Janice Podsada, World-Herald staff writer, reports “The Great Recession ended several years ago, but recession after effects still being felt in the local real estate development and construction industry, local leaders said Friday.”
“Everyone is scared of a bubble again,” said Andy Stine, director of business development at Omaha-based Kiewit Building Group.
“Stine and other panelists spoke at this year’s Commercial Real Estate Summit, held Friday at the CenturyLink Center Omaha. A record-breaking 750-plus people attended the event, which was started by real estate lawyer Jerry Slusky of Smith Gardner Slusky Law.
“Stine said concerns that the current construction boom could go bust have meant that some contractors have been slow to hire permanent, full-time workers.
“Despite the nation’s steadily growing economy, there are nagging doubts, said panel member Dave Johnson, president of Studio951 Architects in Lincoln. The key worry? “That it may not be as strong as it seems,” he said.”
Listening to the experts for advice can be useful, but what do you do when they don’t agree? Well, then you have to make decisions based on your situation and what is best for your family.
Have you been waiting for the right time to downsize? Maybe now is the time to make a move as prices have certainly gone up a lot since the bottom in 2011. It makes me nervous to read “That it may not be as strong as it seems.” Holding out for the last dollar could leave you putting off your plans for a different life.
Are you a young family looking to buy your first house? A slowing or flattening economy is great news for the potential homebuyer. Now you need to make sure your quiver is fully loaded with the arrow of pre-qualification, an expert real estate broker, an arrow for right neighborhood for your family, and the most important arrow, the down payment.
Are you financially strapped and holding out for prices to rise further so you can get out from under water? You are not alone. Nationwide 15% to 20% of homeowners are underwater and almost a third of homeowners couldn’t sell and have enough money left to buy another house after expenses and real estate commissions. If you think you will want to sell fast, you can either get your house ready to sell by doing the little things that improve curb appeal or call us, we buy houses as-is for cash.
We are Styl Properties, Inc. here to help homeowners out of any kind of distressed situation and potential homeowners find their dream home. As investors, flippers or rehabbers, whatever you choose to call us, we are in business to make a modest profit on any deal, however we can help homeowners out of just about any situation, no matter what! There are no fees, upfront costs, commissions, or anything else. Just the simple honest truth about your home and how we can help you sell it fast to resolve any situation.
Give us a call today at 402.909.0686 to let us know what YOU need help with!