Around Omaha: College World Series Edition

There are many great Omaha area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 402-957-1116 for a FREE home buying or selling consultation to answer any of your real estate questions.  

In this week's "Around Omaha" segment, we are here at the opening day of the 2014 NCAA Men's College World Series. This is a great time in the city of Omaha and if you haven't checked it out yet, you need to. There is a wide variety of different foods, entertainment, and games that make this a fun environment for all ages, regardless if you are a baseball fan or not. We thought it would be a good idea to ask some visitors what they thought of both the CWS and Omaha.

Two young baseball players from Iowa remarked about how much they love the games. There are numerous stores, vendors, and activities for people of all ages, including the FanFest area where you can try your luck in the batting cages.

We talked to a couple from Dallas, Texas who are here to see The Longhorns play. They told us how much they love the city, especially the farmer's market. They said the weather was beautiful and the culture, like the people, was great.

Finally, we caught up with a few of America's finest, one from Arizona, and one from Georgia, who pointed out the great steakhouses and the Henry Doorly Zoo as additional bonuses to complement the great atmosphere of Omaha.
 

Thanks for joining us at the 2014 NCAA Men's College World Series. We look forward to talking with you soon! 

May 2014: Omaha Real Estate Snapshot

There are many great Omaha area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 402-957-1116 for a FREE home buying or selling consultation to answer any of your real estate questions.    

Omaha Real Estate Snapshot for May 2014
Today I will be giving you a sneak peak into what happened in our metro real estate market this May. Hopefully this data can help you to make more informed decisions and maximize your opportunities when you're buying or selling in Omaha.

• Average days on market was 48 days, which is down 4 days from April.
• In total, 1,195 units were closed in May, which is a healthy increase over last month. 
• Our inventory is at 3.1 months (or roughly 3,677 properties left on the market). 
• We are still in a neutral market, but we're heading towards a seller's market according to these numbers. Once we drop below 3 months of inventory, you may want to consider putting your home up for sale. A lot of homes are selling in less than 2 months, and some are even selling in 2-3 weeks. 
• Average List to Sale price ratio is at 98% which is consistent with numbers from previous months. This means that we're seeing sellers get a little bit more money for their homes.
• Interest rates are sitting right at 4.25-4.5% for people that have the best credit. However, these rates are expected to rise in the coming months. This means that if you're considering taking out a mortgage loan, don't wait!

If you have any other questions about the real estate market here in Omaha, then please don't hesitate to contact us via phone or email. We can give you more detailed breakdowns of what is happening in each neighborhood in our city.
 
I would be more than happy to address any of your issues or concerns. Call me at 402-957-1116 or email me at info@OmahasElite.com.