Real Estate News

Omaha Receives HUD Choice Neighborhood Grant

Published by Nikki Palmer on Thu, 09/22/2022 - 5:00am

Southside Terrace Garden Apartments located in the South Terrace/Indian Hill neighborhood in south Omaha. (Courtesy of the US Department of Housing and Urban Development)

(Omaha, NE) - The City of Omaha, the Omaha Housing Authority (OHA) and a coalition of partners will receive a $50 million federal grant to redevelop the Southside Terrace Garden Apartments and the surrounding Indian Hill neighborhood in South Omaha.

Omaha is one of four cities awarded the 2021 Choice Neighborhoods Implementation Grant by the U.S. Department of Housing and Urban Development.

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$25 Million Radius Campus For Youth Residential Treatment Rises In North Omaha

Published by Nikki Palmer on Tue, 09/20/2022 - 3:00am

OMAHA — A $25 million residential youth treatment center rising in North Omaha aims to fill a service gap in the metro area, one that has had courts and families sending some troubled teens off to other states to get help.

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U.S. Foreclosure Starts Reach Pre-Pandemic Levels

Published by Nikki Palmer on Mon, 09/19/2022 - 3:00am

According to ATTOM Data’s August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure filings. This figure is up 14% from one month ago and 118% from the same time period a year ago. In addition, lenders started the foreclosure process on 23,952 U.S. properties in August 2022, up 12% from last month and up 187% from

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Trendy Blackstone District Developer Looks To Build $22 Million Project In North Omaha

Published by Nikki Palmer on Mon, 09/12/2022 - 5:00am

OMAHA — A midtown real estate team best known for turning a forsaken urban corridor into the trendy Blackstone commercial district is venturing into different territory.

GreenSlate Development wants to build a sprawling warehouse in an industrial area of North Omaha.

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CRE Summit Concludes After Another Year Of Powerhouse Panels And Breakouts

Published by Nikki Palmer on Mon, 09/12/2022 - 3:00am

The Commercial Real Estate (CRE) Summit held its annual conference on the 26th of August, to massive success. Held at the CHI Health Center, it focused on the changing market in the aftermath of the pandemic, and what effects it has had on commercial real estate as a whole. The event ran from 8:20am-3:05pm, with cocktails at The Capital District after. The Daily Record sent Kai Van Ginkel to the event to give highlights of the speeches.

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Prairie Preservationists Mourn Loss Of Virgin Prairie At Google Data Center Site

Published by Nikki Palmer on Mon, 09/12/2022 - 2:00am

A prairie in spring brings a diversity of grasses and flowering plants. (Gwyneth Roberts / Lincoln Journal Star via AP Photo)

OMAHA — A prairie in bloom has a special attraction for biologists like Tom Bragg and Glenn Pollock.

Both can tell stories of being chased off a small, private plot of virgin prairie they had individually spied while driving along State Street in northwest Omaha.

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FHFA Says Home Prices Up 17.7% From 2021

Published by Nikki Palmer on Mon, 09/12/2022 - 1:00am

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 0.1% in June and were up 17.7% from Q2, 2021. The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s.

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North Platte Chamber & Development Announces Pursuit Of Soybean Crush Plant

Published by Nikki Palmer on Mon, 09/05/2022 - 4:00am

The existing Greenbrier building (pictured) is being purchased in a cooperative effort between the North Platte Chamber and Development Corporation and Lincoln County and will serve as a catalyst to develop the remainder of the park. (The North Platte Chamber & Development Corporation)

LINCOLN Neb. – The North Platte Chamber & Development Corporation (the Chamber) has announced its pursuit of a soybean processing plant to anchor its newly developing industrial rail park.

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State Sales File Procedure For Adjusting And Reporting The Assessed Value Of Agricultural Land Included In Sales Of Non Agricultural Land

Published by Nikki Palmer on Mon, 09/05/2022 - 3:00am

Purpose: This directive advises county assessors of the requirement for adjustments to agricultural and horticultural land values on sold parcels classified as non-agricultural that occur in the state sales file.

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Zombie Foreclosures Inch Up in Q3, 2022

Published by Nikki Palmer on Mon, 09/05/2022 - 1:00am

According to the ATTOM Data’s Q3 2022 Vacant Property and Zombie Foreclosure Report, there were 1.3 million (1,277,162) residential properties in the United States sitting vacant, representing 1.3%, or one in 78 homes, across the nation. The report also reveals that 270,470 residential properties in the U.S. are in the process of foreclosure in Q3 of this year, up 4.4% from Q2, 2022 and up 25.5% from Q3 of 2021.