Insight into Lincoln Real Estate in 2016

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Today we have some important insight regarding Lincoln real estate in 2016. Lawrence Yun, Chief Economist for the National Association of Realtors, was in town to speak recently, and he shared his thoughts and predictions for 2016! Lawrence is a wealth of information, and when he talks, it's worth listening to-- so enjoy this episode of Searcy's Real Estate Video Blog and get ready for a record-setting 2016 in Lincoln Nebraska!

Mr. Yun thinks that 2016 will outpace 2015. This is incredible because 2015 was a chart-topping year in real estate! He also thought that inventory would remain extremely low for many reasons, among them the fact that people are staying in their homes longer, with the national average inching up from moving every 7 years to approaching 10 years.

On top of this, there are 30,000 more people employed in Lincoln today, compared with the year 2000. These people will need to live somewhere! That’s 30,000 people that just may buy, sell, or invest in real estate!

At the same time, the one thing that may hold us back is the lack of inventory. Buyers are motivated to quickly act on nice properties that are coming on the market.  If you’re thinking of selling, and you're priced right with acceptable to excellent condition,  you have a very good chance for a successful sale with acceptable terms!

There’s no other way to put it: we need more homes to sell to absorb the current demand in the Lincoln area.

Please contact us if you want to sell in 2016. The spring market is coming soon!

Take Advantage of Low Inventory in Lincoln

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Selling a Lincoln Home? Check out our FREE Home Value Report

Last year was an absolute record year in Lincoln! Today, we’ll be discussing an excellent opportunity if you’ve been thinking about selling your home.

According to the Realtors Association of Lincoln, there were 4,704 homes sold last year in our local Midlands MLS system! We experienced 300 more home sales compared to the last record year. Additionally, there were 600 new construction properties purchased in 2015. That’s exciting news for real estate and for you!

Record low inventory means it’s a great time to sell. It’s a great time to get into the market. Prospective buyers currently have less options available to choose from. This is an opportune time to shine and stand out!

If you’re looking to buy, sell, or build, 2016 will be a great year for you. We expect a very robust year in Lincoln real estate. Reach out by phone or email at your earliest convenience if you would like to explore your options! Now is the time to make your dreams come true with The Searcy Team!

Owning a Home Adds Value to Your Life

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We often talk about the financial reasons to invest in real estate. Home ownership certainly adds value to our communities and our families. However, we don't usually talk about the intangible reasons to own a home. There are definitely emotional reasons to buy a home. Finances are incredibly important, but there is more to a home than its monetary value. Here are five non-financial reasons to own a home.

1. Having a great place to live. Your home is your place. You can raise children, provide them with outstanding education, and do it all in a great neighborhood. It's wonderful to have a place to call home.

2. Safety. A home is a place where you and your family are safe and secure.

3. More space. Owning a home gives you and your family room to spread out. You can even have a driveway with a garage!

4. You have control over your living space. If you want to try some new things you saw on HGTV, you don't have to ask a landlord; just go ahead. Get creative.

5. Build wealth. Owning a home is a great way to build wealth to pass on to your family. It's an investment that can last a lifetime.

If you have any questions about today's video, or about real estate in general, give us a call or send us an email. We would be happy to help you!