Apr 25, 2018
According to this recent article from the National Association of Home Builders, more millenials than ever before are buying new homes. The homeownership rate is now at 36% for millennials and as the largest demographic it will only increase. Continue below for the full article.
Millennials Leading the Growth of New Home Buyers
(NAHB)
As the housing industry celebrates New Homes Month in April, recent data from the Census Bureau confirms that millennials are increasingly entering the housing market as first-time buyers.
The homeownership rate of millennials—now at 36 percent—registered the largest gains among all age groups in 2017. As the nation’s largest demographic group, more than 70 million millennials are poised to dominate the home buying market in the months and years ahead.
“Millennials are recognizing the benefits of homeownership and are eager to buy their first homes,” said National Association of Home Builders (NAHB) Chairman Randy Noel, a custom home builder from LaPlace, La. “And contrary to conventional wisdom, this generation is in the market for single-family homes in the suburbs as they look ahead to raising their families.”
Home builders recognize the changing demographics and the increasing demand for entry-level homes. Yet rising construction costs and limited lot availability create significant challenges to building smaller, single-family detached homes that are both affordable to first-time buyers and cost-effective for builders.
With millennials willing to compromise on space, townhouses are offering a more affordable option for younger buyers ready to purchase their first homes. After experiencing a drop during the Great Recession, the share of new townhome construction has been rising since 2009. According to NAHB analysis of Census data, townhome construction in 2017 was up seven percent from 2016.
Millennials also are looking for homes with three bedrooms and two bathrooms, outdoor space, flexible areas that can be used for a variety of purposes and more luxurious finishes, like quartz countertops.
Ongoing economic growth and rising wages are expected to continue boosting housing demand throughout 2018. NAHB analysis of the Census Bureau’s Housing Vacancy Survey shows that the number of home owner households increased by 1.5 million in 2017, while the number of renter households declined by 76,000.
Home buyers can access home buying and home building information and resources at NewHomesMonth.org.
Apr 18, 2018
At Regency Homes of Omaha, we offer three styles of floor plans. The Trilogy floor plans are smart and affordable with prices in the range of $250’s – $300’s. Our New Traditions floor plans feature luxury living designs with a price range from $300’s – $700’s. The Forever Collection of floor plans are affordable homes you can live in forever with a price range of $250’s – $300’s. This month’s featured floor plan is The Jubilee and it is part of our Trilogy collection of designs.
Featured Floor Plan: The Jubilee
The Jubilee is a lovely ranch style home with 3 bedrooms, 2 baths, and a 2 car garage. The home features an open design that’s perfect for those who enjoy entertaining. The great room features a corner gas fireplace and abundant natural light from the windows. The dinette is perfect for Sunday dinner or whenever the whole family gets together for a meal. The kitchen island makes for a great breakfast bar or place to finish homework after school. The walk-in pantry keeps everything organized and tidy. The laundry is conveniently located beyond the kitchen with access from the hallway or through the pantry.
On the other side of the home you’ll find the bedrooms and master bedroom suite. The two bedrooms are spacious at 11’X11′ and both feature walk in closets and easy access to the shared bathroom. The master bedroom is spacious at 15′ X 13′ and has the option for a tiered ceiling. The master bath has a large walk-in shower and double sink vanity. The walk-in closet is large with ample storage and organization.
The lower level of this home has an option for a 4th bedroom and bath. A perfect space for older children who desire more privacy, the in-laws or live in help when needed. There’s plenty of room for a family room or rec room as well as additional storage.
To learn more about this floor plan, or any of our other floor plans, please contact Regency Homes of Omaha at 402-614-6088.
Apr 11, 2018
If you’re looking for a new, 3 bedroom home for sale in Bennington, NE, you’ll want to take a look at our newest home in The Heritage. Located at 10402 North 152nd Avenue, Bennington, NE, this home is perfect for those just starting their family and those who are thinking about aging in place. This ranch style home includes 3 bedrooms, 2 bathrooms, a 2 car garage and open floor plan.
New 3 Bedroom Home for Sale in Bennington, NE
The main level of this lovely home is well designed with today’s busy families in mind. Enter through by way of the garage and rear foyer area or through the front entry. From the front entry you’ll have access to the stairs leading down to the unfinished basement and continue on to enter the great room.
The great room is open to the kitchen and dinette area making this a wonderful home for those who enjoy entertaining small or large gatherings. The great room boasts a corner gas fireplace, perfect for those chilly evenings. No gathering wood, kindling and fussing with building a fire, just flip the switch and enjoy the warmth.
The great room is open to the kitchen and dinette area. The kitchen features a large island for informal dining, grabbing a quick snack, food prep and even homework. There’s plenty of counterspace and cabinetry for storage and organization and the pantry is ultra convenient for storing dry goods and to keep seldom used appliances out of the way.
Down the hall from the kitchen you’ll find the two bedrooms and shared bathroom. The bathroom has a tub/shower combination for convenience and easy access to both bedrooms. Each bedroom is 10’9 X 11’4 with ample closet space.
The master bedroom is spacious with a large walk-in closet. The master bath features a walk-in shower and double sink vanity. The laundry room is located just off the master bedroom for added convenience and easy access.
The basement is unfinished but there’s space for a family room, and additional bathroom.
If you’d like to learn more about this new home for sale in The Heritage of Bennington, NE, then give Kamie Mielke a call at 402-916-9883.
Apr 4, 2018
It may not feel like it, but spring really is here. If you’re looking for events in Omaha this April be sure to check out the list of family friendly events taking place this month in Omaha. From the Spring Festival at Ralston Arena to Junkstock, there’s something for everyone to enjoy this month in Omaha.
Events in Omaha this April
2018 Spring Festival
When: April 6th, 2018
Where: Ralston Arena
7300 Q St
Ralston, NE
Hundreds of the nation’s finest artists and crafters will display and sell their handcrafted works at this show consistently ranked in the Top 100 Shows in the Country by Sunshine Artist Magazine. Music, hourly gift certificate winners, plenty of food and drink, lots of family fun, and free parking are included.
Opera Omaha’s ONE Festival
When: April 6th – 22nd, 2018
Where: Orpheum Theater
409 S 16th Street
Omaha, NE
Set in the brutal early years of post-Civil War Nebraska, a mother is pushed to the brink as her family is pulled apart by loss and isolation. Her son, Miles, must bear the weight of the family’s unrelenting pursuit of the American Dream. Opera Omaha’s ONE Festival Artistic Director, James Darrah, and a world-renowned ensemble together will bring Mazzoli’s innovative and haunting score to life.
Omaha in the Anthropocene Exhibit
When: Now through June 2nd
Where: Durham Museum
801 S. 10th Street
Omaha, NE
“Omaha in the Anthropocene” is a collaborative project between The Durham Museum and the senior-level “Global Environmental History” course at Creighton University (EVS/HIS 488). At the beginning of the Fall 2017 semester, students selected objects from The Durham collection as the basis for their final project research, which involved exploring the significance of these everyday objects in local, global, and environmental history.
Junkstock Spring Edition 2018
When: April 6th – 8th, 2018
Where: 1150 River Road Drive
Waterloo, NE
Juried junk, vintage finds, unique antiques, handmade artisan food & goods, one of a kind repurposed relics, tasty eats & groovy tunes.
pet friendly and kids 12 & under are free.
Workshop: African American Owned Businesses
When: April 6th, 2018
Where: 2221 North 24th Street
Omaha, NE
Bring your friends and family for this workshop geared towards ages middle school through adult. This workshop will provide a discussion on the history of African American owned businesses in Omaha. Facilitator will be LeClara Gilreath.
Kids Funfare
When: April 12th, 2018
Where: 120 Regency Parkway
Omaha, NE
Welcome preschoolers and parents! Join others looking for fun the 2nd Thursday of every month at Center Court for fun free events for the kiddos. See you there!
Yoga in the Aquarium
When: April 14th, 2018
Where: Omaha’s Henry Doorly Zoo & Aquarium
3701 S 10th Street
Omaha, NE
Strike a pose at Omaha’s Henry Doorly Zoo and Aquarium’s one-of-a-kind class – Yoga in the Aquarium!
Yoga in the Aquarium classes will take place inside the Scott Aquarium Conference Center. Guests will be able to take in the beauty and serenity of the Aquarium while exercising their body and imagination through yoga. Classes are taught by a different instructor from Lotus House of Yoga each day.
Symphony in Space
When: April 15th, 2018
Where: Holland Performing Arts Center
1200 Douglas Street
Omaha, NE
Enlist in Symphonic Starfleet, board the Sonic Spaceship, and engage in intergalactic adventure! Set a course for maximum fun with music from Star Wars, The Planets, and more!
Handmade Omaha
When: April 21st – 22nd, 2018
Where: Bancroft Street Market
2702 S 10th Street
Omaha, NE
Handmade Omaha is a growing collection of talented collective of artists from Omaha that hand make art, crafts and artisan goods. See the talent for yourself, and come prepared to shop Omaha-exclusive creations.
Recent Comments