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Foreclosures Stabilizing in Omaha, Nebraska

Omaha, Nebraska’s economy is stabilizing rapidly. The overwhelming family environment makes this destination a popular place to live, which is evidenced by steadily increasing population. Currently, there are 128 foreclosure listings within the city as well as 30 additional homes that are up for auction. The market prices for these foreclosed homes begin at around $7,000 and go all the way up to $200,000. This may seem like a lot but Omaha, Nebraska has the highest number of millionaires per capita in the nation. Unfortunately, Omaha also has the highest rate of African Americans living under poverty. Further, Omaha, Nebraska does have a great job market in that it is home to 5 Fortune 500 companies as well as having 12 universities to choose from.