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At Home Nov 08
At Home- November 2008
Real estate is a cyclical business.  Every year the number of home sales decreases as both buyers and sellers start focusing on the coming holiday season.  That doesn't mean people don't think about real estate.  As people gather for Thanksgiving, company holiday parties, and Christmas, at some point the conversation turns to real estate.  Maybe it's your partner saying, "Our house is too small" or an in-law saying, "When are you going to buy a home".  This time of year is the starting point for next year's real estate market.  The national media has a doom and gloom outlook for real estate.  However, real estate is ultimately a local market.  In Omaha, real estate values are remaining somewhat steady.  The number of home buyers has decreased over the past year which means prices are down slightly.  Just remember, the next time someone asks you about buying or selling a home, real estate is local and homes are selling, home values are stabilizing, and Omaha is a great place to buy a home and raise a family. 
Mortgage update:
As a home buyer would you rather wait for home prices to fall 5%, while mortgage interest rates climb ... more

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