Omaha, NE Real Estate -- Steve Lauver -- 402-689-7550

The Senate approved the bill to extend unemployment benefits and modified the home buyer tax credit on Wednesday with a vote 98-0.  On Thursday the House of Representatives approved the bill with a vote of 402-12 and it is expected to be signed by President Obama.

The new and improved home buyer tax credit extended the timeline, increased income limits and also included a tax credit up to $6,500 to buyers who have owned a home for 5 of the last 8 years. For more details, check out this comparison chart put together by the National Association of Realtors.

If you are thinking of buying your first home, moving up or down, please don't hesitate to call me or visit my website www.OmahaRealtyPro.com

Sarpy County Real Estate Market Update

Thank you for checking out my September 2009 Real Estate market report for the Sarpy County area, including Papillion Homes for sale, La Vista Real Estate, Bellevue NE Homes for sale, Springfield, Gretna Homes for sale and West Sarpy.

Active Listings, as of October 7, 2009 and Sold Data from September 1, 2009 to September 31, 2009.  Months supply is the number of active listings divided by the number of sold listings for the month.

Sarpy County had 205 attached and detached homes sold in September 2009, compared to 139 sold in March 2008, which is up 47%.  As of October 7, 2009, there were 828 active homes for sale, which is a 4.04 months supply.  The supply of active listings are down from 983 last year at this time or 16%.

September 2009 Data   Active as of October 7, 2009, Sold 9-1-09 to 9-31-09

Sarpy County
Active listings 828
Sold listings 205
Months supply = 4.04
% change from same month 2008 UP 47%

Papillion (Area 263)
Active listings 187
Sold listings 48
Months supply = 3.90
% change from same month 2008 UP 60%

La Vista (Area 264)
Active listings 73
Sold listings 19
Months supply = 3.84
% change from same month 2008 UP 36%

Bellevue (Areas 260, 261, 262)
Active listings 321
Sold listings 77
Months supply = 4.17
% change from same month 2008 UP 38%

West Sarpy County Springfield 265
Active listings 19
Sold listings 5
Months supply = 3.8
% change from same month 2008 UP 4900% (none sold last September 08)

West Sarpy County Gretna 267
Active listings = 134
Sold listings = 21
Months supply = 6.38
% change from same month 2008 UP 0%

West Sarpy County Millard 266
Active listings 103
Sold listings 37
Months supply = 2.78
% change from same month 2008 UP 79%

Thanks for viewing my home market report and check out my website at www.OmahaReatyPro.com.  If you're considering selling a home, I would appreciate the opportunity to market your home.  If you are considering buying a home, be sure to check out my website and search the Omaha MLS for homes and when you are ready I would be happy to help purchase your new home.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 10/7/09; OABR deems information reliable but not guaranteed.  Prepared by Steve Lauver-REALTOR Data does not include any private home sales

Omaha Real Estate Market Report Sep 09

Over the past several years, I have compiled and tracked active and sold listings for the Omaha Real Estate Market.  There are a couple of interesting statistics I wanted to point out.  Active listings continue to be down by 10% to 15% for 2009.  Sold listings are up 10 to 15% from September 08 year to date total of 5,527, compared to September 2009 ytd total of 6119.  September 2009 sold listings are up over 45%, compared to September 2008.  Last year, the last quarter of the year for the economy and real estate was terrible.  I wouldn't be surprised if we see October and November sale activity up over 100%.

The decrease in active listings has helped stabilize home prices, but pricing continues to be under pressure. The jump in number of home sales can be contributed to a couple of reasons.  First, I think the first time home buyer tax credit of $8,000 is a major reason.  Second, low interest rates have helped the move up buyer, to either downsize or upsize from their existing home.

Douglas County, Omaha Real Estate Market Report (Active, Pending, Sold):

Omaha, NE (All of Douglas County)

• Active (10/5/2009):  3,423
• Under Contract (10/5/2009):  1,197
• Sold July 1, 2009 to October 5, 2009:  559

If you are interested in buying or selling your home in Omaha, please call me at 402-689-7550 with your inquiries. To search for homes in the Omaha area, please visit my website The Omaha Realty Pro.com.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 10/5/09; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver— Omaha REALTOR Data does not include any private home sales

Omaha, Nebraska Real Estate Market Report

Featured Subdivision

Cherry Ridge

Cherry Ridge area January 1 2009 to October 5, 2009 Real Estate Market Report (Active, Pending, Sold):

• Active (10/5/2009): 12

• Under Contract (10/5/2009): 6

• Sold July 1, 2009 to October 5, 2009: 33
  

CMA Summary Report for Cherry Ridge in Omaha

For more information on Cherry Ridge or if you are interested in buying or selling your home in Omaha, please call me at 402-689-7550. Or you can email me with your inquiries. To search for homes in the Omaha area, please visit my website The Omaha Realty Pro.com.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 10/5/09; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver— Omaha REALTOR Data does not include any private home sales

Papillion, Nebraska Real Estate Market Report

Papillion Activity

• Active (10/5/2009): 182
• Under Contract (10/5/2009): 96
• Sold July 1, 2009 to October 5, 2009: 152

Featured Subdivision

Summit Ridge July 2009 to October 5, 2009 Real Estate Market Report (Active, Pending, Sold):

• Active (10/5/2009): 3
• Under Contract (10/5/2009): 2
• Sold July 1, 2009 to October 5, 2009: 7

For more information on Summit Ridge or if you are interested in buying or selling your home in Papillion, please call me at 402-689-7550. Or you can email me with your inquiries. To search for homes in the Omaha area, please visit my website The Omaha Realty Pro.com.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 10/5/09; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver— Omaha REALTOR Data does not include any private home sales