With Offutt Air Force Base so close to Omaha, this is bound to have a significant impact on the local economy, bringing a new generation of leaders, entrepreneurs, and home owners into the mix for a vibrant community. How will that affect home prices? It’s hard to say, exactly.

Many real estate market watchers are looking for big growth around military installations nationwide. That seems like a logical outcome. If that indeed happens, right now could be the best time to make an offer on that piece of Omaha real estate you’ve been considering. The market’s had a tough hit since 2005, but buyers are starting to come back to the table. Let’s see if the pace picks up in Omaha as redeployments take places in the various branches of service.