Archives for May 2009

Oklahoma's Economy Better Than Most

As evidenced by our low unemployment rates, our low cost of living, and our strong housing market, Oklahoma’s sitting pretty in comparison to many metros these days. Another report I recently stumbled across further implies the same.  I’ve often wondered, since we seemed to realize the ‘recession’ late, will we recover earlier also, giving us […]

Need Down-Payment Assistance??

One of the most common questions I’ve been getting lately is ‘How do I get down-payment assistance?’ Well, if you’re in Edmond, Oklahoma City, or other areas in the OKC metro, there are a couple of ways to answer this: First, there’s the $31M bond money available to first-time homebuyers. Secondly, AND THIS IS BIG, […]

Some Say Edmond Is Expensive

…but you know, ‘some’ are just plain wrong. Below-average cost-of-living is no new topic here, but I’m certainly not going to miss out on an opportunity to brag a little bit more: According to the latest Cost of Living Index by ACCRA, Edmond’s first quarter cost of living index ranks 10.1 percent below the national […]

OKC – a Haven?

More accolades for the way OKC and a few others have weathered the RE crash; and they’re evaluating the reasons why.  One of my favorites, and something we’ve been touting around here for years: What makes the haven cities different? Slow growth helps.

Multiple Offers in a 'Buyers Market?'

According to an article recently published on Realtor.org, states hit hard with foreclosures are experiencing multiple-offer situations. Truth is, we’re seeing a lot of the same here in Oklahoma, where we don’t have a high concentration of foreclosure properties.  As buyer interest grows and inventories shrink, we’ll see more and more of these scenarios. Some […]

Increase in Home Sales Not Just Local

Lately, I’ve posted so much positive news about home sales in Central Oklahoma that’s it’s almost gotten boring.  Our statistics have been showing signs of life for the past couple of months, and the market here is still strong. According the the NAR though, this trend may be more widespread than just the Oklahoma real […]

Can Your Neighbors Affect Your Equity?

Ask any RE pro around and they’ll give you a resounding ‘ABSOLUTELY!‘ Whenever this topic comes up, I tend to envision uncut lawns, overly-weathered fences, or driveways that look like used car lots, but a client and friend of mine recently reminded me of another inhibiting factor if you’re selling your home. Imagine this; you’ve […]

OKC – Top 10 Best Places to Live in 2009

Another Top 10 list for Oklahoma City… if we keep this up, we won’t be able to keep this place secret much longer. Yep, we’re ranked in the Top 10 Best Places to Live in 2009.

Top City for Renters?

I fully expect after posting this that I’ll get some ‘what were you thinking?’s from some of my fellow Realtors, but the reality is that home ownership isn’t for everyone, and the fact that our city’s so affordable in so many ways is what makes it great, so here’s one for the renters out there: […]

OKC Boasts 2nd Lowest Unemployment

Continuing the trend of positive economic indicators for the OKC Metro, The Journal Record reported Thursday that the unemployment rate here is one of the lowest in the country.  Gotta love that! Despite an unemployment rate increase of 2.3 percent over March 2008, the U.S. Bureau of Labor Statistics on Wednesday reported only 5.6 percent […]