Real Estate News from Popular Nebraska Cities

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Real Estate News from Popular Nebraska Counties

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confide...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate con...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
The residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost 10%. The increase in purchasing activity has caused home price appreciation to begin reaccel...

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 begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 2
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor. Freddie Mac explains: “If you’re in the market to ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reporte...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeow...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
The success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now rolling in, it’...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase ...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for rente...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 2
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfull...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 0
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According t...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 2
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the h...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 5
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mor...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an interest in the market for some key upgrades. Here’s a lo...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most c...

By The Trumm Team Omaha Homes for Sale, Real Estate
(Keller Williams Greater Omaha)
Comments 1
According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well wit...

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