top omaha realtors: What Are the Experts Saying about Mortgage Rates? - 03/23/17 06:25 AM
What Are the Experts Saying about Mortgage Rates? Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:
Laurie Goodman, Co-director of the Urban Institute’s Housing Finance Policy Center:
“In 1984, 1994, 2000, and 2013, every time we have rate increases, we have increases in nominal home prices. We expect this to be more pronounced, as there is a big demand-and-supply gap at the present time.”
Scott Anderson, Chief Economist for Bank of the … (2 comments)

top omaha realtors: 4 Great Reasons to Buy This Spring! - 03/21/17 06:00 AM
4 Great Reasons to Buy This Spring! Here are four great reasons to consider buying an Omaha home today instead of waiting.
1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8% over the next year.
The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase Freddie Mac’s Primary Mortgage Market Survey … (1 comments)

top omaha realtors: Which Homes Have Appreciated the Most? - 03/16/17 06:08 AM
Which Homes Have Appreciated the Most? Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.
The CoreLogic report broke down appreciation even further into four different price categories:
Lower Priced Homes: priced at 75% or less of the median Low-to-Middle Priced Homes: priced between 75-100% of the median Middle-to-Moderate Priced Homes: priced between 100-125% of the median High … (0 comments)

top omaha realtors: NEW LISTING! Multi-level Home for Sale in Prairie Pointe - 03/15/17 02:22 PM

BUY THIS HOME & HAVE NO PAYMENTS FOR UP TO 6 MONTHS, CALL 402-676-6700.
 
Exceptional multi-level home in Prairie Pointe is waiting for you. Come inside and discover the open floor layout with cathedral ceilings on main level and laminate wood flooring. The beautiful kitchen boasts oak cabinetry, subway tile backsplash and stainless steel appliances. Great family room on lower level features fireplace & wood blinds. Other updates include carpet, garage door and paint ‘15, AC ’14, roof ’13 and windows ’12, new light fixtures and tile entryway. Sprinkler system. 220 electrical in the garage. Super private backyard w/nice landscaping. This home … (4 comments)

top omaha realtors: How to Get the Most Money When Selling Your Home - 03/14/17 06:23 AM
How to Get the Most Money When Selling Your Home 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 reality, this just dramatically lessens the demand for their house (see chart below).

(1 comments)

top omaha realtors: NEW LISTING! Omaha Home for Sale in Southridge - 03/10/17 09:23 AM

BUY THIS HOME & HAVE NO PAYMENTS FOR UP TO 6 MONTHS, CALL 402-676-6700.
 
THIS IS IT, the home you have been hoping would hit the market! Come in to discover an absolutely stunning 3-bedroom home in South ridge. New carpet and fresh paint throughout. The large open kitchen has beautiful laminate flooring, a breakfast bar, and a pantry. Immaculately maintained & updated. Master bedroom has vaulted ceiling with two double closets and a great bathroom with skylight and a new shower. Lower level includes a family room with a beautiful wood burn fireplace. Enjoy the view of your large fenced backyard … (6 comments)

top omaha realtors: Housing Market Expected to “Spring Forward” - 03/09/17 07:20 AM
Housing Market Expected to “Spring Forward” Housing Market Expected to “Spring Forward” Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.
Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and … (3 comments)

top omaha realtors: Thinking of Selling? Do it TODAY!!! - 03/07/17 06:58 AM
Thinking of Selling? Do it TODAY!! That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist for the National Association of Realtors, said:
“Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home. … (3 comments)

top omaha realtors: Over Half of All Buyers Are Surprised by Closing Costs - 03/02/17 06:04 AM
Over Half of All Buyers Are Surprised by Closing Costs According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage.
After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees were than expected.
“Homebuyers reported being most surprised by mortgage insurance, followed by bank fees and points, taxes, title insurance and appraisal fees.”
Bankrate.com recently gathered closing cost data from lenders in every … (2 comments)

top omaha realtors: NEW LISTING! Omaha Home for Sale in Pacific Woods - 03/01/17 12:35 PM

BUY THIS HOME & WE WILL BUY YOUR HOME, CALL 402-943-9494.
 
Very impressive Mediterranean style ranch! Come inside and discover this spacious home with an open floor plan.  The split bedroom layout is great for privacy. The kitchen has gorgeous wood floors, birch cabinets, new lighting, granite counters with a large island, and a walk-in pantry. The great room has abundant natural light and a stacked stone fireplace. Convenient drop zone. In the lower level you will find a large family room with a wetbar, fourth bedroom, bonus room and plenty of storage. Extensive professional landscaping makes the backyard a tranquil oasis. … (7 comments)

top omaha realtors: How Long Do Most Families Stay in Their Home? - 02/28/17 06:20 AM
How Long Do Most Families Stay in Their Home? The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.
Why the dramatic increase? The reasons for this change are plentiful!
The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where … (2 comments)

top omaha realtors: The Impact of Homeownership on Family Health - 02/23/17 05:58 AM
The Impact of Homeownership on Family Health The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:
“Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes.”
Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on the health of family members. Here … (0 comments)

top omaha realtors: Access: A Key Component in Getting Your House SOLD! - 02/21/17 06:06 AM
Access: A Key Component in Getting Your House SOLD! So, you’ve decided to sell your house. You’ve hired an Omaha real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers.
There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to your agent so that he or she can show your home.
Here are five levels of access that you can give to … (0 comments)

top omaha realtors: The Great News About Rising Prices for Homeowners - 02/16/17 06:02 AM
The Great News About Rising Prices for Homeowners Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.
The great news about rising prices, however, is that according to CoreLogic’s US Economic Outlook, the average American household gained over $11,000 in equity over the course of the last year, largely due to home value increases.
The map below was created using … (1 comments)

top omaha realtors: NEW LISTING! Omaha Home for Sale in Park Plaza - 02/15/17 06:12 AM

BUY THIS HOME & HAVE NO PAYMENTS FOR UP TO 6 MONTHS, CALL 402-676-6700.
 
A beautiful haven that is a block from Midtown Crossing at a third of the price. Come and discover this open layout home with gorgeous hardwood floors. The beautiful kitchen has granite countertops with stainless steel appliances. Large living space. Modern lighting, tile, and shaker cabinets throughout. This building features a newly remodeled fitness room, lounge, and kitchenette all on the 2nd floor; plus rooftop patio, underground parking, and an amazing skyline view of downtown and midtown. The building has security doors at the entrance and on each … (1 comments)

top omaha realtors: First Comes Love… Then Comes Mortgage? - 02/14/17 06:45 AM
First Comes Love… Then Comes Mortgage? According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.
But, many couples are also deciding to buy a home before spending what would be a down payment on a wedding, as unmarried couples made up 14% of all first-time buyers last year.
If you’re single, don’t fret! Single … (0 comments)

top omaha realtors: Buyers Are Searching For Your House - 02/09/17 07:13 AM
Buyers Are Searching For Your House The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year for sales in a decade.
The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction … (3 comments)

top omaha realtors: NEW LISTING! Omaha Home for Sale in Whitehawk - 02/07/17 11:35 AM

BUY THIS HOME & HAVE NO PAYMENTS FOR UP TO 6 MONTHS, CALL 402-676-6700.
 
Pre-inspected! Beautiful split entry in Whitehawk Village with open concept floor plan. Spacious and lovely eat-in kitchen with granite countertops, upgraded cabinets, stainless steel appliances and a reverse osmosis water filter installed. The bright living room has a beautiful gas fireplace perfect for curling up in front of on chilly nights. Relax on your warm master suite with gorgeous master bath. Other features of this magnificent home include deck, extra deep garage, and security system. No maintenance – Lawn care, snow removal and exterior paint are handled for … (5 comments)

top omaha realtors: Homeownership Offers Stability and Wealth Creation - 02/07/17 06:27 AM
Homeownership Offers Stability and Wealth Creation The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:
They want the opportunity to build equity. They want a stable and safe environment. Building Equity In a recent article by The Mortgage Reports, they report that “buying and owning a home is the essence of ‘The American Dream.’ Each month, your housing payments go toward owning your home instead of renting it; building your personal wealth and assets instead of someone else’s.
History has shown that homeownership is … (2 comments)

top omaha realtors: Here are 5 Reasons to Sell Before Spring! - 02/02/17 05:57 AM
No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring! 
Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season.
Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.
Here are five reasons to sell now. 1. Demand is Strong  Foot traffic … (1 comments)

 
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