Omaha Real Estate Market Update for Spring 2014

Know anyone who's interested in buying a home? If you have any friends, family, or co-workers who are looking to own their first or second home - would you forward this message to them? We'll be happy to show them our 7 new construction home plans along with the benefits of owning a Charleston Home so they can make a decision that's right for them. 

Omaha Real Estate Market Update for Spring 2014

Today I will be providing you with a real estate update for this spring in Omaha. The market still continues to look good, but I really want to touch up on 3 different things today.

1. Interest rates: Interest rates are still historically low in the 4%-4.5% range. Everyone expects them to rise near 5%, but there has been no certainty that this will actually happen.
2. Cost of building: Building costs have stayed the same over the last 6 months, but I would anticipate these costs to rise by next year. 
3. Scarcity of Land: The supply of lots has decreased greatly in the last 2 years with the increase in new building in Omaha. As supply decreased and demand increased, this also drove the prices of these lots up.

Overall, I think this is a good time to be in the market. If you wait to buy, things will only get more costly. Your buying power is very high right now, so if you're on the fence, now is a good time to hop off.

It's also a great time to be a seller in this market because homes are moving very fast and low interest rates are spurring buyers to make their purchases now instead of next year.

Thanks again for tuning in to this video blog. If you ever have any questions or if you would like some advice about the Omaha real estate market, then feel free to contact us via phone or email.

Perform this Quick Check List on Your Furnace this Spring!

Know anyone who's interested in buying a home? If you have any friends, family, or co-workers who are looking to own their first or second home - would you forward this message to them? We'll be happy to show them our 7 new construction home plans along with the benefits of owning a Charleston Home so they can make a decision that's right for them. 

As we transition into the spring season, I wanted to give you a quick checklist for your furnace and other mechanics within your home:
 

1. Check your furnace filter. This is first and foremost – filters need to be checked on a monthly basis. Remember to match the arrows signifying the direction of your furnace’s airflow. Make sure you have a new filter going into spring!
2. Check your condensation lines. These lines can become clogged from debris or sludge and they should be replaced every 2-3 years.  If the lines become obstructed, moisture will not be able to pass through from the air conditioning coils. Be sure you are checking both the A/C and the furnace condensation lines. Your lines should also be zip-tied to the drain to allow for clean drainage.
3. Switch your humidifier from “winter” to “summer.” This must be done as soon as you start running your air conditioner.
4. Overall cleanliness. Be sure to remove dust and cobwebs from the exterior of your furnace. Also, have your furnace professionally serviced every 2-3 years. The same goes for your air conditioner.
 

If you have any questions, feel free to give us a call or stop by one of our model homes. Thanks and have a great day!