Monday, October 25, 2010

What Your Home is NOT Worth

Your home is NOT worth...

1. What you NEED to get for your home.

2. What you think you SHOULD get for your home.

3. What your neighbor's home sold for.

4. What your friend's home sold for in Omaha.

5. What the county assessor values your home at (in most cases).


These are just some of the many things I hear from sellers when going on listing appointments. The fact of the matter is, in real estate, your home is worth EXACTLY what the MARKET says it is worth.

The market is telling you what your home is worth. Are you listening?

If you would like to know the value of your home or if you have any Lincoln, Nebraska real estate market questions... please don't hesitate to contact me anytime!

Jason Korn
The Korn Team
RE/MAX Real Estate Concepts
www.WeSellLincoln.com
www.twitter.com/JasonKorn
jason@kornteam.com

Friday, October 22, 2010

Comparing September 2010 to September 2009 Lincoln Real Estate Statistics

I often get asked, "So how's the Lincoln real estate market since the tax-credit has ended?"

Well the truth of the matter is that we have definitely seen a "hangover" from the tax credit. Now, I don't like to focus on the negative or just spout out negative things but, I do think that simply sharing the facts is okay and can be very helpful.

So each month I'm not only going to give the previous month's real estate statistics for Lincoln, Nebraska, I'll also be giving the previous year's stats for that month. Keep in mind, last year we had the tax credit. So let's compare!

In my last blog post I shared September 2010 real estate stats. Here is a look at September 2009:

# of Homes Sold: 323
Avg. Sale Price: $142,342
Median Sale Price: $128,500
Avg. Days on Market: 60

Being informed is very powerful. My goal is to keep you informed on our local residential real estate market. Remember, if you would like to know the value of your home or if you simply have a real estate question, please don't hesitate to contact me!

It's a good life,
Jason Korn
The Korn Team
www.WeSellLincoln.com
www.twitter.com/JasonKorn
RE/MAX Real Estate Conepts
402.310.0409
jason@kornteam.com

Wednesday, October 20, 2010

Lincoln, NE Real Estate Market Udpate for September 2010

# of Homes Sold: 192
Avg Sale Price: $147,057
Median Sale Price: $135,000
Avg Days on Market: 94
# of Current Listings: 1,491

Homes values can depend highly on your location and the Lincoln, Nebraska real estate market is no different. If you would like to know the value of YOUR home, please don't hesitate to contact me!

Jason Korn
The Korn Team
RE/MAX Real Estate Concepts
www.WeSellLincoln.com
www.twitter.com/JasonKorn
402.310.0409

*These stats are taken from Midlands MLS on 10/20/10 for the date range of 9/01/10 - 09/30/10 for residential homes only in the city of Lincoln.