There's been a lot going on and going up in downtown Omaha recently, and Saturday prospective buyers took a tour of the new condos and townhouses for sale.
Housing prices continue to drop around the country, nearly 13 percent nationwide. For the most part, Omaha is the exception. Recent figures show only a two percent dip in sales which may explain why developers are still investing in condos and hoping the young and older empty-nesters will buy.
“It would be great downtown living, everything is close with a new stadium that's coming down. Wonderful.” Amy and Mike Dugan are seeing what downtown living can provide. "We just like to see the growth of the area,” says Amy. “With us living in midtown, the more that builds up in the downtown area is beneficial to us."
They love what the high-rise at Riverfront Place offers. "Where it's located right now, heck it could be like Wrigley where you could basically be looking down right into the stadium,” says Mike. “Best seat in the house."
People got a free tour of what downtown living can provide, showcasing 14 urban properties ranging anywhere from $150,000 to a couple million dollars.
"What you'll find a lot of in downtown when you're touring the projects is that we definitely sell pretty fabulous homes, but there is a lifestyle element that comes with it as well," says Riverfront Place’s Ben Proctor. "We're gonna provide you great access to the arts the town offers, great dining and a certain sense of progressiveness as well."
It's those same qualities that attracted the Dugans to a half-million dollar condo. "You have a view of the downtown cityscape and then you can turn around and still have the natural views of the river and the walking bridge."
"The convenience, I think, I've always loved downtown Omaha, I've lived in Omaha for 25 years and it's always been my favorite part of the city,” says Teri Cunningham-Swanson.
While the real estate market may remain uncertain, Mike Dugan is certain of one thing. This is the place to be. "I think having a vibrant downtown is essential to a city as it continues to grow. We love being downtown and again where this is located, it's just kind of a happening place right now."
Home real estate in the metro averages $135,000. As for how long they're on the market, the Omaha Board of Realtors say homes sell within 79 days, 13 days longer than a year ago.
See the new condominiums, row houses and townhouses in downtown Omaha.