Nebraska Real Estate

Even in these economically uncertain times, now is a great time to buy Nebraska real estate. Although it does not look lucrative, with its small population and rural landscape, looks can be deceiving. The hidden secret of Nebraska's economy is its stability. Like most places, there are economic downturns. However, these downturns tend to be shorter and less severe than they are in other states. Currently, the unemployment rate hovers around five percent -- nearly have of the nationwide rate. Additionally, the cost of living tends to be much lower than in other areas, so there are some incredible bargains to be had in terms of Nebraska real estate. The monthly payment on a newer four bedroom house is less than renting a one bedroom apartment in many major metropolitan areas.

People who have never been to Nebraska may not realize it, but there is more to the state than farms. The two major cities, Lincoln and Omaha, are located in the eastern part of the state. Lincoln is the state capital and home to the University of Nebraska, which has nearly 25,000 students and the famed Husker football team. There is a mix of real estate, with older properties located downtown, and brand new subdivisions in the rapidly expanding south and east parts of town. Being a college town, there is a large market for rentals. Omaha is Nebraska's largest city, with over 1.2 million people in the greater metropolitan area. Omaha is home to one public college, one large Catholic university, and several smaller colleges. There are also many well known companies headquartered here -- Mutual of Omaha, Berkshire Hathaway, Gallup, and Conagra to name a few. Grand Island is the state's third largest city, and is located in the middle of the state. Of course, there are a host of smaller towns that dot the rest of the landscape.

Nebraska Real Estate Listings

Nebraska Real Estate Market