What does all this mean??
332 Residential properties sold in the Omaha Area last month.
576 Homes went pending which means they have an accepted contract and are due to close in the near future.
It would take just under 14 months to absorb the current residential inventory on the market today.
The buyers still have the upper hand for now.
Want more reports? Click Here
NP Dodge now has available Real Estate Market Trend Reports containing data compiled from the MLSs located in Omaha and Council Bluffs. These reports will give you an opportunity to view trends in the market over the past 15 months. They are specific to active, pending and sold properties in Omaha, Council Bluffs and the surrounding areas. The reports are updated monthly with more in-depth reports being available from one of our real estate professionals.
Each week Heather Chaney of our beloved NP Dodge Marketing Department puts together information that helps boost morale across all NP Dodge Offices. Her is what she came up with today...Thanks Heather for all you do! Thursday is one of my favorite days of the week just because of the boost I get from this type of information. Robert Wiebusch~Blog Author
Knowing that over 90% of home buyers search the internet first when looking for their new homes...
Did you know... January's pageviews on npdodge.com were over 1.7 million?
Also, did you know...OVERALL npdodge.com traffic is up 65% from ONLY January 1st, 2009 through yesterday?
Our momentum is stronger than it's been in the last 6 months!!
Want to increase your customer satisfaction and referrals?
Did you know...based upon a recent survey by NAR, 96% of home buyers believe ONE STOP SHOPPING with a full service brokerage offers a simpler home-buying experience?
NP Dodge Real Estate is truly the only full service company in the area- offering title services, in-house mortgage lenders, Freedom Home Warranty as well as...Service Network, Insurance, Land Development, Property Management, Storage Facilities, Commercial, and Global Relocation!
Relief could be on the way. This will be a huge incentive. I have heard that they are working to make this available at closing... Mike Riedmann, Prsident of NP Dodge Real Estate
Last evening the United States Senate unanimously passed a bipartisan amendment, offered by REALTOR® Champions, Senators Johnny Isakson (R-GA) and Joe Lieberman (ID-CT) to the Economic Stimulus Bill creating a $15,000 tax credit to individuals who purchase a home in the next year.
Specifically, the Isakson-Lieberman amendment to the pending economic stimulus bill would provide a direct tax credit to any homebuyer who purchases any home. The amount of the tax credit would be $15,000 or 10 percent of the purchase price, whichever is less. Purchases must be made within one year of the legislation's enactment, and the tax credit would not have to be repaid.
The amendment would allow taxpayers to claim the credit on their 2008 income tax return. It also seeks to prevent misuse by only allowing purchases of a principle residence and by recapturing the credit if the home is sold within two years of purchase. The amendment would sunset the current $7,500 housing tax credit on the date of enactment.
While the final details of the Stimulus Bill are still being debated, this amendment represents a tremendous step forward in NAR's efforts to stabilize housing markets around the nation. Because of the efforts of REALTORS®, we expect the final Economic Stimulus Bill will contain several major housing provisions. We will continue to update you as the bill progresses through the legislative process.
The definition of 'Cabin Fever'...
Boredom, restlessness, or irritability that results from a lack of environmental stimulation, as from a prolonged stay in a remote, sparsely populated region or a confined indoor area.
NP Dodge has got you covered this weekend! I just looked a moment ago and see that we have well over 100 properties here in the metro area that will be open this weekend. With 50+ degree weather I can't think of a better way to combat that 'Cabin Fever' that you are experiencing from being indoors due to the weather.
You can view and print a complete list of NP Dodge open houses which is updated to the minute by clicking the link at the top of www.npdodge.com or directly by clicking the link or logo below:
| First Time Home Buyers Guide If you are considering purchasing your first home, NP Dodge can help and we are dedicated to assisting you step by step in order to realize your dream of home ownership. Step One: Contact NP Dodge Client Service Representative |
| First Time Home Buyer Information Request |
|
Step One: Contact NP Dodge Client Service Representative |
| Step Two: Consult a Real Estate Professional Consulting with a real estate agent is the best way to insure that you have a licensed professional in real estate representing your best interests as you review homes. We have 13 offices and over 500 agents serving the metro Omaha/Council Bluffs areas. If you need representation and are familiar with one of our agents, we will help get you in touch. However, if you need representation or need a specialist, our Client Services Department Representative will research and find a real estate professional for you based on your needs and areas of interest. |
| Step Three: Financing Finding a financial institution to handle your home loan is crucial. NP Dodge has partnered with First National Bank to assist our clients who wish to own a home. Your agent can also be of assistance in providing lenders based on your individual needs whether you are applying for a VA loan, an FHA loan, or a conventional loan. Securing your mortgage loan will not only outline your monthly expense but will also establish the price range of homes that should be on your list to tour. |
| Step Four: Selecting Homes to Tour Now that you have your agent and your financing in place, it's time to start touring the selection of homes that are available on market. Establishing the type of home and the amenities that you want will assist in narrowing down the list of homes that, along with the help of your agent, will most appeal to you. Review the available homes with your agent and they will set up showings and assist in reviewing all aspects of the property. |
| Step Five: Making the Offer Once you have found a home that you would like to purchase, your real estate agent will draw up all the necessary papers to make the offer. Once the offer is made, together with your wishes and contingencies, your agent will negotiate on your behalf in order to reach an agreement with the seller. Once in agreement, your agent will then begin setting up all the necessary activities which need to be completed prior to the closing date. |
| Step Six: Closing day...Keys to Your New Home When all the steps have been completed, and your closing day is upon you, know that your NP Dodge agent will accompany you to the closing office. They are there to insure that you are protected and the agreed upon terms of the purchase are enforced. Once the closing has concluded, all the papers signed, financing in place, and all agreements have been met, the keys to your new home are passed from the seller to YOU. |
| Step Seven: Continued Support Even after you move into your new home, know that your real estate professional and NP Dodge are here for you even after the sale. If you have a question or have a friend who needs assistance to purchase their new home, please feel free to Contact Us. |
| First Time Home Buyer Information Request |
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved