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Omaha, NE

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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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Mud Jacking 101

12-29-11
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

So you’re out looking for a new home in Omaha and you think you may have found the perfect one, but you notice that either the sidewalk or the drive way has settled a little. Well don’t let that keep you from finding your dream home. The solution may be mud jacking. It’s a simple process as far as fixing areas in the driveway or sidewalks that need to be raised because of soil erosion that has caused the concrete to sink.

Mud jacking is the term most commonly used in Omaha but the process is also known as slab jacking, concrete lifting, concrete raising, and slab leveling, is a process of basically drilling holes into the existing concrete, placing a line in the hole and forcing this slurry mix underneath the concrete to raise it up. These slurry mixes consists of water, soil, sand and cement that cure to create a solid, sable foundation under the concrete. It does need time to cure or set up so it’s best to not put anything on the area for a few days or longer, the contractor that you hire would be able to tell you the exact amount of time needed to cure. Mud jacking is a professional job so I recommend never trying to do it on your own unless you have the training of a professional mud jacker.

Mud jacking can also be used to help fix the settling of the foundation. How it works is a foundation contractor will go and level the settled sections of the foundation by using push piers, using them to lift the masonry to a level position. When this is complete, mud jacking can be done to fill in the empty space beneath the footing created by the lifting; this will create a stable long lasting foundation. There are several different companies in Omaha that are qualified to do the job.

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Whitehawk Omaha Nebraska Homes for Sale - Dec 2011

12-09-11
Alex Heyen
Alex Heyen: Real Estate Agent in Millard, NE
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  • Office: (402) 203-3883
  • Mobile: (402) 203-3883



Market Report for Whitehawk Omaha NE for Dec 09, 2011

Douglas County Omaha Real Estate

Currently there are 18 homes for sale in Whitehawk Omaha Nebraska. The highest list price is $419,000 and the lowest list price is $175,000 with an average list price of $291,375. The lowest number of days on market is 18, and the highest number of days on market is 437 with an average days on market of 149.

If you would like to search Whitehawk Omaha NE homes for sale, be sure to check out our great online home search which includes all homes, houses, condominiums, land, foreclosures, shortsales and hud homes.

The search includes Douglas County Nebraska Real Estate | Omaha NE Real Estate | Whitehawk Omaha Nebraska Real Estate.

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