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tulsa market report: Tax Credit Ended but the Good Deals Didn't! - 05/21/10 12:04 PM
Tax Credit Ended but the Good Deals Didn't!
If you missed out on the Homebuyers Tax Credit... all is not lost! The lower interest rates that are available now may make up for it! Information released from Freddie Mac for the week ending May 20, shows the 30 year fixed-rate mortgage averaged 4.84 % with a .7 discount point. This is down from the previous week's average of 4.93%. This is the lowest that the interest rate has been in 2010. Fifteen year mortgages are at 4.24 with .7 points.
If you are looking to buy or sell home … (0 comments)
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tulsa market report: Tulsa Real Estate: Oklahoma Highest in Home Equity! - 05/17/10 04:01 PM
Tulsa Real Estate: OK Highest in Home Equity
Oklahoma homeowners have the lowest percentage of negative equity in their homes than any other state. Survey results from CoreLogic recently released in the Tulsa World show that only 5.9% of homeowners in OK have negative equity compared to a national average of 23.7%. New York, with 7%, is number two and Nevada at 69.9% is the state with the highest negative equity. In Tulsa, like most of Oklahoma, credit is given to the steadiness of the real estate market over the past decades with no big highs or lows.
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tulsa market report: Tulsa Real Estate: Homes Sales Rise in March! - 04/27/10 09:16 AM
Tulsa Real Estate: Home Sales Rise in March!
The Tulsa real estate market improved for March 2010 with 4% more sales than in March 2009. The Greater Tulsa Association of Realtors, as reported in the Tulsa World, released information that shows 934 homes were sold in March, which was an increase of 58% from February. Improved weather, the home-buyer tax credits and low interest rates may have helped boost sales. The median sales price of $126,000 is down slightly from March of 2009 when the median price was $127,500.
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tulsa market report: Buying or Selling a Home in the Tulsa, OK area? Join the Crowd! - 12/03/09 10:40 AM
Buying or Selling a Home in the Tulsa area? Join the Crowd!
October home sales in Tulsa have again proven the strength of the Tulsa real estate market. Numbers released today by the Tulsa World showed homes sales in October were 4% higher than September 2009 and 14% higher than October of 2008. Although total sales for the year are still 6.6% behind numbers for last year, strong sales in October and September have helped to narrow the gap. The extension of the tax credit for first time home buyers and the addition of a tax credit for existing home buyers … (1 comments)
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tulsa market report: Tulsa, OK Rises in Best Performing Cities Index - 11/12/09 08:22 AM
Tulsa Rises in Best Performing Cities Index
Tulsa's economic strength continues to be recognized in the rankings. The Miliken Institute released its Best Performing Cities 2009 index and Tulsa rose from #72 in 2008 to #19 for 2009. As reported in the Tulsa World, Tulsa's rise is due to lower foreclosure rates, lower unemployment rates, the strength of the energy sector and the steadiness of the housing market.
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tulsa market report: Tulsa OK Home Sales for July: #1 for the Year - 09/04/09 09:58 AM
Tulsa OK Home Sales for July: #1 for the Year
July was the best month for homes sales for 2009 in the Tulsa area. An article in the Tulsa World shows that 1140 homes were sold in July, an increase over June of 2009 but still short of July 2008. The $8000 first time home buyer tax credit has helped keep the market strong. The tax credit will end November 30, 2009 so many first time home buyers have been entering the market over the summer. Median home prices fell slightly, 3.7% from a year ago, to $131,000. This is probably a … (2 comments)
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tulsa market report: Tulsa onTop Again! - 08/30/09 07:33 AM
Tulsa on Top Again!
Tulsa has reached the top again! The Tulsa World recently released that Tulsa has been named #1 for the best cost of living. Business Facilities magazine lists Tulsa as #2 for its quality of life and #1 for the cost of living in metropolitan areas over 500,000. Real estate prices which have remained low and stable are one of the factors taken into consideration. Tulsa has been at or near the top on several lists this year, including Relocate America that ranked Tulsa #1 in 2009 among the top 100 places to live in America.
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tulsa market report: Tulsa Real Estate - Homes Sales Rise! - 07/28/09 08:37 AM
Tulsa homes sales for June 2009 rose above the same month in 2008 for the first time this year! Numbers released by the Tulsa World today shows that 1110 homes were sold in June of 2009 which is nine more than were sold in June 2008. Low interest rates and the $8000 tax credit for first time home buyers have been motivators for the upswing in the market.
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tulsa market report: Tulsa, OK Housing Sales Rise in May - 07/05/09 01:04 PM
Tulsa Housing Sales Rise in May
As reported in the Tulsa World, homes sales rose again in May... although they are still behind last years numbers. 973 homes were reported sold in May which is up 6.7% from April. The median homes price has continued to hold steady this year but is also down from last year.
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tulsa market report: Tulsa Real Estate Market: Home Prices Rise! - 03/04/09 06:29 AM
Recent data released in the Tulsa World shows that the Tulsa, OK real estate market continues to hold strong despite the national economy. Although sales of homes in January were down with closings dropping from 676 in January 2008 to 536 in January of 2009, the median sales price was up 4%. The average sales price also increased to $155,074 which was over 10% higher than the month and year before. Nationally, the median homes price was down almost 15% from the previous year. The $8000 tax credit for first time home buyers that was included in the stimulus plan is being credited for recent increased … (0 comments)
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tulsa market report: Tulsa Housing Market Outlook Among The Top - 01/10/09 06:07 PM
As reported in the Tulsa World, the Tulsa housing market continues to be among the top markets in the nation! Economy.com recently released a report showing Tulsa tied for number 6 among the best performing home markets. Because Tulsa's home values have shown a slow but steady growth, the market has not been impacted by the boom and bust of other major markets. Tulsa is predicted to lose 1.1% of its value in the housing market before it starts to recover. Only 2 cities in the report are expected to show no loss, McAllen TX and Syracuse NY and there are … (0 comments)
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tulsa market report: Still good to be in Tulsa... - 12/10/08 11:43 AM
Jobs gained in October
According to the Tulsa Metro Chamber Tulsa gained jobs in the month of October. The unemployment rate of 4.2% is still considered full employment and continues to be better than most of the rest of the country.
Tulsa ranks in Milken's Best Performing Cites report
Energy related industries and less subprime mortgage market exposure helped boost Tulsa's ranging in the Milken Institute's Best Performing Cities 2008 report. This year, the Tulsa area jumped to No. 72, up from 98 last year.
2008 MSN Real Estate Report of the 66 Cities Where Buying Makes Sense
Tulsa … (0 comments)
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tulsa market report: One of the best places to live---Tulsa, OK! - 05/24/08 08:47 AM
Relocate America, which offers relocation resources for those on the move, recently selected Tulsa as number 5 on the list of best places to live! Some of the factors used to make the selection were economic growth, education, employment prospects, air and water quality, crime rate and housing options.
Tulsa is the second largest city in Oklahoma and maintains a low unemployment rate. Housing in Tulsa has remained affordable and home prices have continued to appreciate each year in contrast to the national market.
Tulsa is also the home to several universities including branches of OU and OSU, the University of Tulsa, Oral Roberts University, Tulsa Techonology … (0 comments)
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Susie Genet
Tulsa,
OK
More about me…
Chinowth & Cohen Realtors
Address: 3912 E 91st Street, Tulsa, OK, 74137
Office Phone: (918) 392-0900
Cell Phone: (918) 809-8296
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