Helping our clients sell their parent's house is a big part of our business. Check out out latest podcast where Chris and Jen Bober discuss our "Estate & Senior Real Estate Program" and how we continue to serve our clients through these difficult times.
Last year, one factor drove the real estate market more than any other: rising mortgage rates.
In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.
Some good news for buyers: While home builder sales climbed in April, the median new-house price fell to $420,800, an 8.2% decrease from a year ago.5 Meanwhile, the median existing-home price dropped to $388,800, down 1.7% year-over-year. Notably, existing-home prices rose in parts of the country but fell in the South and West. . .
It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low. Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often cash-heavy bids.
Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks.
The effort is worthwhile, however. A sanitary environment can keep you and your family healthier by minimizing your exposure to germs and allergens. Plus, researchers have found that organized, uncluttered homes have quantifiable mental health benefits, too, including reduced stress, improved emotional regulation, and increased productivity.
In this episode of the Keeping it Real Estate Podcast we are joined by Justin Pinkerton from Arbor Bank. Justin is one of our favorite lenders and Arbor Bank is a proud partner of Nebraska Realty. Chris & Justin discuss the current challenges buyers face as they navigate the world of buying a home.
Affordability has been one of the main obstacles for home owners recently. Mortgage interest rates more than doubling to around 7% over the last year has had a massive impact on buyers. Since lenders qualify buyers based on their income to debt ratio the added interest has lessened their purchasing power.
Buyers are beginning to accept the new "normal" of 6-7% interest rates and have come back in force with an insatiable appetite of becoming homeowners. Low inventory and high demand have pushed prices higher and made listings competitive again. It's fair to say buyers are finding it difficult to find, afford, and purchase a home.
At Arbor Bank, Justin focuses on educating his customers to understand their needs and wants. He works hard to understand a complete picture of their finances to ensure they are comfortable with the investment needed to purchase their home. His "Affordability Factor" takes into account their goals to meet their needs.
Justin really believes his customers should avoid the decision to buy based on a particular rate. They should focus on getting the best home the market within their purchasing power to become a homeowner. The benefits of home ownership are so great and they don't begin until a buyer actually buys a home! Only then can they begin to build equity, satisfy their housing needs, and live the American Dream of Home Ownership.
For more information about Justin Pinkerton at Arbor Bank go to https://www.arborbankmortgage.com/Tea.... You can give Justin Pinkerton a call at 402.213.4017 or email him at JustinPinkerton@arborbanking.com.
🤔Thinking of Buying or Selling a home in the Omaha, NE area? Let's Talk!🏡
💥 Search for Omaha Homes For sale at https://www.teambober.com/💥
👇 CONTACT INFO👇
Chris Bober
Team Bober Nebraska Realty
📞C:402.312.5076
📧chris@nebraskarealty.com
🖥teambober.com
👇Lets Connect👇
Website: www.TeamBober.com
Blog: http://teambober.com/blog
Instagram: https://www.instagram.com/teambober/
Facebook: https://www.facebook.com/TeamBober
LinkedIn: https://www.linkedin.com/in/chrisbobe....
Twitter: https://twitter.com/ChrisBober
Call us at (402) 312-5076 if you know of anyone needing to buy or sell a house.
***TEAM BOBER LISTING SYSTEM: https://www.teambober.com/sell
***TEAM BOBER VIP BUYER PROGRAM: https://www.teambober.com/buy
***TEAM BOBER 8 WEEK MARKETING PLAN: https://www.teambober.com/s/Team-Bobe....
* TEAM BOBER CLIENT WELCOME KIT * https://www.teambober.com/client-welc....
***TEAM BOBER AUCTION SYSTEM: https://www.teambober.com/auction
Any questions? direct message me, phone or text me at (402) 312-5076, or email me at Chris@NebraskaRealty.com
Team Bober was started by Chris Bober shortly after he joined Nebraska Realty in 2013. Chris is an 8 year NFL veteran who's commitment to excellence and tireless work ethic are used to serve his clients with a servants spirit. In 2016 he was joined by his wife, Jennifer, and together they serve their clients as a team. Chris and Jen are dedicated to providing the highest service to our clients the help them achieve their real estate dreams.
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.
2022 represented a major Shift in the Omaha Area Real Estate Market. It started as a very hot Seller's Market with mortgage rates around 3%. Since then rates have more than doubled which has put a major damper on affordability and buyer's became more hesitant. 2022 will finish with 10%+ fewer transactions than the previous year which is the first time that's happened in a long time.
Mortgage rates have stabilized and the Real Estate Market is picking up again to start 2023, but challenges remain for buyer's & sellers. In this episode of Keeping it Real Estate with Chris & Jennifer Bober we discuss how we have updated our systems and procedures to accommodate the shifting Market.
We explain our how a more balanced market is a benefit for many. Many aspects of the Real Estate transaction have come back into the mix. For example, it is becoming more normal for home inspections to be a part of the transaction. Also, buyer's have more leverage to ask for concessions so it's important for agents and their clients to negotiate in fairness.
Team Bober is dedicated to serving our clients in every market. Our Mission is to build relationships by providing excellent service to exceed our client's expectations. We accomplish this by educating and empowering our clients with authentic hospitality through client first representation.
Therefore, we have updated the Team Bober VIP Buyer Program to fit today's market. In this video we explain how we serve our buyer clients by first listening to understand their needs.
We found the best way to use our skill & experience to handle our buyer client's need is to follow a deliberate strategy to help them make their move. Out VIP Buyer Program has 3 requirements:
1) Get Pre approved by a lender so our buyer clients understand their Purchasing Power
2) Attend a Buyer Consultation Meeting to understand the process and so we can ask the proper questions and develop a game plan.
3) Hire Team Bober as your Realtor - we will commit 100% to the clients that trust us to take them through the process of buying a home
All our clients are added to our Client Appreciation Program so we can serve them long after working together. This often leads to repeat and referral business for Team Bober which helps build our business so we can focus on our client needs.
This video only covers a fraction of the services we provide. If you want to learn more, or know someone who may be interested in Team Bober's VIP Buyer Program, please reach out to us anytime!
Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most.
2023: New Year, New Market, New Tactics
2022 represented a major Shift in the Omaha Area Real Estate Market. It started as a very hot Seller's Market with mortgage rates around 3%. Since then rates have more than doubled which has put a major damper on affordability and buyer's became more hesitant. 2022 will finish with 10%+ fewer transactions than the previous year which is the first time that's happened in a long time.
Mortgage rates have stabilized and the Real Estate Market is picking up again to start 2023, but challenges remain for buyer's & sellers. In this episode of Keeping it Real Estate with Chris & Jennifer Bober we discuss how we have updated our systems and procedures to accommodate the shifting Market.
We explain our how a more balanced market is a benefit for many. Many aspects of the Real Estate transaction have come back into the mix. For example, it is becoming more normal for home inspections to be a part of the transaction. Also, buyer's have more leverage to ask for concessions so it's important for agents and their clients to negotiate in fairness.
Team Bober is dedicated to serving our clients in every market. Our Mission is to build relationships by providing excellent service to exceed our client's expectations. We accomplish this by educating and empowering our clients with authentic hospitality through client first representation.
Therefore, we have updated the Team Bober Listing System to fit today's market. In this video we explain how we serve our seller clients by first listening to understand their needs. The we take them through our process and explain the services we provide so they understand everything including how their property fits in today's market. Once we decide on a pricing strategy we formalize listing documents and get to work.
We use all our skill & experience to handle our seller client's need and help them through the listing period, manage the transaction, and see them all the way to closing. The combination of Chris' strategic mind and Jen's hospitality cover all our seller client's needs for the entire process. All our clients are added to our Client Appreciation Program so we can serve them long after working together. This often leads to repeat and referral business for Team Bober which helps build our business so we can focus on our client needs.
This video only covers a fraction of the services we provide. If you want to learn more, or know someone who may be interested in Team Bober's Listing System, please reach out to us anytime!
Click on this link to learn more from our blog:
http://teambober.myagent.site/is-the-real-estate-market-going-to-crash/
STILL HAVE QUESTIONS? WE HAVE ANSWERS
While economic indicators and trends are national, real estate is local. We’re here to answer your questions and help you understand what’s happening in your neighborhood. Reach out to learn how these larger movements affect our local market and your home’s value
🤔Thinking of Buying or Selling a home in the Omaha, NE area? Let's Talk!🏡
💥 Search for Omaha Homes For sale at www.teambober.com💥
👇 CONTACT INFO👇
Chris Bober
Team Bober Nebraska Realty
📞C:402.312.5076
📧chris@nebraskarealty.com
🖥teambober.com
👇Lets Connect👇
Facebook: https://www.facebook.com/TeamBober
Instagram: https://www.instagram.com/teambober
Twitter: https://twitter.com/ChrisBober
Call us at (402) 312-5076 if you know of anyone needing to buy or sell a house.
***TEAM BOBER LISTING SYSTEM:
https://www.teambober.com/sell
***TEAM BOBER VIP BUYER PROGRAM:
https://www.teambober.com/buy
***TEAM BOBER 8 WEEK MARKETING PLAN:
https://www.teambober.com/s/Team-Bobe...
*** TEAM BOBER CLIENT WELCOME KIT ***
https://www.teambober.com/client-welc...
***TEAM BOBER AUCTION SYSTEM:
https://www.teambober.com/auction
***Videos You May Also Enjoy***
How to Market Your Home: https://youtu.be/G90Nh9WDXEI
Preparing Your Home for Sale: https://youtu.be/fuqmMgAIgPw
Real Estate Pricing Strategies: https://youtu.be/5Jn0hVM_X30
Say hello and follow me here:
Website: www.TeamBober.com
Blog: http://teambober.myagent.site/
Instagram: https://www.instagram.com/teambober/
Facebook: https://www.facebook.com/TeamBober
LinkedIn: https://www.linkedin.com/in/chrisbobe...
Twitter: https://twitter.com/ChrisBober
Any questions? direct message me, phone or text me at (402) 312-5076, or email me at Chris@NebraskaRealty.com
__
Team Bober was started by Chris Bober shortly after he joined Nebraska Realty in 2013. Chris is an 8 year NFL veteran who's commitment to excellence and tireless work ethic are used to serve his clients with a servants spirit. In 2016 he was joined by his wife, Jennifer, and together they serve their clients as a team. Chris and Jen are dedicated to providing the highest service to our clients the help them achieve their real estate dreams.
Last year, one factor drove the real estate market more than any other: rising mortgage rates.
In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.
Team Bober has Realtors who hold Real Estate licenses in Nebraska & Iowa
