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Metro Omaha Real Estate Blog

by Marie Otis, Realtor
Saturday, October 04, 2008
Today the historic $700 billion bailout bill passed Congress and was signed into law by President Bush.  We have all read for months about the distressed housing market and woes in the financial industry.  I thought it might be illuminating to take a look at the past year of residential housing sales in Omaha.   It’s true that the news is not positive but neither are we experiencing..(read more)
Friday, September 26, 2008
Omaha is in the midst of another great River City Round-Up and we’re having a terrific time.  However, last weekend my husband Jim was out of town so I gathered up the kids and we headed down to the Applejack Festival in historic Nebraska City.  We had a glorious time eating our way through a myriad of apple products, having our faces painted and watching the Applejack Parade.   If..(read more)
Saturday, September 20, 2008
Get out your western duds folks.  It’s time for Omaha’s own River City Round-Up.  From September 25-28 this town is going to be celebrating its cowboy roots planted deep in the prairie just west of the Muddy Missouri.  Omaha’s a family town and there’s great fun planned for the whole family.  According to the official website,   “Celebrating..(read more)
Friday, September 12, 2008
One of the big concerns buyers have when making an offer on a home is mold.  Usually it is one of the first things for which they ask to be tested.  Granted, if you walk into a house and the basement smells musty or you spot green, purple or black spots on the walls, chances are there is the presence of mold.   Mold can be hard on those persons with asthma or other sensitivities and..(read more)
Friday, September 05, 2008
A rule of thumb has existed for years that a homeowner can expect average appreciation of approximately 5% a year.  Years vary, of course, but over time this is the average.  During good economic times when buying and selling are brisk people feel confident and spend more money.  Then when something in the economy falters people will put their money into a savings account instead of..(read more)
Friday, August 29, 2008
Earlier this month I wrote about the Housing and Economic Recovery Act of 2008. I remind you that the $7,500 tax credit for first-time home buyers was not a credit but an “interest-free loan” that must be paid back.  Another aspect of that same bill ended the Downpayment Assistance by non-profit organizations that had been established for that purpose.  According to the mortgage..(read more)
Friday, August 22, 2008
In the good old summertime the heat really makes certain odors a lot, well, smellier.  I drove to work this morning with the windows open and was quite aware of every smell, good or bad, I encountered along the way.  It reminded me of an important seller’s Tip.  When selling your home just how your house smells becomes very important.  Nothing turns Buyers off faster than..(read more)
Friday, August 15, 2008
Omaha has hit the big time in the national media again.  This time it is MSN touting the nation’s best real estate bargain markets.  The Omaha-Council Bluffs, Neb.-Iowa metro area ranks 2nd!  The area has low unemployment (3.1%), an “affordability index” of 3.0, and an average commute time of only 21.7 minutes. We are certainly grateful to have Omaha again cast into..(read more)
Friday, August 08, 2008
I’m up at the Otis Family cabin again for a week of fun in the sun before getting the kids back to school.  I can’t believe school starts next week!    In the meantime, the President signed the Housing and Economic Recovery Act of 2008 into law.  The law basically tries to accomplish three things. The first is to help currently struggling homeowners to hold on to..(read more)
Friday, July 25, 2008
It has certainly week a big week around our office.  We just listed the first 96 condominium units for Midtown Crossing at Turner Park.  This is an exciting project for Omaha.  The development will literally be “A City in the Park.”  This single-phase project will offer a sense of community, security and convenience to residents and visitors.  Ultimately there..(read more)
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