Lot Availability in the Omaha Metro

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It’s no secret that the real estate market has been on the rise. Financial barriers that prevented people from buying and building are far behind.  

Walt Slobotski, of NP Dodge Real Estate, reported in 2008 there was a total of only 28 lots sold during the entire year. It’s almost the middle of 2013 and they have already closed 147 lots and have 120 pending.  

What does this mean for future buyers?

Lots are being bought up quickly, which is great; however, not much new land has been developed. A shortage of desirable lots is inevitable in the near future.  

To make sure our clients have desirable lots to choose from in 2014, Charleston Homes has bought 350 lots and put them in inventory.  

If you are thinking about building, our suggestion is to do so sooner rather than later.  Land developments can take anywhere from 18 to 24 months to complete.  Now is the time to buy: there is lot availability, interest rates are low and the market is great. Take advantage of the opportunity before things change.  

Please feel free to visit our models at Saddlebrook or Pebblebrooke if you are interested in building a new home and you can always get more information from our website at www.CharlestonHomesOmaha.com.