top omaha realtors: Taking Advantage of Homebuying Affordability in Today’s Market
- 07/08/20 06:21 AM
Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase.
There are three main factors that go into determining how affordable homes are for buyers:
Mortgage Rates Mortgage Payments as a Percentage of Income Home Prices The National Association of Realtors (NAR), produces a Housing Affordability Index, which takes these three factors into account and determines an overall … (1 comments)
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top omaha realtors: NEW LISTING! Omaha Home for Sale in Hargle Road
- 05/28/20 10:01 AM
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
PRE-INSPECTED! Move-in ready ranch home with 3 bedrooms, 2 bathrooms, and a detached garage. Neutral colors and newer carpet throughout. Contemporary eat-in kitchen with updated cabinets with amazing storage, new hardware and fixtures, plus stainless steel appliances - all included. The living room features a built-in entertainment center perfect for keeping your electronics organized and out-of-sight when not in use. The finished basement includes a rec room, 3/4 bath, and laundry - washer and dryer included! In back is a deck, patio and a large fully fenced yard. Pre-Inspected with HMS Warranty … (6 comments)
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top omaha realtors: Economists Forecast Recovery to Begin in the Second Half of 2020
- 05/28/20 06:27 AM
With the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are becoming more aligned on when the recovery will begin.
According to the latest Wall Street Journal Economic Forecasting Survey, which polls more than 60 economists on a monthly basis, 85.3% believe a recovery will begin in the second half of 2020 (see graph below):There seems to … (2 comments)
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top omaha realtors: Buying or Selling a Home? You Need an Expert Kind of Guide
- 05/26/20 06:48 AM
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer.
We are, however, in anything but a normal market right now. We are amid one of the greatest health crises our nation has ever seen. The pandemic has had … (0 comments)
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top omaha realtors: 6 Reasons Why Selling Your House on Your Own Is a Mistake
- 05/21/20 06:23 AM
There are many benefits to working with an Omaha real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following:1. Your Safety Is a PriorityDuring this pandemic, your family’s safety comes first. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional will have the proper protocols in place to protect not … (2 comments)
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top omaha realtors: Housing Market Positioned to Bring Back the Economy
- 05/19/20 06:14 AM
All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to be that driving force, the tailwind that is necessary. Some may question that assertion as they look back on the last recession in 2008 when housing was the anchor to the economy – holding it back from sailing forward. But even then, the overall economy did not begin to recover until the real estate market … (1 comments)
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top omaha realtors: Will the Housing Market Turn Around This Year?
- 05/14/20 06:19 AM
Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If you’re trying to figure out what’s going to happen and how to play your cards this year, you’re not alone. This spring in the 2020 NAR Flash Survey: Economic Pulse, the National Association of Realtors (NAR) has been tracking the behavior changes of homebuyers and sellers. … (2 comments)
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top omaha realtors: Will Home Values Appreciate or Depreciate in 2020?
- 05/12/20 06:16 AM
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month the National Association of Realtors (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for the REALTORS Confidence Index. Their latest edition sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand) during this pandemic.Buyer DemandThe map below was created after … (2 comments)
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top omaha realtors: NEW LISTING! Omaha Home for Sale in Northampton Court
- 05/07/20 09:31 AM
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
Open house Saturday 5/9 11:00 - 1:00. PRE-INSPECTED! Charming 2 story town home with 2 bedrooms and 2 bathrooms. This end unit also includes a one car garage. Eat-in kitchen with wood floors and ample cabinet space for storage. Updated main level bath is white and bright. 2 sizable bedrooms on the 2nd floor with large closets and ceiling fans. Incredibly remodeled full bathroom with quartz counter, double sinks, newer lighting and a beautiful tile shower. The lower lever includes a family room and an extra large storage room. Well maintained grounds with … (8 comments)
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top omaha realtors: Why Home Equity Is a Bright Spark in the Housing Market
- 05/07/20 06:13 AM
Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more increase their employment opportunities. Breaking down what unemployment means for homeownership, and understanding the significant equity Americans hold today, are important parts of seeing the picture clearly when sorting through this uncertainty. One of the biggest questions right now is whether this historic unemployment rate will … (0 comments)
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top omaha realtors: U.S. Homeownership Rate Rises to Highest Point in 8 Years
- 05/05/20 06:03 AM
For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time at home, highlighting the feeling of security that comes with having a much-needed safe place for our families to live. The latest results of the Housing Vacancy Survey (HVS) provided by the U.S. Census Bureau shows how Americans place immense value in homeownership, and it is … (1 comments)
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top omaha realtors: NEW LISTING! Omaha Home for Sale in Spring Lake Park
- 05/04/20 01:50 PM
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
NEW LISTING! Well maintained, move in ready two story home just a stones throw from Spring Lake Park. Newly painted interior with tall ceilings, original wood trim and wood floors throughout. Updated eat-in kitchen with new flooring, cabinets, and granite counter tops. Large formal dining room and half bath off the kitchen, perfect for guests! All bedrooms located on the 2nd floor with large closets and wood floors. Newly painted exterior with covered porch. New furnace, AC and water heater - all in 2018. Fully fence yard with covered deck, wooded … (7 comments)
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top omaha realtors: NEW LISTING! Charming Home for Sale in Beaver Lake
- 05/01/20 09:26 AM
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
PRE-INSPECTED. Amazing views offered with this lake community home! Bright and open with neutral colors. The main floor boast new bamboo hardwood flooring, updated trim, skylights and vaulted ceilings. The master bedroom has a full master bath including shower and jetted tub. French doors lead into the office which features a fireplace with new mantle and hearth pad, plus a great view for when you want to take a break from your work. Main floor laundry for your convenience. Updates throughout including roof and leaf guard gutters '18 (still under warranty), … (5 comments)
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top omaha realtors: NEW LISTING! Omaha Home for Sale in Maenner Westbrook
- 05/01/20 06:22 AM
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4,000 TO $7,000! CALL 402-676-6700.
Charming ranch home in desirable District 66. Bright and neutral with beautiful wood floors throughout the main level. Eat-in kitchen with ample storage, all kitchen appliances included! Full basement with family room, 3/4 bathroom, and 2 bonus rooms great for an office or non-conforming bedrooms. One car garage with an extra wide driveway. This corner lot is fully fenced with a large patio, parking pad for a boat or camper, shed, apple tree and room to run! Great location just across the street from Hillside Elementary and Boys & Girls Club. HMS … (5 comments)
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top omaha realtors: Buying a Home Right Now: Easy? No. Smart? Yes.
- 04/30/20 06:31 AM
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:
“The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of an upswing, however.”
Why would people be setting appointments to look at prospective homes when the process of purchasing a home has become … (0 comments)
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top omaha realtors: NEW LISTING! Omaha Home for Sale in Tiburon South
- 04/29/20 11:30 AM
RECEIVE $7,000 TO $17,000 AT CLOSING WHEN BUYING A HOME. CALL 402-676-6700 NOW BEFORE THIS PROGRAM ENDS!
PRE-INSPECTED - Amazing ranch home in an upscale golf community. This home has a space for everyone with its unique, spacious layout and elegant colors and features. Five total bedrooms with three on the main, each with abundant storage space. This master suite is one you may never want to leave with a cozy fireplace, full bathroom with jetted tub, and walk-in closet/dressing room with built in storage. The lower level is great for entertaining and features a wet bar, reclaimed wood accents, theater space, … (5 comments)
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top omaha realtors: Rise to the Top of the Pool by Selling Your House Today
- 04/28/20 06:35 AM
With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers.
Lawrence Yun, Chief Economist at NAR, noted:
“The housing market faced an inventory shortage before the pandemic. Given that there are even fewer new listings during the pandemic, home sellers are taking a calm approach and appear unwilling to lower prices to attract buyers during the temporary disruptions … (2 comments)
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top omaha realtors: Keys to Selling Your House Virtually
- 04/23/20 06:23 AM
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you need to sell your house now, what virtual practices should you use to make sure you, your family, and potential buyers stay safe in the process?
In today’s rapidly changing market, it’s more important than ever to make sure you have a digital game … (1 comments)
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top omaha realtors: Will This Economic Crisis Have a V, U, or L-Shaped Recovery?
- 04/21/20 06:12 AM
Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover?
Let’s look at the possibilities. Here are the three types of recoveries that follow most economic slowdowns (the definitions are from the financial glossary at Market Business News):
V-shaped recovery: an economic period in which the economy experiences a sharp decline. However, it is also a brief period of decline. There … (0 comments)
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top omaha realtors: Today’s Homebuyers Want Lower Prices. Sellers Disagree.
- 04/16/20 06:41 AM
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some buyers to search for a better deal on a home. Sellers, however, aren’t offering a discount these days; they’re holding steady on price.
According to the most recent NAR Flash Survey (a survey of real estate agents from across the country), agents were asked the following two questions:
1. “Have any of your … (0 comments)
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Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window of time to make a purchase.
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