December 2010

Found 3 blog entries for December 2010.

2604_s._87_ave._400Historically, District 66 / Westside has always been a great place to live! From some of the top rated schools in the state that consistently boast higher than average test scores, to the large, mature and centrally located neighborhoods.  District 66 is where you want to be!

District 66 homes have always held its resale well.  We are in a buyers market, but some neighborhoods in the Millard, Elkhorn, and Omaha Public School neighborhoods have experienced double digit depreciation in the last 2 years.  Homes in the Westside area haven't slid nearly as much. Our relocation statistics show that over the past 12 months depreciation city wide been 5-12%.  Westside home sales have hovered closer to that lower number. With national industry analysts

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Omaha has been getting some national attention the past two weeks.

Last week, Trulia.com recognized Omaha as a housing hot spot.  Due to a healthy economy and job market, it pointed to Omaha as one of ten real estate markets that will thrive next year.

And just this week, Omaha was ranked #2 in MarketWatch’s annual ranking of America’s best cities for business.  A diverse economy and strong job market was also an important factor in this ranking.

If you are thinking of starting a business, buying a home, or relocating, Omaha is the place to be.

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Are you considering buying a new home but are not sure if the time is right? While no external market forces can make it the right time for you, they can (or should) convince you to get the process started. Our market is experiencing two external forces that should make you contemplate a new property. For some time now, many buyers have been waiting and watching the interest rate market. Rates were great, and seemingly getting better. When was the right time to ‘catch the falling knife’? Most of 2010 was blessed with 30-year fixed interest rates between 4.25% and 4.75%. These rates are historic records. The Wall Street Journal (Dec. 8, 2010) reports:

Mortgage rates rose again last week to their highest level since July.
The 30-year fixed-rate

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