Sunday, February 12, 2012
Omaha? One of the "richest cities where no one wants to move"?
Yes it is, ladies and gentlemen, unbelievably enough, at least to me, anyway. There is an article out now titled "The Richest Cities Where No One Wants to Move" and our own Nebraska neighbor to the North is number 10. Don't get me wrong, I totally get the "where no one wants to move", part but "one of the richest cities"? Who knew? It was done by Trulia’s Metro Movers Report and posted on the 24/7 Wall Street site. Here's what they have to say about the town: "The Omaha-Council Bluffs metropolitan region is relatively stable and economically healthy. It is surprising then that relatively few people want to move to the area compared to the number of people looking to leave. For every person — from outside the region — inquiring about real estate within the region, there are two people within the region searching for homes elsewhere. With home prices in the area falling only 2.8% since their peak, home buyers have little incentive to search in the Omaha region. However, Fiserv-Case Shiller projects home prices to rise 1.5% between third quarter of 2011 and the third quarter of 2012, which is in the top third of increases among major metro regions. Wanting to move to Omaha, Nebraska is nearly as bad as, oh, I don't know, wanting to move to Topeka, Kansas. Link: http://247wallst.com/2012/02/03/the-american-cities-where-no-one-wants-to-move/2/