Oklahoma City, OK Real Estate News

By Steve Mangus
(not active)
Good morning everyone. This has happened to me twice this past week. I was putting out open house signs in my neighborhood when a lady stopped to put our her signs for her open house. She told me she was selling it herself and in the course of our conversation she said, "If you bring me a buyer I'll pay you cash--$500! Like I should be excited about that, and here's the topper---she tell's me she's an inactive agent! I really wanted to laugh, but I replied "it would take a lot more than that." She looked at me and muttered, "that's what I told my husband." Then, last night I saw the owner of a very nice fsbo working in his yard. We had a nice conversation and I asked if it would be possible to preview the house. He said that would be fine but he informed me he wouldn't pay 3% because "y...
Comments 10
By Steve Mangus
(not active)
In one of my previous blogs we discussed closing gifts and there were some good ideas. I just finished a meeting with a rep from CUTCO who offered some really nice kitchen tools as gifts(knives, ice cream scoops, pizza cutters etc.) A little on the pricey side but I've been looking for something of value that wouldn't get thrown away. The quality is good and your name and logo is laser engraved into the tool. They also go back to the client once a year and do free knife sharpening too at which time the client fills out a satisfaction survey which hopefully nets referrals. My question is have you used CUTCO and how was/is your experience? Would you recommend them? Is there someone else doing the same thing for maybe a little less money? Thanks for your time--I look forward to your commen...
Comments 4
By Steve Mangus
(not active)
OK. I have to give it up to myself. This is brilliant--pure genius actually(such moments are very rare for me). Starbucks is in trouble. First of all, Starbucks overexpanded. Second, the money people used to spend on latte's and cappucino's is now going in the gas tank. So now we have 600 stores being closed and almost 12,000 people out of work. Krispy Kreme's problems go back a few years. They also overexpanded. It was a bad idea to put their donuts in every grocery and convenience store but Starbucks didn't learn from KK's mistake and now you can find their products everywhere too. Krispy Kreme has also closed a lot of stores(thank goodness the one nearest me in OKC is still open) but their stock is still below $5. In fact a $20 bill will almost buy you a stock of both Starbucks and K...
Comments 24
By Steve Mangus
(not active)
I like Italian food, don't you? Pizza, spaghetti, lasagna...it's hard not to like it. I also like to support local restaurants. Almost all restaurants are having it tough these days and for the little guy facing higher costs and fewer customers, the problem is magnified. Located in the NE corner of NW Expressway and Rockwell in Oklahoma City is Meiki's Italian/American restaurant. Meiki's is a family restaurant, casual and with one large dining room. The restaurant is not new to OKC, but they have only been in this location for about a year(give or take a few months). The sauce is what makes Meiki's so special--it's very flavorful, what can I say it has a great taste. I really like his lasagna and spaghetti(try it with the italian sausage). My wife really likes the chicken cacciatorre b...
Comments 1
Starting tomorrow (July1) all stations in Oklahoma are required to have their pumps labeled as to the content of their fuel. This evening I found a Conoco with no label, Sam's with a label stating their fuel contains 10% ethanol or less, and Valero (122nd & Western) with 100% gas.  You may have seen the piece Channel 9 did regarding the damage ethanol did to lawnmower engines and other small engines. Apparently it ruins the gaskets. Although you may pay a little more (I paid $3.83 this evening at Valero) You should see better gas mileage and better engine performance. For more information on this and which staions have the lowest (and highest) prices check out gasbuddy.com and the Oklahoma City message board. in our business of being a realtor, we drive a lot and while mileage is very i...
Comments 5
By Steve Mangus
(not active)
I really enjoy crunching numbers, however, the numbers I'm crunching today don't taste so good. First of all let me say I don't consider myself to be a negative person--I do consider myself to be a realist. According to figures I pulled off our MLS site, closings in the OKC metro area are down 29% for June 1 thru today June 26 as compared to the same dates in 2007. Sales in Mustang are down almost 40%, in Yukon down over 32% and in Edmond down 29% compared to the same time last year, so it's not just one area, it seems to be across the board. There is some good news though. Our median price is holding steady at about $130,000 and the average price for May was almost $158,000, UP over $11,000 from April of this year and UP over $6,000 from May, 2007. So why the slowdown? Oh, I almost for...
Comments 2
By Jana DavisThe rush to finish a brand new home in eight days is a daunting task. No one could have prepared Dusty Boren, owner of 4 Corners Custom Homes, for the new and exciting challenges in their first participation in the nationwide Habitat for Humanity Builders Blitz. "It's like landing jets at O'Hare International Airport," Boren said. "You really have to rely on everyone." Preparation is the key to the success of the new homes. "We've been planning since January," Boren said. Read the Full Article >> About 4 Corners: With over 30 years of combined experience in residential construction and community development, you can trust you have made the right choice when it comes to your next home. Our neighborhoods are located in the finest school districts, boasting the most appealing ...
Comments 0
By Rick Jackson, Oklahoma City Real Estate
(Dreams Do Comer True, LLC. Prudential Alliance Realty)
Oklahoma City is growing every day.  A lot of Okies, including myself are quick to be negative about the road conditions and the cost of living.  Reality is, that the Greater Oklahoma City area is actually evolving into a city of many attractions and economic value.  I am seeing wonderful additions everywhere I look.  I have always been partial to the Colorado Springs area.  Last fall while attending a sales class, we were taken to an area in the northwest part of the city.  It had some really fabulous homes being built that surrounded a nice lake with a walk way.  I was pleasantly shocked that such a place was less than 8 miles from my home.  Since that time, while meeting clients at other additions, I have discovered areas in all parts of the city that exceed what I can describe. The...
Comments 0
By Rick Jackson, Oklahoma City Real Estate
(Dreams Do Comer True, LLC. Prudential Alliance Realty)
I didn't know until today, but while watching a recording of Discover Oklahoma they mentioned that parking meters were invented in Oklahoma City. I looked it up and found that it was patented in 1935. More information can be found at Wilkapedia. Also the first shopping cart was introduced in Oklahoma City in 1937. What will I learn tomorrow????????????????????
Comments 0
By Perry Fatheree
(Insight Funding Group)
Talk about being blessed. With all of the confusion in the national media, Oklahomans or those looking to invest in an area with little or no risk should go to the following link, http://www.forbes.com/2008/04/29/cities-recession-places-forbeslife-cx_jz_0429realestate.html. In a nutshell, Forbes has listed OKC as a recession proof city. This is not shocking or news to those of us that live here. A great quote going around is that you don't take shelter in Oklahoma for a tornado in California. We should feel blessed that there are some journalist objective enough to point out the good markets, rather than painting an entire country with one big brush.
Comments 0
By James and Lanita Sherburn
(AdvantEdge Realestate Group)
Our first objective was to determine who were the builders in Oklahoma city area that are using green building techniques and to what degree. We talked to several builders in the area about green building. Several were using some of the techniques to improve energy efficiency such as solar board on  the roofs, and walls.blown in cellulose,Seer 13 HVAC, house wraps, low e windows, caulking to seal air leaks and advanced framing. None of the initial contractors that we met were using a third party energy rater to over see the different segments of the construction process,size the HVAC and measure the energy efficiency. We decided to look for Energy Star rated contractors that committed to build Energy Star Certified homes. Energy Star defined by the DOE  is a joint program between the US...
Comments 0
By Jack McWilliams
(REMAX PREFERRED PROPERTIES )
Investiment in renovating homes and selling them for a profit is big business throughout the United States including here in Oklahoma City.  With the sagging housing market many are turning to this practice.  Because Oklahoma City has some of the best values in the country, why not consider making an investment in any one of hundreds of homes on the market in Oklahoma City before the "worm turns".
Comments 1
By Rick Jackson, Oklahoma City Real Estate
(Dreams Do Comer True, LLC. Prudential Alliance Realty)
Join us on the Oklahoma River April 18-20 for USA Canoe/Kayak's 2008 US Olympic Team Trials for Flatwater Sprint. Nearly 100 elite paddlers from across the US will compete in the three-day Olympic Team Trials, each vying for a position on the 2008 US Olympic Team. Click here for the schedule
Comments 0
By Jack McWilliams
(REMAX PREFERRED PROPERTIES )
What a name for a rider to a For Sale sign for newly constructed and vacant homes.  We have plenty here in Oklahoma City and Edmond.  Now is the best time to consider making the move to our great state.  Builders are offering some of the best deals to move you into your dream home.
Comments 4
By Mike Glazner
(Max Value Real Estate LLC)
Good Thing You're in Oklahoma!The Real Estate Market in Oklahoma City is Great!They are taking a few days longer to sell but things are selling, and they are selling for more than they did last year!Mike
Comments 5
By Nikki Duran
(Metro First Realty of Edmond)
When you hear the national news media talk about real estate is this how you react? The Oklahoma Real Estate market is doing great! Aren't you glad you're in Oklahoma?
Comments 4
By Sarah Del Valle, Oklahoma Investment Specialist
(Agent Networking)
Blog post #3 - Hey, this isn't so hard after all....and whoever said "he felt sorry for me" I'm beginning to understand what he meant. I woke up this morning and had the strangest urge to.....BLOG! How funny. I couldn't wait to read my comments and see what others had to say. So to all you vetern bloggers out there....thanks for all your positive feedback. I take your suggestions to heart and I will keep on writing and learning. Real Estate Related...I'm in Oklahoma City, and have been since 1989, give or take a few months I "moved" to Pismo Beach for what was more like a long term vacation than anything else. I've been working in real estate since 2001, first in Residential Mortgages, then Real Estate News, and now I'm a REALTOR and a full time investment coordinator. What I've discove...
Comments 4
By Ruth Ann Mertens-Oklahoma City Real Estate
(Paradigm AdvantEdge Realty)
CNNMoney.com offers a feature which allows you to search for your Best Place to Live based on several criteria, including Housing Affordability, Plentiful Leisure Activities, Plentiful Cultural Options, Job Growth, Sunny Weather, Short Commute Time, and Good Health Care Access.The above criteria were assessed in the following manner:   Affordable Housing-Median home price in area  Plentiful Leisure Activities-Number of sports, concerts, family/arts events, movie theaters and restaurantsFord Center Events Oklahoma Redhawks BaseballPaseo Arts District Activities and Events National Cowboy Hall of Fame and Western Heritage CenterPlentiful Cultural Options-Number of museums, arts theaters, and orchestras Oklahoma City Museum of Art Oklahoma City PhilharmonicLyric Theater   Job Growth-From 2...
Comments 2
By Derik Keith, Keith Home Team - Metro Brokers of Oklahoma
(Metro Brokers of Oklahoma)
FOR MORE PICS AND INFO VISIT http://www.thegreatrealestate.com/   10413 Casa Linda,Brookwood VillageOklahoma City  73139•  Single Family Home•  3 bedrooms•  1 Story•  2 bathrooms (1 or more with tubs)•  2 Car Garage•  Composition roof•  Built in 1980•  Brick exterior•  2093 sq. ft. living areaREDUCED.  Priced well below market!  Huge Rooms, great floorplan with lots of space. Two zone HVAC. New carpet in master bedroom, New tile in kitchen, foyer & utility room. Mature trees & shrubs. Circle drive. High pride of ownership throughout neighborhood.  Moore Schools.
Comments 0
By Larry Taylor
(Prudential Alliance)
On March 4th the voters of Oklahoma City gave approval for continuing a sales tax to improve our Ford center in order to atrack a major league NBA team.  This is wonderful news for those wanting to move to the major Oklahoma City metro area.  By living in the metro area, you will have easy access to Major college football,(OU and OSU) Minor league baseball (AAA team of Texas major league team) The best minor league Hockey and now a NBA team.  We have a great entertament area in Bricktown and easy transportation to all events.  If anyone is looking to move to this area you should consider the OKC metro area.
Comments 0