Omaha's housing market

[Jim14510]

When I look at what I can afford right now when I'm in a personal situation where buying a house is feasible vs what the same money would've bought just a couple years ago...

Wait until you buy a house at today's prices and then look back 5 years from now after they've ramped up production.

 

[Toe]

Wait until you buy a house at today's prices and then look back 5 years from now after they've ramped up production.

What ramp up in production? I mean America hasn't built enough housing to keep up with population growth in like 20 years, that gap probably ain't gonna be closed in just five years.

 

[Jim14510]

What ramp up in production? I mean America hasn't built enough housing to keep up with population growth in like 20 years, that gap probably ain't gonna be closed in just five years.

Was mostly sarcastic. Especially if we're talking Omaha/Midwest. Prices shouldn't go down too much. Overall they'll probably be further behind in 5 years. Need a bunch more builders. Would be a good business to go into/expand in right now.

 

[God is a Husker]

Lordy

 

[iruletheskool]

Lordy

What does this mean

 

[Toe]

Yeah, if that green line could just, uh, start following that red line for a few months? That'd be great.

 

[Cash68847]

Yeah, if that green line could just, uh, start following that red line for a few months? That'd be great.

And the interest rate will keep going up.

 

[Toe]

Welp, just had an offer accepted.

 

[HuskerGarrett]

Welp, just had an offer accepted.

Congrats!

 

[Juro]

Lordy

As a colorblind guy, I hate this chart.

 

[iruletheskool]

Just moved in in Lincoln, deuces NC

 

[HCFord1]

Just moved in in Lincoln, deuces NC

You still teaching? From my experience, and I'm sure that you can agree, the students in Lincoln Public Schools have the highest aptitude for learning of any children in the world.

 

[HCFord1]

House next door just listed for $800k. 3,300 sq ft 3 bedroom. They're trying to act like it's special because Warren Buffett rented it for two years in the 1950s when he started his investment company.

Anyway, hopefully it sells for that because it'd be great news for our property value.

Sold for $850k to a guy from California with a cash offer. Insanity.

Also, apparently Warren Buffett made an offer and it was way below asking 🤣

 

[God is a Husker]

Speaking of Cockeye (Swimtown), 100 acres of crop ground just sold for $2.6 Million in Cockeye.

Jameis Christ @22*43*51 that’s just stupid numbers given the current market and input costs. ROI on that (via farming) won’t break even during the Buyer’s lifetime.

The USDA/FSA is inadvertently creating a bubble that could create another 1980s farm/rural America crash because some producers are going into unsustainable crushing levels of debt just because they are allowed to.

However, thankfully we now we have Chapter 12 Bankruptcy (passed in 1986 because of how bad it was) and we have Federally backed Ag loans so if there is another crash it won’t be as bad as it was before when so many family farms and small banks went tits up.


Thank God/Lakshmi (Hindu god of money) that our tPB Farming Gang isn’t as stupid as the Cockeye buyer mentioned above

Shoutout my boyz: @Woodrow F Call @scotchfrost9697 @Mustangblood

 

[God is a Husker]

You still teaching? From my experience, and I'm sure that you can agree, the students in Lincoln Public Schools have the highest aptitude for learning of any children in the world.

I learnt jus as good as ewe did at Falls City PUBLIC High School.


Tell this city boy about how we Tigahs know all the numbers and letters and everything he does. @Huskerbuck85

 

[iruletheskool]

You still teaching? From my experience, and I'm sure that you can agree, the students in Lincoln Public Schools have the highest aptitude for learning of any children in the world.

Yep and agreed

 

[Mustangblood]

Speaking of Cockeyes (Swimtown), 100 acres of crop ground just sold for $2.6 Million in Cockeyes.

Jameis Christ @22*43*51 that’s just stupid numbers given the current market and input costs. ROI on that (via farming) won’t break even during the Buyer’s lifetime.

The USDA/FSA is inadvertently creating a bubble that could create another 1980s farm/rural America crash because some producers are going into unsustainable crushing levels of debt just because they are allowed to.

However, thankfully we now we have Chapter 12 Bankruptcy (passed in 1986 because of how bad it was) and we have Federally backed Ag loans so if there is another crash it won’t be as bad as it was before when so many family farms and small banks went tits up.


Thank God/Lakshmi (Hindu god of money) that our tPB Farming Gang isn’t as stupid as the Cockeyes buyer mentioned above

Shoutout my boyz: @Woodrow F Call @scotchfrost9697 @Mustangblood

Beginning farmer program here so I’m living off that government fat tit of cheap interest rates right now.

 

[Toe]

Main inspection on the house I'm buying was today. They said "I think you're buying a pretty solid house!" 🥳

 

[Baron Winnebago]

Main inspection on the house I'm buying was today. They said "I think you're buying a pretty solid house!" 🥳

Hell yeah brother

 

[God is a Husker]

Main inspection on the house I'm buying was today. They said "I think you're buying a pretty solid house!" 🥳

Email the inspector this gif