The inventory of available homes continues to shrink, and

I don’t expect that to change this year. That means sellers

will continue to have the advantage, and it’s likely that

we’ll see more and more multiple-offer situations.

Buyers will still enjoy the benefit of low interest rates –

even though rates have ticked upwards in recent months,

they’re still attractive, especially when viewed from a

historical perspective. Buyers should expect their home

search to take a bit longer, however, and be prepared to

jump on the right property when it becomes available!

I’m hopeful we’ll see more lots come online in 2016 –

there’s a demand for new construction homes, but we

need more lots in order for those homes to be built.

If it’s time for you to consider a move, let’s talk, and figure

out how to make the current market work in your favor!

www.JonRademacher.com

Jon Rademacher CRS, GRI, SFR

M

402-416-8582

ARKETWATCH

January 2016

What’s ahead in 2016

Steady progress continues on our latest build at 9620 S. 31st Street in Wilderness Hills! The drywall crew is there now, and then we’ll start the interior trim work and paint. Getting closer to the finish line!

Happy Home Anniversary!

Brad Pickerill (4)

Paul Henderson (3)

Ken Jones (10)

Char & Chris Sheltraw (9)

Amy Theilen (11)

Thank You… It was my privilege to serve these home

buyers and sellers in 2015. I’m grateful

for the trust they placed in me!

Jackie & Casey Oppegard

Tom Bowen (5)

Kevin Barrett

Norman & Carole Harley

Travis & Jen Oyler

Wade & Kristin Fornander (2)

R & V Investment Properties

Kelli McKenzie

Rex & Julie Murphy

Josh Atanasu

Nick Harper

Doug & Kathy Karsting

It’s YOUR Move

Hey Jon,

I just wanted to thank you again for the stellar work

you’ve done for Kayla and me the past few months. It

was a long hard fought battle but you did an excellent

job. I’ve highly recommended you to friends and any-

one else that comes along mentioning they are looking

for a house and I will continue to do so. Take care, and

thanks again!

Brice Jones, Lincoln

411 N

57th

Street

For the tenant who appreci-

ates a solid community,

good neighbors, and a

clean and comfortable

apartment! This unit offers

an abundance of space - a

very large living room and

generous-sized bedroom.

Ample kitchen with plenty of storage. Good-sized bath-

room, also with room for storage. Off-street parking.

Garage space may be available - ask if we have any

units currently open. Coin-op laundry in the bottom floor

of the building. Good size and value here - inquire today!

FO

R R

EN

T

. Q: How long should it take me to find the

right house?

A: While there’s no set timetable for finding the right

house, I’d encourage you to look at several homes that fit your budget. This will help you get a good idea of the kind of home available in your price range. Know what you need in your new home vs what you’d like to have. Today’s inventory of available homes is pretty lean – your search may take longer than in previous years! Be prepared to wait a little longer, but also be prepared to act when the right one presents itself!

DECEMBER 2013 2014 2015 Single-Family Residential Listings on Market (Last Day of Month) 1,248 954 845 Single-Family Residential Listings Processed (Month) 314 314 304 Single-Family Residential Listings Processed (Y-T-D) 6,709 6,129 6,414 $0-79,999 Under Contract 45 33 31 $80,000 - 159,999 Under Contract 103 100 102 $160,000 - 249,999 Under Contract 48 58 79 $250,000 + Under Contract 40 44 54 Total Single-Family Residential Listings Placed Under Contract (Mo.) 236 235 266 New Home Sales Closed (Mo.) 58 55 50 Avg. Sale Price of New Homes Closed (Mo.) $264,796 $244,972 $277,229 Existing Home Sales Closed (Mo.) 254 292 270 Avg. Sale Price of Existing Homes Closed (Mo.) $154,179 $159,127 $178,246 Total Single-Family Residential Sales Closed (Mo.) 312 347 320 Avg. Sale Price of Single-Family Residential Sales Closed (Mo.) $174,742 $172,734 $193,712 New Home Sales Closed (Y-T-D) 638 629 600 Avg. Sale Price of New Homes Closed (Y-T-D) $245,682 $237,857 $264,607 Existing Home Sales Closed (Y-T-D) 3,789 3,800 4,104 Avg. Sale Price of Existing Home Sales Closed (Y-T-D) $154,152 $158,034 $172,962 Total Single-Family Residential Sales Closed (Y-T-D) 4,427 4,429 4,704 Avg. Sale Price of Single-Family Residential Sales Closed (Y-T-D) $167,343 $169,371 $184,651

Note: This representation is based in whole or in part on data supplied by the REALTORS® Association of Lincoln or Midlands MLS Inc. Neither the REALTORS® Association of Lincoln nor Midlands

MLS Inc. guarantees or is in any responsible for its accuracy. Data maintained by the REALTORS® Association of Lincoln or Midlands MLS Inc. may not reflect all real estate activity in the market.

LOCAL MARKET ACTIVITY - 2015 YEAR IN REVIEW

Nebraska Builders

Home & Garden Show

February 12 - 13 - 14

(Friday thru Sunday)

Lancaster Event Center

84th & Havelock Ave

www.nebraskahomeandgardenshow.com