Real Estate News

A Brief History Of The Mortgage, From Its Roots In Ancient Rome To The English ‘Dead Pledge’ And Its Rebirth In America

Published by Nikki Palmer on Thu, 11/10/2022 - 5:00am

A view from a West Omaha neighborhood. The history of the mortgage dates back to ancient Roman banking practices. (Shutterstock)

The average interest rate for a new U.S. 30-year fixed-rate mortgage topped 7% in late October 2022 for the first time in more than two decades. It’s a sharp increase from one year earlier, when lenders were charging homebuyers only 3.09% for the same kind of loan.

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Tiny Nebraska Towns, Including One Uniquely Located In Three Counties, Get A Boost

Published by Nikki Palmer on Thu, 11/10/2022 - 4:00am

Officials in northeast Nebraska’s Emerson are accustomed to dealing with 3s. The village of about 800 residents has the distinction of being located in three counties: Dakota, Dixon and Thurston.

So perhaps it’s fate that Emerson has been awarded a state grant, $33,000 worth, to help plan for an improved downtown.

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PepperJax Grows Out Of Teen Years, Returns Corporate Flag To Omaha, Where It All Began

Published by Nikki Palmer on Thu, 11/10/2022 - 2:00am

OMAHA — An Omaha-founded restaurant chain that for a time moved its headquarters out of Nebraska has returned its corporate flag to the city where it started 20 years ago.

PepperJax Grill, positioning itself for area growth, bought and opened a nearly 4,000-square-foot building off 144th Street and Interstate 80 for its national operations and field team base, said Erin Palladino, chief operating officer.

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Transforming An Old Water Park And Convention Center In Central Omaha

Published by Nikki Palmer on Mon, 11/07/2022 - 1:00am

OMAHA — More ventures are poised to fill in the former CoCo Key water park and convention center site northeast of 72nd and Grover Streets.

A $2.8 million two-story dental office structure is now to be constructed and connected to the existing New Image Dentistry corner building. Owners say they’re bursting with business, and the addition will include a pediatric dentistry clinic.

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Century-Old Family Bakery To Expand In Sarpy County Frontier

Published by Nikki Palmer on Thu, 11/03/2022 - 5:00am

PAPILLION — A century-old, family-owned bread business is among the latest entities headed to the Steel Ridge development, one of the newer, hot growth slices of metropolitan Omaha.

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5 Takeaways From Our Investigation Into RealPage’s Rent-Setting Algorithm

Published by Nikki Palmer on Thu, 11/03/2022 - 4:00am

Nationwide, rent was up by 9% in September compared to the previous year. That’s the first time in 2022 that rent increases were in the single digits, down from an 18% increase in March, according to an analysis by the real estate company Redfin.