Omaha Home & Real Estate Blog

West Omaha enjoyed exceptional sales activity through October. Sales did slow during November and December however. 1,441 transactions took place in 2009. Those 1,441 transactions are UP from 2008 sales (1,133) by 27%.


Sales in November and December fell to 47 units in each month. The decline in sales activity tends to be typical for this time of the year as the market winds down during the fall as we approach the Holiday Season. In one sense the decline is healthy as it means that people focused on the Holiday Season, which seemed to bolster retail activity. Activity in dining establishments seemed to be strong as well. Both events have been interpreted as positive signals by this appraiser.

Another reason for this decline is attributed to the

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restoreomahalogo_201The Restore Omaha conference is this weekend.  What is it?  It's described as a "conference to promote the practice of historic restoration and to provide educational opportunities and information to the public and professionals".

You can see the entire conference schedule over at the Restore Omaha website.  The conference is March 5th and 6th at the Metro Community College South Campus at 27th & Q Streets.  There is a small registration fee, but if you're thinking about buying or restoring an old home, then it may be well worth your time and money.

Here are titles from a few of the sessions:

  • From Rags to Riches - The Restoration of a Grand Victorian
  • Restoration of a Commercial Building
  • How to Write a National Register Nomination
  • Selecting,
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This weekend is the Annual Omaha Home & Garden Expo as well as the Lawn, Flower & Patio Show at the Qwest Center.  For more information about the show, check out an article in today's World-Herald or visit the shows' official website.

If you're looking for a home, shows like this are a great opportunity to find out what it costs to do improvements to your home.  It's also a great way to get ideas, see some of the new trends, and plan for the spring and summer months.

If you are heading to the show, be prepared to deal with a lot of activity at the Qwest Center.  This weekend is the state high school wrestling championships.

Here are the expo hours...

2/18 - 5 p.m. to 10 p.m.
2/19 - 11 a.m. to 10 p.m.
2/20 - 11 a.m. to 9 p.m.
2/21 - 11 a.m. to 5 p.m.

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Yesterday, the Omaha World-Herald highlighted some of the development occuring on Omaha's north side.

long-school_275Over the long-term, the Greater Omaha Chamber of Commerce is hoping to spur $200 million in private development in this area. The current commercial development occuring in North Omaha is impressive, but there is still a long way to go. You can read the article to see specific projects that are underway or have been completed.

One of the projects highlighted is a residential development along 24th Street called the Long School townhomes. The townhomes were developed by NeighborWorks Omaha.

The townhomes offer residents an opportunity to have a live-work space.

I created a page on our website dedicated to the Long School townhomes. On that page,

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mortgage-house-money_200Our media machine in the US has a bizarre and strange habit of confusing the general public with half-truths and bad information.  The main-stream media’s job is simple –  sell advertisements.  They are continually crafting stories to grab at our emotions.  We read and watch and they sell more advertisements.

Below are three gotchas that the media isn’t reporting on today.  These may be serious impediments to your new home purchase or refinance.

Mortgage Rates are going to go up.

As part of Federal stimulus efforts, the U.S. Treasury committed to buy $1.25 Trillion in mortgage securities.  Expert opinions vary, but conservative estimates tie this to approximately 0.5% to 1.0% artificial reduction of retail mortgage rates.  This program ends March

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radon-2_300Radon gas is a topic that almost always comes up when buying or selling a home.  Most people don’t know much about it, but know that they have to deal with it when they sell their home.  While dealing with a radon problem is necessary when selling, the Environmental Protection Agency and the Surgeon General urge all American s to protect their health by testing their homes, schools and other buildings for radon even if they aren’t selling.  In honor of the EPA’s “National Radon Action Month” I thought I would give you some of the facts about radon. 

You can't see, smell or taste radon, but it could present a dangerous level in your home.  Radon is the leading cause of lung cancer deaths among nonsmokers in America and claims the lives of about 20,000

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On Wednesday, there was a post on this blog by Jason Hellman - a mortgage planner with Dundee Mortgage Services.  Over the coming weeks you'll see posts by other professionals in this community who offer real estate related services.

I've been in real estate almost ten years, and in those ten years, I've worked with hundreds of individuals and companies offering real estate related services.  When you buy a house, it's important that your real estate agent has experience so he or she can recommend a reliable home inspector, mortgage broker, title company, etc.  I've worked with a lot of people in town, and in the coming weeks you'll see posts on this website from professionals I trust.

To make this the most useful website for home buyers and sellers in

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Wow!  Credit and housing markets have gone crazy.  The mess began building with easy credit and low interest rates.  It’s only logical that it ends with a tight credit market and higher interest rates.

2010 Mortgage RatesBut when will that happen?
The credit market is already tougher than it has been since at least 2000.  But what about the interest rate market?
Luckily, current rates are still at historic lows.  And, contrary to what is commonly published, mortgages are readily available.  That is, available to families who can demonstrate an ability and willingness to repay them.
The scary part is looking out into the second half of 2010.  What will the real estate and mortgage markets look like later this year?
To answer that question, we need to acknowledge several

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Today, we are excited to launch  This website has been in the works for several months, and we're still working hard at making it the best online resource for home buyers and sellers in Omaha.  There are a few parts of the website that are still being finished, but we just couldn't wait any longer to show off the website so that's why we are launching today.

If you're looking for a home, check out the powerful search functionality.  The entire Omaha Metro MLS is at your disposal.  You can find a home in a certain subdivision, school district, price range, etc.  Another exciting feature allows you to receive an email notification when a home matching your specific criteria is listed.  Over the coming weeks, we'll spotlight many more of…
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