By Jeff Adolph
Real Life Real Estate
Residents of Nebraska the whisper is on the wind that some local realtors believe that lower priced houses are easier to sell in Sarpy County than in the metropolitan areas, while others feel the market is tight in any price range.
At the moment it seems everyone has an opinion on the subject of housing, in fact, some feel that home sales have slowed because of the new building saturation, that the market value rise had to plateau and even out at some stage and that time is now, or that the coming winter always puts a dampener on sales.
Whatever the case, it can sometimes be a little tricky knowing what's available and where, so if you're searching the Nebraska area for a house at present here is an insight into what buyers and sellers are doing at present.
Avery Hills
Having a new house being built in the Spring Creek subdivision meant Rob and Brenda Larsen had exactly eight months to sell their exisiting house. Deciding not to hold it off in case their home was hard to sell, the Larsen's put it on the market last month and it sold two weeks ago. With the sale closing in a month it means the Larsen family will either have to rent while their new home is finished or stay with relatives. However, as Rob stated, 'I'd rather have it sold than waiting through spring worrying about it.'
Rob had noted previously that other houses in their area had been on the market for as long as six months, and puts his speedy sale down to pricing his home right.
Old Towne
This is first home buyers paradise with many houses in the $100,000 and below range and as long as your home is clean, tidy and well priced you should find a buyer.
As Brian Wilson, a real estate agent said of this price range, 'it's probably the easiest market to sell because there's more buyer's in that $80,000-$120,000 range.'
Brain admits when it comes to the overpriced house it really stands out in this price range, especially when the buyer has looked at a plethora on the market. His belief is homes will sell all over if they are well-priced, clean and ready to go. There's just as many people in the market buying homes, it maybe down just a bit - 5 or 10% - but the number of sellers has gone up.'
Tregaron
There is a great deal of homes in the area that fall between the $275,000-$400,000 price range and they are slow to sell.
As Linda Hayton, a realtor added, 'there are many end-end houses on the market and people are buying them. It's just that it takes a certain buyer for these homes.'
Plus, Linda understands that many people in this price range are definite about their wants and if an existing house won't meet their demands they will elect to build instead. Also, the taxes that apply to the high-end homes in Nebraska do not make a good selling point, especially when other states are a third of the cost.
Linda said sales in her area were only produced it, 'the home was in good shape, had a good floor plan, and in a good location. And above all, it had to be priced right.'
Therefore, having compared three localities in Nebraska, it seems pricing your home right is the most important point to consider before selling. Closely followed by presentation, location and being ready for the buyer to move into. And, these apply to almost every home being sold nationwide.
Source: Bellevue Leader (2006) Market Watch: available online at http://www.bellevueleader.com/site/tab3.cfm?newsid=17307071&BRD=2712&PAG=461&dept_id=559851&rfi=6
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© 2006 Jeff Adolph GayRealEstate USA
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