Wednesday, July 8, 2009

Nebraska - The Good Life

Despite increasing unemployment in many sectors of the country, Nebraska and Omaha in particular have low unemployment rates. As a consequence, the economy has not had the severe struggles and pull back that has impacted the retail sectors of many parts of the country. Many companies have expanded into the Omaha area and have benefited from the midwest work ethic, and the availability of a well trained and educated work force. Multi-family properties continue to be a popular commodity and sought by a lot of investors. There have been some declines in real estate values, but sales are brisk and a lot of small businesses are taking advantage of lower rents to expand or move to a better location. This is an excellent time to take advantage of the lowered prices that still have a lot of value.