Omaha area REO (Real Estate Owned) market stats for March 2018. The foreclosure market is very light and buyer competition for new listings is high.
There was 16 sold (closed) REO homes sold in the Omaha area MLS for the month of March 2017. Comparing last month sale rate 16 sold to the current 24 active REO listings, the REO market has 1.50x months’ inventory. This rate indicates a very strong market.
Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 4/5/2018; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver—REALTOR Data does not include any private home sales
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