Original Tulsa Hills Developers Sells Land
May 7, 2012
Original developers recently sold another 12-acre area of the Tulsa Hills shopping center.
The Tulsa Hills LLC, which is a partnership between Sooner Investment (Oklahoma City based) and Collett & Associates (Charlotte, North Carolina), sold the property to Inland American Real Estate Trust Inc. (Oak Brook, Illinois) for $10.6 million. The aforementioned owners were the [...] Continue Reading…
Union High Marching Band Chosen for Thanksgiving Day Parade
April 26, 2012
Matt McCready dressed in his khakis and dark puller with the official Renegade Regiment logo, which he normally wears only for special events, on a Friday morning for rehearsals, stated, “Go to the auditorium,” there’s somebody who needs to talk to you”, students knew something special was in the air.
The students of course had [...] Continue Reading…
Healthiest Housing Markets
April 10, 2012
With all the buzz in the housing market over the last few years with the housing boom and then heavy bust, some are wondering if there was any place in the US not affected by this huge fluctuation. The answer is yes.
In Texas and Oklahoma, a few cities were not hit hard and are [...] Continue Reading…
1st Quarter Tulsa Index Increases 10.4%
April 1, 2012
The 1st quarter of 2012 was inspiring for the Tulsa Index along with two other stock indexes, with all postings showing positive returns.
Along with the increase of 10.4% in the Tulsa Index Russell 2000, increased 12.4% and Standard & Poor rose 12.6%.
The United States stock market also saw a good quarter which is the [...] Continue Reading…
Home Sales increase in 2011
March 21, 2012
Sales in December helped the year-end total of home sales in the Tulsa area to go above the mark seen at the end of 2010.
2011 ended with 10,133 existing homes being sold which was a 1.43% increase over the homes sold in 2010 of 9,464, as reported by the Greater Tulsa Association of Realtors. [...] Continue Reading…
Foreclosure abuse settlements reached
March 14, 2012
Scott Pruitt, Attorney General, announces that Oklahoma reaches a settlement with some of the largest home mortgage lenders in the nation.
The state of Oklahoma will receive $18.6 million in damages, which will resolve claims of unlawful and unfair lending practices.
The rest of the nation joined the settlement for a $25 billion deal with the [...] Continue Reading…
Home Sellers Real Estate Tips for 2012
March 7, 2012
In 2012, there will still be a large number of households with mortgage loans that are higher than the value of the home, which will impede home sellers making the beginning of 2012 a buyers market. In a recent study, over 20% of residential homes are still underwater which may mean that several foreclosures [...] Continue Reading…
10 Cities ready for Market Recovery
March 1, 2012
Finding the top cities for recovery in the real estate market, you must look at cities that have a better economy, low unemployment, and room to grow.
The top 10 cities that are ready for recovery in the real estate sector are listed below.
Tulsa, Oklahoma is in 1st place. Tulsa is booming in different sectors, [...] Continue Reading…
Vacancies up in Tulsa warehouses and factories
February 22, 2012
In the Tulsa area, warehouses and factories are 12.3% vacant as reported by a new study.
This figure is a bit higher than the 11% seen in 2010, however, author of the report Jamie Hill issued by CB Richard Ellis stated the vacancy is the highest the company has seen from the beginning of issuing [...] Continue Reading…
Home sales increase in 2011
February 12, 2012
Housing prices slid a bit in December, however for home sales for the year there was some improvement.
Home sales for 2011 ended in the positive with a few more homes sold in 2011 than what was seen in 2010 in the Tulsa area.
It was reported by the Greater Tulsa Association of Realtors that during [...] Continue Reading…