One of the main factors driving real estate news headlines in 2022 is rising mortgage rates. As mortgage rates increase this has greatly shifted the demand for homes and helped to even out the market slightly. However we are still within a seller's market and home inventory, though it has increased, remains low.
In addition to this, the National Association of Realtors has shared that compared to one year ago the average monthly mortgage payment has increased 53.7% and is now $1944, last year's average payment average was $1265.
For potential homebuyers this can seem like purchasing a...
Anytime is a great time for coffee, but there is just something about heading out to a coffee house in the fall to grab a warm and comforting cup of well-made coffee. If you are new to the area or just looking for a new coffee spot may we recommend one of these unique spots local to Omaha?
The best coffee shops in Omaha with Unique Flare
This is probably not the first place someone living in Omaha would think to grab a cup of coffee but it is a great place to enjoy a warm hot beverage while playing one of the hundreds of board games available in the store. They have everything...
No matter your income or your homebuying budget for a majority of people a home purchase is the biggest purchase they will ever make. But there are some common mistakes that many homebuyers are making costing them more money on their home purchase than it actually should.
Here are Some Mistakes to Avoid That Can Save You Money on a Home Purchase
Not Having Current Knowledge of Your Credit Score
A large factor in the mortgage interest you will be offered when you apply for a mortgage on a home purchase is your current credit score when you apply. The higher your score, the lower the interest...
Is there a coming housing bubble crisis? This is a question on a lot of Americans' minds right now as they hear the news about the economy and the shift in the real estate market.
Some financial companies like the credit reporting agency Fitch have shared that they believe a severe downturn is on the horizon for the housing market. In some areas, home prices have decreased 10-15% and housing activity has fallen around 30% nationally.
The National Association of Home Builders has shared news of a housing recession because of information...
It's important to remember that home upgrades — much like everything else in life — are a balancing act. While some typically add value, others might have you see very little return on investment (ROI). Another fact to remember is that style is subjective. What you see as an improvement, someone else may view as an inconvenience or maintenance hassle.
Making the space your own can be an enjoyable adventure worth undertaking. However, before jumping in on the DIY home improvement game, be sure to research the best strategies to boost your home’s value. For more examples of costly backyard mistakes, please see the accompanying resource. Graphic created by Pool Troopers.
The fall season is just around the corner, and when many people think of fall they think of checking out a local farm and picking out the perfect pumpkins to take home and decorate the front steps of the porch and later turn into a fun lantern for Halloween night.
If you are new to the area and curious as to where you can find a pumpkin patch near Omaha look no further than our list of Omaha Pumpkin Patches.
Farms Growing Pumpkins in the Omaha Area
For convenience, we have listed these pumpkin patches in order of their distance from the city of Omaha with the exception of the first listing.
After purchasing a new home there is more to your housing costs than just paying for your monthly mortgage bill. There are things to budget for that come with owning a home from buying new furnishings to maintaining the property.
Many first-time homeowners think that they can take a breath of relief after they get closing the purchase of the property out of the way but there are several additional costs of home ownership that can add up and should be budgeted for before agreeing to that monthly mortgage payment to ensure that you can afford homeownership.
Here are some additional costs to include in your home buying budget
Have you ever asked a real estate agent a question and not received a direct and simple response? Have you ever wondered what would have caused them to answer the question without really answering it?
Asking a question like "what are the best schools in the city?" or "is this neighborhood actually safe?" might seem like simple and harmless questions, but in terms of asking a real estate agent, there are some items considered as steering.
What is steering in the real estate world?
Real estate steering is used to describe when a real estate agent is considered to be influencing a client's decisions based upon characteristics that have been outlined in the fair housing act. This can include items such as race, religion, disability, familial status, nationality,...
Labor Day weekend is just around the corner and if you live in the Omaha area and are looking for some fun ways to spend your long weekend before getting back to the hustle and bustle of everyday life there are many great activities to enjoy.
Here's a list of fun Labor Day Weekend events in 2022 happening in the Omaha area
La Festa Italiana
This is an annual Italian festival in Omaha and is very popular and many people in the area look forward to it. Enjoy authentic Italian food and awesome live entertainment as well as opportunities to purchase local goods. The festival is at II Palazzo 5110 N. 132nd St.
Though we are heading into the last half of summer there is still plenty of time to enjoy the long sunny days. And there are plenty of fun free activities still going on in Omaha throughout the month of August. One of the best free activities is enjoying the summer concert series around the city.
Here are some free summer concerts coming up in August to enjoy
Playing with Fire at Midtown Crossing
You can catch this concert on August 12 and 13th at Turner Park 3110 Farnam St. in Omaha. The park opens at 4 PM for seating and the music will start at 5:30 PM.