Omaha Real Estate Foreclosures
A recent report from a research firm stated that Nebraska had one of the lowest rates of foreclosures in the United States in 2011.
As active Broker owners of RE/MAX The Producers we found this to be true in Omaha. Yes we have some foreclosures, but not that many especially when come to upper scale homes.
Approximately one percent of Nebraska homes were in the foreclosure process by the end of 2011 which is the fourth lowest rate in the United States. The national foreclosure rate was 3.4 percent by the end of 2011 because 1.4 million homes were in the foreclosure process.
Omaha Nebraska is likely has the highest percentage of foreclosures but our market is reasonably strong and offers many great buys. With today' interest rates at an all time low now is a great time to purchase your new home. Whether you're buying your first home, second home, or getting ready to downsize, now is a great time.
Homes in the Omaha real estate market are selling reasonably fast if they are well maintained and priced accurately. If you're a seller or a buyer on the fence, now is a great time to jump the fence.
Don and Valerie Keeton
RE/MAX The Producers of Omaha Nebraska
402-496-3700
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