top omaha real estate agents: 5 Things Homebuyers Need to Know when Making an Offer - 06/28/21 03:14 PM
When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer.
1. Know Your Numbers Having a complete understanding of your budget and how much house you can afford is essential. That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. Taking this step shows sellers … (1 comments)

top omaha real estate agents: Reasons to Sell Your House This Spring - 03/11/21 03:09 PM
When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re ready.
1. There’s high demand from homebuyers. Buyer demand is strong right now, and buyers are active in the market. ShowingTime, which tracks the average number of buyer showings on residential properties, recently announced that buyer showings are up 51.5% compared to this time last … (0 comments)

top omaha real estate agents: The Reason Mortgage Rates Are Projected to Increase and What It Means for You - 02/27/21 01:33 PM

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.
Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American:
“You know, the fallacy of economic forecasting is don't ever try and forecast interest rates and/or, more specifically, if you're a real estate economist mortgage rates, because you will always invariably be wrong.”
(1 comments)

top omaha real estate agents: What’s the Difference between an Appraisal and a Home Inspection? - 01/26/21 06:27 AM
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here’s the breakdown of each one and why they’re both important when buying a home.
Home Appraisal The … (0 comments)

top omaha real estate agents: How to Make the Dream of Homeownership a Reality This Year - 01/19/21 06:10 AM
In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where we can grow and flourish.
If you’re dreaming of buying a home this year, start by connecting with a local Omaha real estate professional to … (2 comments)

top omaha real estate agents: Why Right Now May Be the Time to Sell Your House - 01/14/21 06:23 AM
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.
According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. That’s not the case, however, on the supply side. Seller traffic is simply not keeping up. Here’s a breakdown by state:As the maps show, buyer traffic is high, but seller traffic is low. With so few homes for sale right now, record-low inventory is … (0 comments)

top omaha real estate agents: 4 Reasons People Are Buying Homes in 2021 - 01/12/21 06:17 AM
According to many experts, the Omaha real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward.
Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year. 
1. Record-Low Mortgage Interest Rates In 2020, the average interest rate for a 30-year fixed mortgage hit a record low 16 times, continuing to fall further below … (1 comments)

top omaha real estate agents: The Importance of Home Equity in Building Wealth - 01/07/21 06:42 AM
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted:
“Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is built, in large part, through the creation of equity…Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.”
Home equity is the difference between the current market value of your house and the amount you currently owe on your … (1 comments)

top omaha real estate agents: 3 Must-Do’s When Selling Your House This Year - 01/05/21 06:41 AM
It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.
When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.
1. Price Your … (1 comments)

top omaha real estate agents: Your House May Be High on the Buyer Wish List This Holiday Season - 11/27/20 06:32 AM
Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market this season, is the best choice you can make. This year, buyers want to purchase homes for the holidays, and your house might be the perfect match.
Here are seven great reasons not to wait to sell your house this holiday season:
1. Buyers are active now. Mortgage rates are historically … (1 comments)

top omaha real estate agents: Is Buying a Home Today a Good Financial Move? - 11/24/20 06:47 AM
There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with record-low mortgage rates, has skyrocketed the demand for home purchases.
This increase in demand, on top of the severe shortage of homes for sale, has also caused more bidding wars and thus has home prices appreciating rather dramatically. Some, therefore, have become cautious about buying a home right now.
The truth of the matter … (1 comments)

top omaha real estate agents: Will Mortgage Rates Remain Low Next Year? - 11/19/20 06:46 AM
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):
When you continually hear how rates are hitting record lows, you may be wondering: Are they going to keep falling? Should I wait until they get even lower?
The Challenge with Waiting The challenge with waiting is that you can easily miss this optimal window of time … (1 comments)

top omaha real estate agents: NEW LISTING! Omaha Home for Sale in Fair Meadows - 11/18/20 02:23 PM

 
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
 
Pre-Inspected and move-in ready - this well maintained 2 story home in the Elkhorn School District is sure to please. Unique floor plan with main floor family room with pine paneling and fireplace, upgraded 3/4 bath with a tile shower, and drop zone area off the garage. Second level offers three bedrooms, a full bathroom, additional living space, and an eat-in kitchen with laminate flooring and ample storage - all appliances included! Newer carpet and paint (2017) and furnace (2018). This beautiful home is situated on a quiet cul de sac … (4 comments)

top omaha real estate agents: Homes for Sale Are Rapidly Disappearing - 11/17/20 06:26 AM
Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained:
“While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low inventories combined with high demand due to record-low mortgage rates is sending buyers to the market in a flurry.”
However, one challenge for the housing industry heading into this winter is the dwindling number of homes available for sale. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), recently … (2 comments)

top omaha real estate agents: VA Home Loans: Helping Heroes Find a Home - 11/12/20 06:17 AM
Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.
As we consider the full impact of VA home loans, it’s important to both understand these great options for Veterans and to share them with those we know who may be able to benefit most. For a variety of different reasons, … (1 comments)

top omaha real estate agents: Is it Safe to Sell My House Right Now? - 11/10/20 06:49 AM
In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren’t enough homes available to buy to meet that growing need. This means now is the time to make a move so you can close the deal on your ideal terms.
Even in today’s strong sellers’ market, there are homeowners who are choosing not to sell due to ongoing concerns around the health crisis, financial uncertainty, and life in general. According to Zillow, here are the top three reasons homeowners who are thinking of selling … (1 comments)

top omaha real estate agents: NEW LISTING! Bellevue Home for Sale in Twin Ridge - 11/05/20 01:01 PM

 
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
 
PRE-INSPECTED. Great home in the heart of Bellevue. This home has everything you want with even more of what you need! Updates throughout including new carpet as well as laminate wood flooring on the main level, interior paint, many new light fixtures, ceiling fans, and fixtures. Spacious kitchen with granite countertops and a pantry, plue all appliances are included. Enjoy the cozy family room with a fireplace. So many more upgrades including new windows and sliding glass door with lifetime warranties, roof '20, furnace and AC '18, water heater '19, and … (7 comments)

top omaha real estate agents: Real Estate Is a Driving Force in the Economy - 11/05/20 06:36 AM
As the economy recovers from this year’s health crisis, the housing market is playing a leading role in the turnaround. It’s safe to say that what we call “home” is taking on a new meaning, causing many of us to consider buying or selling sooner rather than later. Housing, therefore, has thrived in an otherwise down year.
Today’s high buyer demand combined with low housing inventory means we’re seeing home prices appreciate at an above-average pace. This demand is being driven by those who want to take advantage of historically low mortgage rates. According to Freddie Mac:
“The record low mortgage … (1 comments)

top omaha real estate agents: Rent vs. Buy: How to Decide What’s Best for You - 11/03/20 07:51 AM
According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further.
While the best timeline to buy a home is different for everyone, the question remains: Should I continue renting or is it time for me to buy? The answer depends on your current situation and your future plans, so here are some thoughts to help you decide if you’re ready to own a home of your own.
1. Rent Will Continue to Increase This is … (0 comments)

top omaha real estate agents: Three Ways Low Inventory Is a Win for Sellers - 10/29/20 06:52 AM
Three Ways Low Inventory Is a Win for Sellers The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):
“There is no shortage of hopeful, potential buyers, but inventory is historically low.”
When the demand for homes is higher than what’s available for sale, it’s a great time for homeowners to sell their house. Here are three ways low inventory can help you win if you’re ready to make a move this fall.
1. Higher Prices With … (4 comments)

 
The Trumm Team Omaha Homes for Sale, Real Estate (Keller Williams Greater Omaha)

The Trumm Team Omaha Homes for Sale, Real Estate

Omaha, NE

More about me…

Keller Williams Greater Omaha

Address: 2514 S. 119 St, Omaha, NE, 68144

Mobile: (402) 943-9494

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog