Omaha Real Estate NE

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Buyer or Seller’s Market?

Posted on | January 28, 2011 | No Comments

Everyone knows that the only time you can tell if a market has hit bottom is the first month that prices start moving up. SO you will have already missed the bottom!
Here are some indicators to watch for to find the bottom of a market.
(Every area of Omaha has it’s own market so if you want to know information regarding a specific area or neighborhood, please let me know.)
1. Inventory has started to drop.
2.Seller’s are giving the maximum % of costs back to the buyer.
3. Prices going up…they need to be watched month to month not over the traditional 12 month time span.
4. Sellers are receiving multiple offers.
5.Days on the market begin dropping.

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