Omaha's housing market

[HCFord1]

Looking in West Omaha, considering before this I lived in Denver and Charlotte the prices here are far superior even with the decline in supply and for my wife and I is probably the best fit for us. I also think that West Omaha is going to hold or appreciate value very well over the next 10 to 20 years which is the timeframe I am looking to hold the house for.

A lot of the new construction out there is insanely priced, but there’s some good value in the non-new builds.

 

[YankeesJunkie]

A lot of the new construction out there is insanely priced, but there’s some good value in the non-new builds.

Yeah, no way I am getting a new build, prices are insane.

 

[Faux Sean Callahan]

 

[BushAK]

Housing prices are pretty steep where I live too. The cost of living is cheaper than Anchorage so a lot of people live out here and then commute 40 minutes to Anchorage.

I’m actually trying to get back into shape so I can fire up an only fans account yo help make ends meet.

 

[BluesBucksNHuskers]

I would assume with the interest rate going up it will get easier to find a house, but then you better have a solid down payment. Part of me actually would prefer a recession if it wipes out inflation, and it’s a time to get deals across the board.

I bought a little starter home for 100k about 12 years ago when I was like 23. That suckers damn near paid off and worth double what I bought it for so the down payment is the least of my problem.

The hardest part has been my wife and I having a specific list of must haves and every house under 700k requiring a bidding war

 

[Cash68847]

I bought a little starter home for 100k about 12 years ago when I was like 23. That suckers damn near paid off and worth double what I bought it for so the down payment is the least of my problem.

The hardest part has been my wife and I having a specific list of must haves and every house under 700k requiring a bidding war

Couldn’t you just build for 600-700k and get what you want?

 

[Goskers07]

Sold my house in Omaha to move back to Chicago, a year later it got sold again for 25% more within days of listing, no improvements, shittier furniture in the listing photos.

It's a wild market right now. We considered buying a new house about a year ago. Got some comps done on our house so we could sell. I bought it 5 years ago and have done nothing in terms of valuable improvements. The comps came back saying I could sell for over 50% more than what I bought it for.

 

[Baron Winnebago]

It's a wild market right now. We considered buying a new house about a year ago. Got some comps done on our house so we could sell. I bought it 5 years ago and have done nothing in terms of valuable improvements. The comps came back saying I could sell for over 50% more than what I bought it for.

 

[Bootleg11]

Makes sense since you’re close to a bigger city. I’m guessing if you’re in NW Kansas that price is a lot different.

Probably so. Houses don’t publicly come up for sale in this town very often. When they do they usually go quick. Anything under $300k general never actually goes on the market

 

[Cash68847]

Probably so. Houses don’t publicly come up for sale in this town very often. When they do they usually go quick. Anything under $300k general never actually goes on the market

I honestly don’t know why anyone is using a realtor to sell at this point. They are a waste of money. Most houses where I am at get over asking price now.

 

[Jim14510]

A nice 50% pull back in farmland values would be tits in a couple years.

No way for a small guy to buy land at these whore house prices.

Don't see 50% like ever. 10% maybe.

 

[Jim14510]

Same, but not Omaha. Moving from super affordable New England back to the Midwest

Why do you hate Nebraska or just Omaha?

 

[HuskerDocCo]

rather stick my dik in a vending machine than live in Omaha thanks gbr !!

 

[Kaladin]

rather stick my dik in a vending machine than live in Omaha thanks gbr !!

 

[Jim14510]

Yeah, no way I am getting a new build, prices are insane.

Personally I love my location 132nd and Blondoish. If my offices weren't 90th and Dodge and east (Glenwood being the furthest) and kids schools being 72nd and dodge and east, I'd seriously consider going back towards and maybe even in Yutan. Gretna-Bennington far west. Those are the fastest growing areas.

 

[Jim14510]

rather stick my dik in a vending machine than live in Omaha thanks gbr !!

Yeah well you're probably going to run out of water in Arizona. What then?

 

[Baron Winnebago]

Why do you hate Nebraska or just Omaha?

Nebraska's fine. Just happened that lots of my friends/wife family have ended up in Des Moines so that made more sense

 

[HuskerGarrett]

Those property taxes back there are what really fuck you. I was strongly considering moving back a couple years ago but realized I needed a house $200k cheaper just to keep the same mortgage payment due to Nebraskas property taxes

 

[Jim14510]

Those property taxes back there are what really fuck you. I was strongly considering moving back a couple years ago but realized I needed a house $200k cheaper just to keep the same mortgage payment due to Nebraskas property taxes

Yeah but the house you're currently living in is 200k (or more) cheaper.

 

[Baron Winnebago]

Yeah but the house you're currently living in is 200k (or more) cheaper.

Garrett ain't learning about finance on tiktok