Monday, August 31, 2009

Foreclosures

I am sure all of you have heard about the increasing amount of foreclosed homes entering the real estate market in Lincoln, NE. So what does this mean for all of here in Lincoln?

Well for buyers it means there are a lot of "great deals" to be had out there! Many of these foreclosed homes can be purchased a price far less than the fair market value. However beware... some of these homes do need a lot of T.L.C. to get back into shape. You may or may not want to get into that sort of situation. There are still some real gems out there though. If you are interested in finding one of those great deals, contact us today for our weekly foreclosure "best buy" list!

For those of you who are unfortunate enough to be facing foreclosure, don't lose hope. You do have options. There are several options in fact such as the making home affordable programs that the government has developed to help families facing foreclosure in these tough economic times. There are several other options as well which would best be explained by a real estate professional. So please contact me if you are in a similar situation so that we can help you avoid a foreclosure on your record.

Jason Korn
The Korn Team
Your Real Estate Consultants... for LIFE!
402.436.3379
jason@kornteam.com

Friday, August 28, 2009

Lincoln, NE Real Estate Update

Well, it's time for another Lincoln, NE real estate market update from The Korn Team! According to the Lincoln Multiple Listing Service here are the current numbers of homes sold to date as well as homes currently listed:

Currently listed residential homes in Lincoln, NE: 1,424
Sold residential homes in to date in Lincoln, NE: 2,106

What we've noticed this year is that the time homes are setting on the market has been much shorter (in most price ranges) than this time last year. Which is great news for Lincoln! Particularly homes $250,000 and below are moving quicker. Unfortunately, homes over $250,000 are actually sitting on the market longer than this time last year.

Point is, the market is definitely making a come back in Lincoln, NE and we are all glad to see that!

For more information about the Lincoln, NE real estate market or how you can get the home of your dreams for a great price, contact me at 402.436.3379 or jason@kornteam.com

Jason Korn
The Korn Team
www.KornTeamLincoln.com

Thursday, August 27, 2009

Lincoln is Ranked #2 on Forbes list...

Lincoln, NE was ranked #2 recently by Forbes Magazine in regardst to U.S. cities who have recovered the most from from the real estate decline. True, we did not take the hit that many cities did but, nonetheless, what a great piece of positive news! This is largely due in part to the resurgance of home sales in the $160,000 and below price range.

Why?

You guessed it... the $8,000 first time home buyer tax-credit! Anyone who is thinking about selling their home (in this price range) contact me RIGHT AWAY! This is your golden opportunity to get your home sold quickly & for top dollar with the right mix of aggressive marketing and competitive pricing!

Time is running out for first time home buyers in Lincoln, NE to take advantage of the $8,0000 tax-credit so call me today for a FREE market analysis of your home!

Jason Korn
The Korn Team
402.436.3379
jason@kornteam.com