Facts About Selling Real Estate In Omaha, NE
It is no secret that the housing market is booming! If you are looking to purchase a home, chances are you are having to act quickly and are most likely up against many other buyers who are bidding for the same home.
In today’s blog post we are going to be talking about some facts when it comes to selling your home in Omaha, NE - let’s dive in:
-With more and more families looking to purchase a home in Omaha, NE, inventory remains tight. Sellers are controlling the market and are in a better position than ever. It is not uncommon for sellers to receive competitive offers on their homes, many of which are over asking with a fast closing.
-Mortgage rates have hit record lows over the last year, mainly due to economic uncertainty from the pandemic. How long will this last you ask? While no one can say for certain, the Federal Reserve is intending to keep interest rates low until the economy steadily improves, which is a big draw for buyers. This means that sellers can expect many eyes on their listing and interested buyers at their doors.
-First-time homebuyers will be a crucial part of shaping the Omaha, NE real estate market in the years to come. During the pandemic, many people yearned for more space and are opting for a spacious house versus a one-bedroom rental. Millennials are tired of tight living quarters and expensive rent payments, which is why they will continue to be a large part of the real estate market moving forward.
-While no one knows what the future holds for the real estate market, one thing that will always hold true is that local expertise will always win. Having a knowledgeable real estate agent by your side is a great way to ensure you are getting the most money for your home, no matter what the market conditions look like.
Selling your Omaha, NE home? Allow our team of professional, knowledgable and trustworthy real estate agents to go to work for you! Additionally, don't miss our "Seller Tips" page here!
