Zillow released their real estate market report for the fourth quarter of 2008.

The findings showed that for the eighth quarter in a row property values dropped; the decline was 11.6% over the last year and a total of 17.5% since the market peaked in 2006. Foreclosures made up 20% of all sales.

Although Omaha, NE is not one of the markets tracked, Lincoln, NE is. Check out the Lincoln data, as Lincoln and Omaha are similar markets.

Troy Trumm, Trumm Team - 402-943-9494, Omaha NE

Omaha Homes for Sale

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Troy Trumm, Trumm Team - 402-943-9494, Omaha NE
Omaha Homes For Sale
Omaha Real Estate
 
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2 Comments on Zillow Real Estate Market Report

MAR
09

Troy - Do you feel the Omaha market is tracking in these same statics?  How different do you think it here?

12:55am • #1
274,880 Points Outside Blog

Kim,

I don't think the Omaha market is as bad but sales and property values here are down and foreclosures are up.

Troy Trumm

8:57am • #2

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