Introduction: Despite challenges in the real estate market, there are several positive trends that present opportunities for both buyers and sellers. With median closed prices and inventory supply increasing, it's an excellent time to explore your options in the market. A Promising Rise in Median Closed Prices: The real estate market has experienced an encouraging 8.7% increase in median closed prices for both new construction and existing homes. This growth reflects a steady demand for properties and indicates a strong market with potential for continued appreciation. For sellers, this increase presents an opportunity to capitalize on their investments and achieve a favorable return. Increased Days on Market: While the days on market have increased by 121.9% for new construction and 81.8% for existing homes, this trend offers benefits for both buyers and sellers. For sellers, it provides additional time to showcase their properties and attract the right buyer. For buyers, the increased days on market allow for more thorough property research and informed decision-making. A Surge in Inventory Supply: The months supply of inventory has grown significantly, with a 151.6% increase for new construction and a 66.7% increase for existing homes. This upturn in supply creates a more balanced market, presenting buyers with a wider variety of options to choose from. With more homes available, buyers can take their time to find the perfect property that  fits their needs and preferences. This also benefits sellers, as a larger pool of potential buyers can lead to increased interest and more competitive offers for their properties. Conclusion: Although the real estate market has faced some challenges, the growth in median closed prices, increased days on market, and a surge in inventory supply have created a more balanced market with opportunities for both buyers and sellers. By staying informed about these positive trends, buyers can find their dream homes and sellers can make the most of their investments. As always, working with an experienced real estate agent can help navigate these market conditions and make the most of the opportunities available.

Read more

Looking for a home that's perfect for entertaining or enjoying a relaxing swim on a hot summer day? Look no further than 1004 Durand Drive, Bellevue, NE 68005. This beautiful 3 bed, 3 bath raised ranch boasts a two-car garage and a gorgeous inground pool that is sure to impress your guests. Step inside and you'll find that this home has been remodeled with numerous modern touches. The main floor features an open concept living area with a spacious living room, dining area, and a beautifully updated kitchen with stainless steel appliances. The custom remodeled country chic full bathroom with a jetted tub is a real showstopper. The large master bedroom is a true retreat, complete with an en-suite bathroom with a walk-in shower. Two additional bedrooms provide ample space for family or guests, and one guest bedroom even includes a convenient Murphy bed. The finished basement features a non-conforming 4th bedroom adjacent to a remodeled full bathroom with a large luxurious jetted tub. The backyard is a true oasis overlooking one of the ONLY in-ground pools in all of Bellevue! The pool area is perfect for entertaining or just relaxing with friends and family. The fenced-in yard provides privacy and security for your loved ones. Located in a quiet and family-friendly neighborhood, this home is conveniently located near shopping, parks, and schools. With a listing price of just $285,000, this home won't last long! Don't miss the chance to own this beautiful home that is perfect for entertaining and relaxing. Schedule a tour today and see for yourself why 1004 Durand Drive is the perfect place to call home.

Read more