typically occur when adult children (over the age of 25) either choose to, or need to, remain living in their parent’s home, and then have children … (1 comments)

 
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The Trumm Team Omaha Homes for Sale, Real Estate

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