Nebraska, also known as the Cornhusker State, became the 37th state in 1867. A size of 77,358 square miles makes is the 16th largest state by size, and the population of 1,896,190 makes Nebraska the 37th largest state by population. The Great Plains make up a large part of the state’s landscape with rolling hills scattered across some areas. So, what does the 2016 Nebraska real estate market currently look like? … [Read more...]
2015 Nebraska Real Estate and Housing Market Predictions
While the economy in Nebraska isn’t precisely among the top state economies in the country, it is stable enough to make the housing market predictions for the state appear quite favorable. Ranking as the 25th in the nation, the economy here relies heavily on agriculture (both historically and currently), which doesn’t lead to a spectacularly large gross product and earnings. However, this economy manages to bring about a certain level of … [Read more...]
2014 Nebraska Housing Market
The state of Nebraska housing market experienced two stand-out years in 2013 and 2012. Omaha’s metropolitan area fared particularly well in terms of homes sold over the course of that time period. Similarly, the number of new housing permits released in 2013 set a four-year record in Omaha. Of course, this record breaking figure left buyers and real estate market experts wondering if the 2014 Nebraska Housing Market would produce similar results, … [Read more...]
The Best Real Estate Markets 2013
When considering which real estate markets are the best, it is wise to look at home sales among other aspects as this number often reveals a thriving real estate market. Below is a list of the top 25 real estate markets in America today from the least to the greatest: Oklahoma City, Oklahoma: According to trulia.com, the median sales price for homes in Oklahoma City from April 13th to June 13th was $126,000. This represents an increase of … [Read more...]
70 US Cities Forecast with Higher Home Prices
By Mike Colpitts Nearly mid-way through the year 70 U.S. cities housing markets are forecast to recover in 2012, and some of them are already making successful inroads on their way with appreciating home prices. The cities include five that were forecast by Housing Predictor at the beginning of the year to appreciate in value, including Miami, Florida which is seeing unparalleled appreciation in the single family home market and … [Read more...]
Higher Home Values Forecast in 85 Cities
As the recovery of the U.S. housing market gains traction, higher home values are forecast to develop by the end of 2012 in 85 cities, according to Housing Predictor analysts. The upturn in home prices is especially evident in many of the hardest hit states. The growing trend of home price inflation is developing strongly in Nevada, Arizona, Kansas, Nebraska, Oklahoma and greater portions of the Mid-West. Improving communities include five of … [Read more...]
70 US Cities Forecast with Higher Home Prices
By Mike Colpitts Nearly mid-way through the year 70 U.S. cities housing markets are forecast to recover in 2012, and some of them are already making successful inroads on their way with appreciating home prices. The cities include five that were forecast by Housing Predictor at the beginning of the year to appreciate in value, including Miami, Florida which is seeing unparalleled appreciation in the single family home market and … [Read more...]
Real Estate Recovery Likely to Produce Higher Home Prices
By Mike Colpitts The fallout from the real estate collapse is starting to see a turn around in some areas of the U.S. Home sales slid 7.4% in March in western U.S. states but fell more modestly in the rest of the country, according to the National Association of Realtors. But home prices in some regions are rising, delivering a promising sign for a nationwide recovery. The national median existing home price was $163,800 at the end of … [Read more...]
Home Values Rising in Hard Hit Markets
By Mike Colpitts A tighter inventory of homes listed on the market for sale are sending home values rising in some of the most unlikely U.S. housing markets, according to real estate research firm CoreLogic. Three states which cities have experienced some of the steepest deflation in home values in the nation are witnessing appreciation. Hard hit Florida, Michigan and Arizona are seeing a boost in average home values. Led by long suffering … [Read more...]
Economists Forecast Sharp Real Estate Rebound
By Mike Colpitts A group of leading U.S. economists forecast broad improvements in the nation's economy, real estate capital markets and the housing market through 2014. The projection was issued after the Urban Land Institute surveyed economists for its new real estate consensus forecast. The survey of 38 economists across the country, found that 2012 may mark the beginning of a turnaround in the housing market. Single family home starts, … [Read more...]