If you are thinking about buying a home in 2021, there are a few things you should be doing right now.
In Omaha, we have a crazy seller's market so it's important to be prepared and have all your ducks in a row before you start touring homes.
In summary...
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Results are out! The Omaha area real estate market is starting off strong, with healthy buyer demand and strong market fundamentals. That is according to new data released by the Great Plains Regional MLS for January 2021.
A robust increase in housing starts in December points to an active year for new construction, but higher material costs, especially lumber, and a limited supply of buildable lots will temper the number of new units.
Let’s take a look at some of the numbers from January 2021:
Average Sold Price: $266,303 (Up 14.7% from January 2020)
Homes Sold: 775 (Up 5.7% from January 2020)
New Listings: 1,026 (Down 23.2% from January 2020)
Pending Listings: 958 (Down 5.3%…
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A key component of selling a home, even in the current seller’s market, is proper staging. To learn the ins and outs of this service, we tapped local business woman Lisa Conover with Rearranged for Change. Conover focuses on superior home staging, which is the art of making your house aesthetically pleasing to attract potential buyers.
Rearranged For Change has been staging homes in Omaha and the surrounding areas for 15 years. “We were one of the first staging companies in Omaha, like we had to explain what it was to homeowners and agents. It was about that time that HGTV had introduced some shows about home staging and it was from that we (my business partner Liz Cooley and I) gained our inspiration”, shared the staging aficionado. Both Cooley and…
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Living in Nebraska has its own perks, specifically perks related to taxes and homeownership. Homestead exemptions this year for many Nebraskans are particularly generous, with a few new requirements, of course. There are actually different tiers for different homeowners in this state, and each tier has its own requirements. However, most people qualify as long as they are homeowners from Jan. 1st, 2020 through Aug. 31st, 2020. Here's a little extra breakdown of those tiers.
People Over 65
Retirees often have a difficult time keeping their homes because property taxes tax their tight incomes. The Homestead exemption program reduces property taxes if you are age 65 and older. If you or your parents qualify based on homeownership, income, and age,…
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