The real estate market can be fickle but living in the midwest keeps our market a bit more stable according to VeroForecast. Our lower median home price makes us less susceptible to the effects of the interest rate. A typical home in Omaha and Lincoln is about 25% lower than the national average so as people are shifting from other areas to live in the midwest, they are pleased with the cost of housing. They anticipate appreciation in Omaha at 6.4% over the next 12 months placing Omaha #3 on the strongest-performing markets list. Lincoln tops the list at #1.
Comments