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Everything you need to know about Oklahoma Real Estate.
ARCHIVED BLOG POSTS
2009
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The U.S. Bureau of labor statistics are very kind to Oklahoma. Both of our major metropolitan markets, Oklahoma City and Tulsa, show a rise in jobs for 2009 to be .2%. I know that sounds like damning with faint praise, but look at the layoffs just last week. The Bureau is also estimating a total ...
01/31/2009
One of our state banks has given up special financing for investors who want to buy residential real estate in our state. The only people who cannot qualify are investors who live in California, and in certain areas of Florida. Those limits are due to the problems with the economies of those stat...
01/29/2009
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CRS, Certified Residential Specialist, is the top designation in residential real estate. It's members represent the top 4% of Realtors in the United States. Every year they have a convention called "Sellabration", and this year it is in San Francisco. I am privileged to have been asked to be on ...
01/28/2009
My last two post were about how good news about the Oklahoma economy is filtering in through the gloom of the national presses focus on what is falling apart. Today more job significant job losses were reported by Catepillar, Sprint, Home Depot and others. Catepillar alone reported 20,000 lay off...
01/27/2009
Moody's just released a list of the 100 best compnaies to work for. Among the criteria is new jobs being created. Devon Energy of OKC ranked No. 13. American Fidelity of OKC ranked 46, and Chesapeake Energy ranked 73. Chesapeake is just finishing two buildings at $20 million each that will bring ...
01/24/2009
Forbes.com in conjunction with Moody's Rating Service has evaluated the Top25 and Worst 25 housing markets in the U.S. There ratings considered the job market, inventory levels of homes, foreclosures, and previous history of inflated run ups in prices. Most of the Top 25 did not participate in th...
01/21/2009
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It is a good time to be in Oklahoma and not places like California. All the states recently published their projected shortfalls for 2009. Many states like California are projecting huge deficits even into the billions. California recently suspended tax refunds and welfare checks. On the other ha...
01/18/2009
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2009 is finding the mortgage industry without good loans for investors. Fannie Mae has reigned in the number of properties financed to 4 total, and no company wants to back 10% down conventional investor loans. We have an answer. The East Village is a new condo project just over a mile from the U...
01/17/2009
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Sorry for the delay in my blogging lately. It seems cancer can be a full time job. I just got back from MS Anderson in Houston to have to deal with two investor offers on a new already rented home. The orginal list price was $175,000, but the builder financed this home with was his last since th...
01/14/2009
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In the Presidential election, much talk was given to the need to reduce our dependence on foreign oil. Senator McCain touted drill baby drill which would not touch the problem for maybe 10 years from now, and a return to nuclear energy plants which have been shown to be too expensive to be effect...
01/06/2009
Rainmaker
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Joe Pryor
REALTOR® - Oklahoma Investment Properties
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We want to inform you of economic and demographic information in Oklahoma, as well as alert you to unique investment opportunities in both residential and commerical real estate. We also will step outside of our state to comment on important news and events as they shape our real estate world. This blog has opinions but is not dogmatic. We hope for open dialogues that make us all better Realtors that give exceptional service to our communities.