Omaha, Nebraska Contributed by David Matney with Alliance Real Estate
I would like to thank David Brown, President and CEO of the Omaha Chamber of Commerce for taking his time to speak with a select group of Realtors in the Omaha area today. As a community we are extremely fortunate to have someone of his caliber at the helm of our chamber. Most folks do not realise the time and effort the Chamber takes to lure in business and economic development in the Omaha area.
Economic development has a direct impact on our local real estate market and the livelihood of local Realtors. Every time a job is created, it stimulates the real estate market in some way. More than anything else, jobs are the most important factor in a real estate market. Interest rates are important but they fall far behind jobs. Lose jobs and a buyer is completely removed from the real estate transaction. Interest rates will only effect how much a person can buy, lose a job and a home buyer can not buy a home at all.
David spoke today on economic development in North Omaha and some of the strategies the Chamber employs to differentiate Omaha from other cities competing for corporate relocation. Many of these creative strategies have been used to stimulate the relocation of several space and defense contractors to the Sarpy County Area near Bellevue. It is really an exciting time in Omaha and folks not from our area may not realise all of what we have to offer.
Thanks,
David Matney
Alliance Real Estate
Good point regarding the importance of jobs over interest rates when it comes to the Omaha real estate market.
Troy Trumm - Alliance Real Estate, Omaha, NE
The Trumm Team
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