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Omaha, NE

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Homes for sale in Castle Creek, Omaha, NE

02-24-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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  • Mobile: (402) 943-9494

Homes for sale in Castle Creek, Omaha, NE. Currently there are 16 homes for sale in Castle Creek ranging in price from $218,000 to $355,000. The average asking price is $270,524. In the last six months there were 4 homes sold in Castle Creek. The highest price sale was $323,000 and the lowest was $262,000. The average sale was $287,250.

Search all of the homes for sale in Castle Creek and other areas of Omaha.

Real Estate Market, Community and School Information for 68116 in Omaha.

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Homes for sale in Centennial, Omaha, NE

02-24-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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  • Mobile: (402) 943-9494

Homes for sale in Centennial, Omaha, NE. Currently there are 4 homes for sale in Centennial ranging in price from $227,900 to $245,733. The average asking price is $238,485. In the last six months there were 9 homes sold in Castle Creek. The highest price sale was $278,000 and the lowest was $90,000. The average sale was $207,140.

Search all of the homes for sale in Centennial and other areas of Omaha.

Real Estate Market, Community and School Information for 68103 in Omaha.

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Omaha Real Estate Foreclosures by Don and Valerie Keeton

02-09-12
Don & Valerie Keeton
Don & Valerie Keeton: Real Estate Brokerage in Omaha, NE
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  • Office: (402) 496-3700

Omaha Real Estate Foreclosures

A recent report from a research firm stated that Nebraska had one of the lowest rates of foreclosures in the United States in 2011.

As active Broker owners of RE/MAX The Producers we found this to be true in Omaha. Yes we have some foreclosures, but not that many especially when come to upper scale homes.

Approximately one percent of Nebraska homes were in the foreclosure process by the end of 2011 which is the fourth lowest rate in the United States. The national foreclosure rate was 3.4 percent by the end of 2011 because 1.4 million homes were in the foreclosure process.

Omaha Nebraska is likely has the highest percentage of foreclosures but our market is reasonably strong and offers many great buys. With today' interest rates at an all time low now is a great time to purchase your new home. Whether you're buying your first home, second home, or getting ready to downsize, now is a great time.

Homes in the Omaha real estate market are selling reasonably fast if they are well maintained and priced accurately. If you're a seller or a buyer on the fence, now is a great time to jump the fence.

Don and Valerie Keeton

RE/MAX The Producers of Omaha Nebraska

www.TourOmahaHouses.com

402-496-3700

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Omaha Appraisers are Getting Tougher

01-24-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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  • Mobile: (402) 943-9494

Appraisers are Getting Tougher

As real estate values have slipped the last few years and with lenders tightening their standards for writing mortgages, appraisals have become much more stringent.

If you are not familiar with the basics of an appraisal, check out What is an Appraisal?

In the heyday of real estate appreciation, and by that I mean 2005 and the several years prior, nearly every house appraised for more than it sold for. At that time lenders did not scrutinize appraisals as they do now; after all since property values could only appreciate, or so people thought, why would anyone be concerned about appraisals. As a result, appraisers could be a more lenient order to reach an appraised value that met or exceeded the purchase price.

Now with homes values down and lenders wary of giving mortgages to anyone except the most qualified, lenders are closely reviewing appraisals. Appraisers now are much more careful on selecting comparable sales and making adjustments as they know that lenders may question the appraisal and the decisions that went into producing it. On top of that there has been a lot of media attention to the sky high appraisals of recent years contributing to the current state of the real estate market, adding additional pressure on appraisers to produce accurate numbers.

What this boils down to is that many homes are not appraising for their purchase price and as a result those purchase prices have to be lowered to the appraised value or the sale falls apart.

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Homes for Sale in Millard Park, Omaha NE

01-02-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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  • Mobile: (402) 943-9494

Homes for Sale in MillardPark, OmahaNE

Currently there are 15 homes for sale in MillardPark ranging in price from $122,900 to $250,000. The average asking price is $189,226. Over the last six months 23 MillardPark homes sold. The sales ranged from $149,000 to $277,986 with an average price of $207,648.

Search all of the homes for sale in MillardPark and other areas of Omaha.

Real Estate Market, Community and School Information for zip code 68136 in Omaha.

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