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By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in April, as 57% of homes were on the market for under a month. NAR’s Chief Economist, Lawrence Yun, had this to say, “What is a...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
The new tax code limits the deduction of state and local property taxes, as well as income or sales taxes, to a total of $10,000. When the tax reform legislation was put into law at the beginning of the year, some experts felt that it could have a negative impact on the luxury housing market. Ca...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
So, you’ve been searching for that perfect house to call a ‘home,’ and you’ve finally found it! The price is right, and in such a competitive market, you want to make sure that you make a great offer so that you can guarantee that your dream of making this house yours comes true! Below are 4 ste...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes. What’s a Starter Home? According to the National Association of Realtors (NAR), simply put, ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Here are five reasons listing your Omaha home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, wil...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need an Omaha real estate agent and believe that they can save the fee for the services a real estate agent off...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see how...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true.Where are home values today compared to the beginning of the year?While rates have b...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 3
The famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe homeownership in America today. The Census revealed that the percentage of homeowners in America has been steadily climbing back up since hitting...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fifth year in a row, real estate has come out on top as the best long-term inve...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home va...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller pr...

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 6.7% 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
A new study by WalletHub used “30 key metrics, ranging from share of millennials to millennial unemployment rate to millennial voter-turnout rate” to find out which states are the ‘Best States for Millennials.’ The Top 5 Best States for Millennials are: Washington, D.C. (also ranks highest in pe...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Thinking of Selling Your Home? Why You Need A Pro in Your Corner With home prices on the rise and buyer demand strong, some sellers may be tempted to try and sell their homes on their own (FSBO) without using the services of an Omaha real estate professional. Real estate agents are trained and e...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
It’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 states, and Washington, D.C. States in the Midwest came out o...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a y...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
  There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar am...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.The BH&J Index is a quarterly report that attempts to answer the q...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount of a commodity, product, or service available and th...

Douglas County, NE Real Estate Professionals