Omaha Home & Real Estate Blog

 

Buying a home without an inspection is becoming more and more common in this hot seller's market. It's great if you are a seller, but it's a gamble if you are a buyer.

In this video, I explain the risks associated with buying a home without a home inspection. But, I also address some of the ways you can limit that risk.

And if you are willing to skip a home inspection, there are a few scenarios where it can work in your favor.

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If you are looking to hold an estate sale (or if you want to attend one), we've compiled a list of several estate sale companies in Omaha.

Please let us know if we missed one.

If you are looking for a calendar of upcoming sales, I've found EstateSales.net to be a great resource.

 

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According to the May 2021 data released by the Great Plains Regional MLS, the housing market shows no signs of slowing as the weather warms and pandemic restrictions ease across much of the country. Strong buyer demand, fueled by low mortgage rates, continues to exceed the near historic low supply.

 

The Bottom line:

Sales prices are surging as a result of the nationwide inventory falling way below what it was at this time last year. And this trend is likely to continue for some time.

Let’s take a look at some of the numbers from May 2021:

May 2021 Omaha Area Real Estate Statistics

Average Sold Price: $295,911 (Up 14.3% from May 2020)
Homes Sold: 1,355 (Up 5.4% from May 2020)
New Listings: 1,640(Down 13.5% from May 2020)
Pending

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April was another strong month for home sales. That is according to the April 2021 data released by the Great Plains Regional MLS.

The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to submit offers on multiple properties before they are able to secure a purchase.

 

The Bottom line:

Housing affordability remains an issue while strong buyer demand and low inventory show no signs of easing soon. And this market trend is pointing to a continuation through

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According to March 2021 data released by the Great Plains Regional MLS, normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates.

 

The Bottom line:

Inventory remains too low to bring the market back into balance. So expect a busy and competitive market in the coming months.

 

Let’s take a look at some of the numbers from March 2021:

 

March 2021 Omaha Area Real Estate Statistics

Average Sold Price: $278,205 (Up 14.2% from March 2020)
Homes Sold: 983 (Down 5.7% from March 2020)
New Listings: 1,640 (Down 11.8% from March 2020)
Pending Listings: 1,339 (Down 3.3% from

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In the snow days of winter, sometimes the last thing you want to do is cook a nutritious meal for yourself and/or your family. Luckily for us all, the Omaha area boasts an incredible amount of locally-owned eateries and locally-owned franchises that can satisfy even the pickiest of eaters. Read on for some solid healthy dishes that still taste good to go, and support your favorite restaurants when they need it most.

Longtime West O favorite Railcar Modern American Kitchen has a number of great healthy dishes that lend themselves to “to go” success. Chef and owner Jared Clarke suggests his Seattle BBQ Salmon. This meal consists of North Road Certified Sustainable Faroe island salmon, with a soy and pomegranate molasses glaze, yukon mashed potato, and

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If your offers are getting rejected in this market, you probably think everyone is paying with cash.

That's not the case.

In this market, the vast majority of buyers are using financing. But what type of financing should you be using to win? Conventional? FHA? VA?

In this video, I analyze recent home sales to find out what types of offers are winning.

You may be surprised at the stats.

And remember, the type of financing you are using is only one aspect of your offer. There are several ways to make your offer competitive. Talk to your buyer's agent and your loan officer about different ways you can compete in this market. 

 

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This market is absolutely crazy!

Homes are selling for 20% higher than the asking price.

BUT... is it possible to purchase a home for less than the list price?

In this video, I look at homes that have recently sold in Omaha.

Warning: not all homes in this market are selling for more than their asking price. Don't get me wrong. The majority of homes are selling at or above the list price, but that is not the case for all.

In this market, there are a few reasons why a home might sell for less than the list price:

  1. To begin with, it was already overpriced.
  2. It is in bad shape.
  3. The house has a unique quality to it that doesn't appeal to many buyers. 


Don't get discouraged if you're looking to buy a house, but be realistic

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Few people can claim to enjoy the hectic moving process, with all of those pieces of the puzzle jostling around simultaneously… Changing your address. Getting WiFi hooked up. Packing, cleaning, unpacking, then more cleaning. Oftentimes, the organization of a home prior to moving can help make that transition to a new space much more pleasant. To ease that burden and learn more about services offered right here in the Omaha area, we chatted with Lisa Tonjes Moritz from HOPE Organizing. Since 2019, most of the business has tightened its focus on the niche of photo and memorabilia organizing, with some general home and office organizing sprinkled in.

HOPE helps families and businesses organize, preserve, share and celebrate their memories. That

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Get a head start on spring cleaning with a full home purge! Not only will this make your eventual moving process smoother, but it can be a soothing way to spend a day or four. In fact, numerous studies have shown that clutter can actually increase cortisol production in your body; cortisol is the stress hormone, so practice some self-care by getting rid of the unnecessary things around you. Check out these seven charities in Omaha that will accept donations of your gently used, purged home items.

 

Habitat for Humanity

Habitat for Humanity Omaha aims to support financial independence through affordable homeownership. The Habitat ReStore accepts in-kind donations of materials to help keep costs low for clients. According to the website, “We accept

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