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By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wondered why the headlines don’t say the last 25 years, the last 20 years, or even the last 11 years? T...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 2
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains the more attractive option in ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will have on home values. Many of t...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed vie...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a h...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned about the concept of supply and demand, so we understand tha...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
For the last several years, buyer demand has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012. With this being said, three of the four major reports used to measure buyer activity ha...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Here are four great reasons to consider buying an Omaha home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to in...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of millennial homeowners, the homeow...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazin...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled b...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 – a 15%...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building per...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 2
Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: “The amount of a commodity, product, o...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced Omaha real estate profess...

Douglas County, NE Real Estate Professionals