oklahoma city homes for sale: Local Program Helps to Stop Foreclosures
- 01/14/11 01:49 PM
Back in the early 1990s, many Oklahoma City neighborhoods fell prey to a failing economy and many foreclosures. The area saw many people jobless, and abandoning homes, with homeless people moving in and setting fires. Years later, things recovered nicely, and although our country has witnessed financial and real estate issues, a program has been set up in hopes our area will not see the same devastation as in the 90s. The Neighborhood Stabilization Program, which is federally funded, was put in place by Congress in 2008 as we witnessed the housing issue in full force. Oklahoma City has $73 million … (1 comments)
oklahoma city homes for sale: Streetcars Come to Downtown Oklahoma City
- 01/10/11 02:12 AM
After years of debate, $130 million of the MAPS 3 program will go toward a streetcar project in Oklahoma City. This is a project independent of the commuter rail project that will extend to Norman, Midwest City, Yukon and Edmund and is intended to facilitate travel within Oklahoma City. MAP 3 stands for Metropolitan Area Projects, a bundle of 9 major Oklahoma City projects originally funded by a 5 year, 1 cent sales tax increase back in 2003.The downtown project will be quite pricey as it has been estimated that the cost of laying tracks will run $20 million per mile, … (3 comments)
oklahoma city homes for sale: Oklahoma City Downtown Making Big Changes
- 01/03/11 02:29 PM
Private and public construction totaling $1.5 billion is now underway in downtown Oklahoma City. This is not the first time the downtown area has gone though major cosmetic work. Devon Energy Center will soon be the tallest building in the state, after its $750 million upgrade is complete. The project included the expansion of the city garage, which was reopened quickly for citizens. The former Kerr-McGee headquarters, was brought back to life by SandRidge Energy. This project also produced over 500 jobs for the area. Demolition that began in November will improve the tower, as well as develop a multi-purpose use … (0 comments)
oklahoma city homes for sale: It is Christmas - Give your Children A Chance at a Home
- 12/29/10 12:11 AM
You have watched your now-grown children struggle to find an apartment at a fair price. You have done some research yourself, and realize they can settle into a new home in the Oklahoma City area for the same amount they will be paying monthly on rent. What a great time to help out with a gift of a down payment. Mortgage rates and home prices are extremely low now, and many are trying to save the money wasted on renting by finding an affordable home. The issue, for many, is the down payment. According to the National Association of Realtors, 36% of … (2 comments)
oklahoma city homes for sale: Looking for a Home in Oklahoma? This is a Great Time of Year to Check the Area Out!
- 12/24/10 01:56 PM
You've heard about the great economy in the Oklahoma City area, but have yet to visit this great area. Do not wait for the spring or summer - come now, there is plenty to do and see! If winter sports are what you're looking for, Oklahoma City is the place to be. When the cold hits, residents get their skates on and hit the nearest rink. If you are a tad clumsy on skates, head on over to the nation's largest man-made slope and tube on down. Afraid it may be too cold? Stop by a state park with some great cabins and … (0 comments)
oklahoma city homes for sale: Waiting for Lower Rates Could Lead You to Lose Out
- 12/23/10 08:23 AM
You've found your ideal Oklahoma City home and are waiting for the rates to drop below four percent, in hopes of getting a smaller monthly loan payment. This may not be a great idea. With the tax-cut deal being tossed around in Washington, we may slowly see rates start to rise. If you did not lock in yet, or are thinking of refinancing, you could find yourself in a dilemma. As a buyer you do not want to make the same mistake twice. According to Freddie Mac, rates have shown an increase for the last four weeks. Many gambled that rates … (2 comments)
oklahoma city homes for sale: Paint Your Home to Sell!
- 12/21/10 03:13 PM
You are ready to sell your Oklahoma City home, and you know a fresh new look is just the thing to perk up its appearance and get the most from your investment. Money may be tight, and a complete overhaul is just not always feasible... so how can you give your home an updated look that sells? The answer is PAINT! It will give your home a fresh makeover without costing you "an arm and a leg." Remember - having both the right color and an appropriate sheen will help your home stand out. You want it to glow and … (3 comments)
oklahoma city homes for sale: 2010 Homebuyer Information
- 12/10/10 09:55 AM
Each year the National Association of Realtors® (NAR) does an annual survey of homebuyers and sellers. This year's statistics were released last month. Several thousand people who purchased a home between June 2009 and June 2010 receive a detailed eight-page survey. This year there was a 7.9% response rate. Statistics showed that 50% of those who purchased homes were first time buyers. This is due to the fact that first time buyers do not have to sell homes and were offered tax credits from the government. When it comes to searching for a piece of property, 74% reported … (0 comments)
oklahoma city homes for sale: Escape Recession in Oklahoma City
- 11/23/10 10:22 PM
Oklahoma City is situated in America's "Heartland" and is historically known as the nation's manufacturing and farming industries representative. There has been a recent growth in the area due to rising agricultural prices and the availability of higher end industrial jobs. As countries such as India and China show growth, Oklahoma City is well suited to keep the area growing with agricultural commodities. During the Great Depression, many witnessed Oklahoma City residents pack up and move to the west coast. Now many of those people are leaving the west to come back home. The Heartlands are also attracting many new investments … (0 comments)
oklahoma city homes for sale: Mortgage Insurance Plays an Increasing Role in Home Financing
- 11/22/10 04:54 AM
Many Oklahoma City residents have been taking a step back from making the plunge into buying a new home, due to stricter loan requirements. Those who would have qualified easily a few years back feel they may fall short this time around. Most potential home buyers today look for the best rate, however, this does not always get them the lowest payment. Many do not realize they have to factor in other options, and must realize the lowest rate does not always equal the lowest payment. One way to get the rate down is to look into mortgage insurance (MI). Many … (0 comments)
oklahoma city homes for sale: Oklahoma City is Number One for Affordability
- 11/18/10 08:47 AM
When it comes to the most affordable cities in America, citizens of Oklahoma City should be proud to hear their city ranked #1! The city is a good mix of great standard of living, job availability and growth potential. With its friendly citizens, excellent school systems at all levels, and an employment rate below the national level, how could Forbes not choose Oklahoma City to lead the pack? Many see Oklahoma as a corn producing state with good football teams. But we all know it is more than that, and it seems like others are seeing it too. There are … (0 comments)
oklahoma city homes for sale: Real Estate Prices Continue to Fall
- 11/17/10 07:05 AM
Oklahoma City and surrounding area residents, take note - this is a great time to buy yourself an early holiday present. Home prices are still falling for the fourth month in a row! According to Trulia.com, prices have hit an all time drop of 27 percent, although the drop in our area is not so dramatic. This is great news for buyers, as many sellers are trying to price their homes accordingly to attract buyers. As the summer selling period has come to an end, and the holidays are fast approaching, many sellers are looking to lower prices to get out … (0 comments)
oklahoma city homes for sale: Know Your Mortgage Do's and Don'ts
- 11/10/10 09:01 AM
Oklahoma City residents: Know your mortgage Do's and Don'ts. Mortgage foreclosures have contributed to the current state of our economy. Many people struggled to pay mortgages or were looking for a way to refinance. In many cases, these foreclosures could have been avoided. What causes such mortgage issues? It can be any number of mortgage loan choices someone has made. Homeowners look for a low payment, especially during the first few years of homeownership. Those who look for these lower payments early on often turn to an Adjustable Rate Mortgage (ARM). The first few years of an ARM allow you … (1 comments)
oklahoma city homes for sale: Update Your Oklahoma City Home to Appeal to the Masses
- 11/02/10 12:02 PM
Update Your Oklahoma City Home to Appeal to the Masses Residents of Oklahoma City are always updating their homes to make them more attractive to potential buyers when the time comes to sell. However, many make an update that appeals to themselves, but may not be what the average buyer is looking for. To help your home sell more quickly and get the best return on your remodeling dollar, update your home so it appeals to the masses and you will not go wrong. Status quo may not be what you had in mind for your personal home, but in the … (4 comments)
oklahoma city homes for sale: Oklahoma City Homes Can Sell Despite Statistics
- 10/29/10 03:38 PM
Do not let fear of a down market and less than encouraging statistics deter you from selling your Oklahoma City home. Many people feel with the tax credit ending, and no renewal as of yet, a lack of home buyers may be the result. However, there are many people who DO sell their homes successfully and have been able to approach the situation with patience and determination, resulting in success. The first and maybe the most important decision you will have to make is to find the perfect broker. Many sellers select the agency with the highest amount of homes listed. … (3 comments)
oklahoma city homes for sale: Paseo Neighborhood Gains National Recognition
- 10/24/10 01:59 PM
Recognized as one of the "10 Great Neighborhoods for 2010," Paseo residents should be proud of the revitalization and welcome changes in their area. Residents are thrilled their home was awarded this honor by the American Planning Association, because this area was less than desirable to live in just three decades ago.Susan Miller, Oklahoma City city planner, is excited by the news and feels the city's objective to make changes has been successful. "Hopefully the Paseo can build off this distinction and bring more residents and businesses into the area," she said.This area attracts artistic expression and activities, a variety … (8 comments)
Jason Nedrow, Century 21 Goodyear Green: Your local expert in Moore OK Real Estate, Moore Oklahoma Homes for Sale, Moore OK homes for sale, Moore real estate agents, Norman OK real estate, Norman OK homes for sale Oklahoma City ,Oklahoma City OK Real Estate. Oklahoma City OK homes for sale, move up buyers Commercial Real Estate, Oklahoma City Luxury Homes, Oklahoma
Back in the early 1990s, many Oklahoma City neighborhoods fell prey to a failing economy and many foreclosures. The area saw many people jobless, and abandoning homes, with homeless people moving in and setting fires. 
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