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As the tulips begin their annual appearance across Omaha neighborhoods and the College World Series preparations get underway, our real estate market is shifting into its most dynamic period. The seasonal rhythms of Omaha's housing market are as distinctive as our city itself, and understanding these patterns can make all the difference in your real estate journey.

 

We have our finger on Omaha's unique seasonal property pulse. While real estate markets everywhere experience seasonal fluctuations, Omaha's patterns have their Midwestern character. Having guided countless clients through these cycles, we've observed how our city's market responds to weather patterns and the specific cultural and economic factors that make Omaha special.

 

Spring in Omaha traditionally kicks off the most competitive buying season, but it's a complex period with distinct phases. Early Spring (March-April) differs significantly from late Spring (May-June), offering different advantages depending on your goals. As we move into summer, new opportunities emerge that many buyers and sellers overlook.

 

This Spring has proven particularly interesting. Inventory levels across Omaha neighborhoods are about 7% higher than last year but well below pre-pandemic norms. This has created "micro-markets"—pockets of opportunity within specific communities and price points that don't necessarily follow the broader trends.

 

Aksarben and Dundee continue to see properties move within days of listing, often with multiple offers. Meanwhile, areas like Millard and western Omaha are experiencing slightly longer days-on-market with more room for negotiation. This neighborhood-by-neighborhood variation is more pronounced this year than in recent seasons.

 

This means the strategy needs to be hyperlocal for buyers. The approach that works for a Benson bungalow won't apply to a new construction of Papillion. We're helping our clients craft neighborhood-specific approaches rather than a one-size-fits-all seasonal strategy.

From mid-May through June, Omaha traditionally experiences its most competitive market conditions in late Spring. Several factors drive this intensity: school year endings that allow for summer moves, better weather for house-hunting, and properties showing at their best with green lawns and blooming gardens.

 

This year, median days-on-market in desirable areas hover around 4 days, with homes in the $250,000-$350,000 range moving remarkably quickly. Multiple offer situations remain common, though not quite at the frenzied levels of 2021-2022.

 

This period offers maximum exposure for sellers, but it's not without challenges. The increased competition means your property needs to stand out. Professional photography, strategic pricing, and proper preparation become even more critical during this high-volume season.

 

We recently helped the Johnsons sell their Aksarben split-level after preparing it with targeted updates to the kitchen and main bathroom. Despite being surrounded by new listings in their neighborhood, their property received four offers within 48 hours. It closed at 6% above the asking price. The difference came down to preparation and precise timing – listing on a Wednesday to capture maximum weekend traffic rather than joining the crowd of Friday listings.

 

This year, we see a particular opportunity window in the summer market, specifically late June through July. Historically, many Omaha residents assume the market slows dramatically after the spring rush. Still, our data tells a more nuanced story.

 

While the quantity of listings typically declines from late June onward, the quality of buyers often improves. Summer buyers tend to be more serious and decisive. The "casual browsers" who swell open house attendance in Spring are less prevalent, leaving a pool of motivated purchasers who often have specific timelines driving their search.

 

This can mean a less hectic process with higher-quality showings for sellers. For buyers, the slightly reduced competition can create windows for negotiation that don't exist during the spring peaks. Interest rates have also historically shown patterns of minor dips during summer months, though this is never guaranteed.

Last summer, we helped the Garcias purchase their dream home in the Elkhorn district after they had nearly given up following three unsuccessful spring offers. By adjusting their search to July, they encountered a perfect property that other buyers had overlooked because they were fixated on spring transactions. Not only did they avoid a bidding war, but they were also able to negotiate favorable terms around closing timing. They included appliances that are flexible and rarely seen during peak season.

 

The College World Series Effect is A fascinating Omaha-specific factor we've observed over years of market analysis. We see the "CWS pause" – a brief but noticeable slowdown in transaction activity during the College World Series. Local sellers often delay listings until after the event concludes, creating a minor inventory surge in late June that savvy buyers can leverage.

We see this pattern in neighborhoods surrounding the downtown and midtown areas, where residents may be renting properties or simply avoiding the hassle of showings during the tournament. Opportunities emerge with less competition for buyers willing to house-hunt during this busy community period.

Omaha's highly regarded school districts significantly influence our seasonal patterns because timing is everything for families with children. Families strongly prefer to close on new homes before school registration deadlines, creating predictable surges in demand for properties within desirable districts like Elkhorn, Millard, and Westside.

 

Most Omaha districts require registration to be completed by early August 2025.  This means peak contract activity in June, with slight easing afterward. Buyers focused on specific schools should be ready for this timeline acceleration. At the same time, those with flexibility might find advantages in house hunting after the deadlines pass.

 

We've used a variety of creative approaches in our negotiations as we responded to this year's competitive dynamics. A tactic that worked for clients was adding rent-back arrangements or expedited closings. We're helping several families navigate this challenge, aligning closing dates with registration requirements while balancing the season's competitive dynamics.

 

Strategic preparation makes all the difference for sellers preparing to enter the market in the coming weeks. While spring listings benefit from fresh landscaping and natural light, summer properties need attention to different details.

 

Cooling and comfort become paramount as temperatures rise. Ensure HVAC systems are serviced and functioning properly—buyers touring on 90-degree days will immediately notice if cooling is inadequate. Creating comfortable outdoor spaces with shade options can transform a standard showing into an immersive lifestyle experience.

 

We advise our selling clients to emphasize outdoor living features that showcase summer enjoyment—patios, decks, and gardens become even more valuable selling points. Timed for golden hour lighting, professional photography can capture these spaces in their most appealing way.

 

Perhaps the most valuable insight we can share from our years of Omaha market experience is that conventional wisdom about "best times to buy or sell" often misses the nuance of individual situations. While broad patterns exist, the ideal timing for your specific transaction depends on numerous personal factors beyond seasonal trends.

 

We're seeing increasing success with countercyclical strategies, particularly for move-up buyers who must sell and purchase simultaneously. By selling during peak demand periods and buying during slight lulls, these clients leverage seasonal differences to their advantage.

 

Investors particularly benefit from understanding these seasonal fluctuations. Several of our investor clients specifically target acquisitions during early July, when sellers who missed the spring peak may be more amenable to negotiations.

 

Here's the Heim-Berg Team Forecast: Looking ahead to the remainder of 2025, we're anticipating several key trends that will influence Omaha's seasonal patterns:

 

Interest rate fluctuations may cause brief increases in activity as buyers seek favorable rates.  This rate sensitivity often overrides traditional seasonal patterns, creating opportunity windows that savvy buyers can leverage.

 

New construction completions, particularly in western Omaha and Sarpy County, are scheduled to accelerate in late summer. This could ease inventory constraints in specific price points and offer alternatives for buyers who missed spring opportunities.

The ongoing urban revitalization projects in Blackstone, North Downtown, and the Riverfront shift traditional neighborhood desirability patterns, creating year-round demand in previously seasonal markets. Properties in these transforming areas increasingly operate on their cycles, somewhat disconnected from broader seasonal trends.

 

What makes Omaha's real estate market both challenging and rewarding is how personalized each transaction must be. Cookie-cutter approaches don't work when neighborhoods just miles apart can operate under dramatically different conditions.

 

Having guided clients through multiple market cycles in virtually every Omaha neighborhood, the Nancy Heim-Berg Team brings data analysis and contextual understanding to create your personalized seasonal strategy. We believe in combining market intelligence with deep client consultation to develop timing strategies aligned with both market conditions and personal needs.

 

Are you considering entering this competitive spring market, planning a summer transaction, or even further ahead? We're committed to providing the nuanced, neighborhood-specific guidance that Omaha's unique market demands.

 

The Nancy Heim-Berg Team is here to guide you through every season of our unique Omaha market. We’re ready to develop your personalized seasonal strategy for buying or selling. Contact us at (402) 677-9024 or visit www.https://www.omahaarealiving.com to discuss the perfect timing for your real estate goals.

 

Why Invest Omaha Nebraska?

by Nancy Heim-berg

Why do I believe the Silicon Prairie Will Outshine the Sun Belt in 2025? Well, friends, it’s because the secret's finally out! Our beloved Omaha has just been ranked among the top 10 real estate markets to watch in 2025 and let me tell you, it's been a long time coming. While everyone's been focused on those crowded Sun Belt cities, we've been quietly building something special in the heartland.

Let's talk about the numbers that are turning heads. Did you know that national analysts are excited about Omaha and her potential? While Sun Belt markets are seeing price plateaus and rental slowdowns, Omaha shows remarkable stability and growth. Our median home prices have increased by a steady 7.2% year-over-year without the dramatic spikes that have caused affordability issues in places like Phoenix and Austin.

What's interesting is that our average time on the market is just 14 days, compared to 45+ days in many Sun Belt cities. And with an average price per square foot of $165, we offer incredible value compared to markets like Nashville ($275) or Austin ($295).

So, what's driving our growth? Remember when they started calling us the Silicon Prairie? Well, that nickname's proving prophetic. Our tech sector is booming, with companies like Toast, LinkedIn, and Facebook expanding their presence here. But it's not just tech—Mutual of Omaha's new downtown headquarters and the continued growth of our medical corridor are creating high-paying jobs and attracting young professionals in droves.

Speaking of young professionals, here's a statistic raising eyebrows: our 25-34-year-old population has grown by 12% in the last year alone. That's more than twice the growth rate of popular cities like Tampa and Charlotte.

While investors have been fighting over properties in Phoenix and Miami, our market has quietly become the Investment Opportunity Everyone Missed, offering remarkable stability with growth potential. Our rental market is showing a healthy 5.8% annual return, but here's the kicker – our vacancy rates are sitting at just 3.2%, well below the national average of 5.9%.

Want to know what sets us apart? Property taxes in Douglas County are about 30% lower on average than comparable markets in Texas and Florida. When you factor in our lower insurance rates (we don't have hurricanes, folks!), the total cost of ownership makes Omaha look mighty attractive.

Meanwhile, keep an eye on the following neighborhoods. Blackstone District's continued renaissance perfectly exemplifies what makes Omaha unique. Although property values here have increased 15% in the last year, we still see opportunities for renovation and value-added investments. The same goes for Benson, where new restaurants and entertainment venues drive demand for residential and commercial property.

Downtown and the Capitol District are writing their own success story. With the streetcar project breaking ground and new development announcements seemingly every week, we see property appreciation rates of 9-11% annually in these areas.

 National analysts are finally figuring out That Omaha is not just another boom town.

We're built differently. While Sun Belt cities are dealing with infrastructure strain and water concerns, we've got capacity for growth. Our cost of living remains 12% below the national average, even as we add amenities and attractions.

The numbers tell the story: our unemployment rate is 2.8%, we're seeing steady job growth at 3.2% annually, and our local GDP growth outpaced the national average by 1.5% last year. These aren't boom-and-bust statistics—they're indicators of sustainable development.

If you're already a homeowner in Omaha, congratulations! Your home's equity has likely grown by 18-22% in the last two years. But here's the best part: analysts are projecting a 6-8% annual appreciation over the next three years. That's not the double-digit growth some markets saw during the pandemic, but it's sustainable and real.

For investors, our market offers something increasingly rare: properties that still follow the 1% rule (monthly rent equals 1% of purchase price) in solid neighborhoods. Try finding that in Austin or Tampa these days!

So, watching the horizon, what's next for Omaha? The next few years look bright for our city. The new airport terminal, expanding streetcar system, and continued riverfront development add value to our real estate market. Major employers are expanding, and our universities are reporting record enrollment numbers.

We're seeing increased interest from out-of-state investors, but here's the good news: there's still plenty of opportunity. Unlike some markets where institutional investors have snapped up much of the available property, Omaha still has room for individual investors and first-time homebuyers.

Finally, we might not have palm trees or ocean views, but we've got something better—a real estate market that makes sense. Currently, Sun Belt States face affordability issues, strained infrastructure, and climate concerns. Omaha, NE, offers something completely different: Sustainable growth, strong fundamentals, and genuine community value make our market extremely attractive. 

If you've been waiting on the sidelines, now might be the time to move. Unlike the Sun Belt States, Omaha's market strength isn't based on speculation or temporary trends—it's built on the solid Midwestern foundation of strong fundamentals and innovative growth strategies. And that's something worth investing in.

Want to learn more about specific investment opportunities in Omaha? Contact The Heim-Berg Team: 📱 402-677-9024 🌐 www.OmahaAreaLiving.com Your Omaha neighborhood experts will help you discover the perfect property in this historic community or provide detailed market analysis and investment strategies tailored to your goals.

 

Are you eyeing that perfect home in a beautifully maintained neighborhood? Chances are, it might be part of a Homeowners Association (HOA). While HOAs can offer numerous benefits, they also come with their own considerations. Before you sign on the dotted line, let's dive into what you need to know about buying a home in an HOA community.

 

What Exactly is an HOA?

First things first: an HOA, or Homeowners Association, is an organization in that makes and enforces rules for the properties and their residents. When you purchase a home in an HOA community, you will automatically become a member and be required to pay dues, known as HOA fees.

 

The Pros of HOA Living

  1. Maintained Common Areas: HOAs often care for community spaces, potentially including pools, parks, and clubhouses.
  2. Consistent Neighborhood Appearance: Rules about property upkeep can help maintain property values.
  3. Dispute Resolution: HOAs can mediate conflicts between neighbors.
  4. Amenities: Many HOAs offer amenities like fitness centers or community events.
  5.  

The Potential Drawbacks

  1. Costs: HOA fees can add significantly to your monthly housing expenses.
  2. Restrictions: There may be rules, from paint colors to pet ownership.
  3. Special Assessments: You might face unexpected costs for major repairs or improvements.
  4. Less Control: Some homeowners feel they need more support in what they can do with their property.

Key Considerations Before Buying

  1. Review the CC&Rs (Covenants, Conditions & Restrictions) 📚

This document outlines all the HOA's rules and regulations. Read it carefully, and be sure you are comfortable with all the restrictions.

2. Examine the Financial Health of the HOA 💰

  • Request and review the HOA's financial statements
  • Check if there's an adequate reserve fund for future major expenses
  • Ask about the history of special assessments
  • 3.Understand the Fee Structure 💸
  • What do the fees cover?
  • How often can fees be increased, and by how much?
  • Are there any planned increases shortly?
  • Investigate the HOA's Management 🏢
  • Is it self-managed or run by a professional management company?
  • What's the reputation of the HOA among current residents?Check the Insurance Coverage 🛡️

Understand what's covered by the HOA's master policy and what you'll need to insure separately.

Attend an HOA Meeting 🤝

If possible, attend a meeting to get a sense of how the HOA operates and what issues are currently being discussed.

Review Recent HOA Minutes and Newsletters 📰

It's important to review these frequently for insight into issues and projects, both ongoing and upcoming, affecting the community.

Understand the Approval Process 📝

Learn how modifications to your home (like additions or exterior changes) are approved.

Ask About Pet Policies 🐾

If you have pets or plan to get them, understand any restrictions or rules.

Consider Resale Value 📈

While HOAs can help maintain property values, very restrictive HOAs might limit your pool of potential buyers in the future.

 

The Bottom Line

Living in an HOA community can offer numerous benefits, from maintaining common areas to creating a sense of community. However, going into the purchase with your eyes wide open is crucial. Understanding the rules, financial obligations, and potential restrictions will help you decide whether HOA living is right for you.

Remember, every HOA is different. What works for one homeowner might not work for another. That's why it's essential to do your homework and ask plenty of questions before deciding.

 

Need Help Navigating HOA Communities?

Buying a home in an HOA community can be complex, but you don't have to go through it alone. At The Heim Berg Team, we have extensive experience helping buyers find their perfect home, whether it's in an HOA or not. We can guide you through the process, help you understand the implications of HOA living, and ensure you have all the information you need to make the best decision for your future.

 

Ready to explore your options? Let's talk about finding your dream home – HOA or no HOA!

Contact The Heim Berg Team today:

Your perfect home is out there; we're here to help you find it!

The Importance of Choosing the Right Mortgage Lender in Omaha

by Nancy Heim-berg

Purchasing a home is one of the most significant financial decisions in a person's life, and it can be an overwhelming process. The role of a mortgage broker becomes crucial in this scenario, especially in a market like Omaha, where the real estate landscape is diverse and the options are many. A mortgage broker is not just a facilitator for your mortgage; they can be the difference between a good and a bad investment, between a smooth transaction and a complicated one.

The Role of a Mortgage Broker

A mortgage broker serves as a middleman between you and potential lenders. The broker's job is to work on your behalf with several banks to find competitive interest rates that fit your needs. Mortgage brokers have a well-developed stable of lenders they work with, which can make your life easier.

Advantages of Using a Mortgage Broker

- Convenience: The convenience of having a mortgage broker cannot be overstated. They schedule appointments, and you can meet with them during your lunch break, in the evenings or even over the weekend.
- Access to a Variety of Loans: Brokers can find loans for a variety of situations, whether you're a first-time homebuyer, buying a second home, or looking for a multi-family investment property.
- Experience and Expertise: They bring years of experience and can explain the complexities of the mortgage process in layman's terms, helping you to make informed decisions.

How to Choose the Right Mortgage Broker

Choosing the right mortgage broker in Omaha requires careful consideration. Here are some detailed steps to guide you through this process:

1. Start with Referrals: Ask friends, family, and colleagues for referrals. Personal experiences can lead you to a trustworthy broker.
2. Check Qualifications: Ensure the broker is licensed and has a good standing with the National Mortgage Licensing System (NMLS).
3. Consider Their Lender Connections: Inquire about the broker's lender connections. A broker with a wide range of connections may find more competitive rates.
4. Evaluate Their Communication Style: Communication is key. You want a broker who is responsive and communicates clearly.
5. Understand the Fee Structure: Be clear about how the broker gets paid. Some are compensated by lenders, others by borrowers, and some by both.

Questions to Ask Potential Brokers

When interviewing mortgage brokers, consider asking the following questions:

- How do you find the best loan for my needs?
- What fees will I be responsible for at closing?
- Can you provide me with references from past clients?
- How do you handle rate locks?
- What is your process for keeping clients informed throughout the transaction?

The right mortgage broker can simplify the home-buying process, save you time and money, and help you navigate the complexities of the mortgage market. In Omaha, with its vibrant housing market, choosing the right broker is even more important. Take your time, do your research, and select a broker who will advocate for your best interests and strive to find the best mortgage for your situation.

Ready for more homeowner tips? Remember to follow us on our Facebook page!

If you've decided to sell or buy this year...congratulations!  What an exciting time for you. We're here to assist you every step of the way. Call our family team of experts today and we'll get down to business crafting your plan for real estate buying and selling success! 

Is this Cooler Market Good for Buyers?

by Nancy Heim-berg

After a red-hot real estate market during the pandemic & subsequent months, rising interest rates have cooled the chaos. But does that necessarily mean bad news for buyers? Maybe not, here’s why.

When the housing market skyrocketed, many would-be homeowners found themselves in a position of being unable to buy due to tons of cash offers and bidding wars that went sky-high, most-often thousands of dollars above asking price and almost always all contingencies waived. With interest rates rising, home prices are now edging down. 


In a recent Bloomberg article (October 2022) by Teresa Ghilarducci titled “Looking to Buy a House? It’s Not the Worst Time to Buy” she states “Buying an asset when the price is falling is generally a good thing. Buying a home now when mortgage rates are high and housing prices are falling means as mortgage rates stabilize or even drop, your house value will more likely inflate than if prices were rapidly increasing and mortgage rates were increasing. Rising mortgage interest rates and a potential recession may seem like bad news, but these trends could benefit would-be home buyers by cooling demand and dropping prices further, especially if the buyers are confident, they won’t lose their jobs and income.”  She further explained “Of course, a would-be home buyer must consider other important criteria besides housing prices before buying a house. Other important decision factors include having at least 20% for a down payment; whether you will live in the property for more than five years; and whether your monthly payment will be lower than 30% of your gross income.”

Although some may feel that buying a home while inflation & interest rates are higher is less than ideal, it may be a perfect time if you can afford it. You will avoid the bidding wars that kept so many buyers out of the market previously and you can refinance when the FED lowers interest rates, which some experts predict will start happening in 2023. 


If you’re considering a home purchase, or have questions about buying in this new market, please reach out and schedule a time with us to discuss your needs, options, and homes available to you.


Nancy Heim-Berg and The Heim-Berg Team
402-677-9024

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Heim-Berg Team
Berkshire Hathaway
331 Village Pointe Plaza
Omaha NE 68118
(402) 677-9024
(402) 679-7108 | (402) 830-6123
Fax: 402-493-4805

Stacey OHara CMG financial 515-306-2360

 

©2015 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices Ambassador Real Estate and the Berkshire Hathaway HomeServices Ambassador Real Estate symbol are registered service marks of HomeServices of America, Inc®. Equal Housing Opportunity. Equal Housing Opportunity Realtor License