Great article in Tulsa World about strength of Tulsa Real Estate Market:
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Great article in Tulsa World about strength of Tulsa Real Estate Market:
Here is the March Tulsa Area Real Estate Market Report, Number of homes for sale is tight, only 4.5 months worth of inventory. Please let me know if you have any questions or if I can help you, your family, neighbors or co-workers with their real estate needs. Thanks!
South Bridge homes for sale constitute some of the most desirable real estate options in Bixby, Oklahoma. This neighborhood offers one of the best locations for growing families, as well as professionals who want a great, convenient location. Lighted sidewalks provide a safe place to walk at any time; the local park area features a playground, as well as a splash park for exciting summer entertainment. Bentley Park offers plenty of recreational opportunities for the whole family and Lake Bixhoma is the perfect place to spend time on a weekend.
There are several unique new construction homes in South Bridge to consider. The Cody features an open floor plan complete with breakfast nook and room for a growing family. Darlington homes feature living areas with soaring ceilings and master suites that provide a bit of privacy. The Aberdeen features a split floor plan with an over sized kitchen. All of the different floor plans have something unique to offer.
All of the home prices start in the $160,000 range. This is a very affordable price range for professionals who are moving into the area. Prices for some of the more expensive homes range into the $200,000's. These homes provide a good amount of square footage for their price and are built with the needs of growing families in mind.
South Bridge homes for sale are close to some great public schools. The Bixby Public Schools provide students with a quality education Monday through Friday, while the weekends can be spent at the Woodland Hills Shopping Mall which is just a 10 minute drive from the community. This mall has all of the quality shopping and dining that everyone looks forward to in an area like this.
To schedule your personal viewing of these new homes in Bixby, please give me a call at 918-231-5734.
The city of Bixby is a fast growing community which now offers The Territory homes for sale. This new construction subdivision in Bixby is the ideal place many visitors and current residents can’t wait to call home. Chalk full of amazing features, amenities and it’s convenience to expressways and other transportation outlets, you’ll find it easily accessible for commuters. Families love the community play area, neighborhood basketball courts and tree lined streets that make the area feel so warm and inviting. Situated just ten short minutes from Lake Bixhoma and Bentley Park, you’ll never be short on things to do. Bixby is also just moments away from some of the best shops, dining establishments, local entertainment and its dedication to bringing new business to the area.
In the Oklahoma area, foreclosures have dropped in the year 2013 so far. There is one area in Oklahoma that is not experiencing this drop in numbers, and instead is facing a rise in foreclosures. Tulsa is the area where foreclosures are actually on the rise this year.
While the housing market has weathered some volatile trends during the past few years, Tulsa real estate is now providing good news for hopeful investors. Sales of homes are up significantly during the first month of 2013.
Compared to the same time period in 2012, the housing sales for 2013 have already resulted in strong growth and profits. The available home listings are moving quickly as buyers are eager to offer top dollar for premium properties.
The boost in nationwide housing sales has resulted in a sharp decline among inventory listings. Experts report that inventories for Oklahoma and other states have dropped by almost a third. For many realtors, this is credible proof that the marketplace has regained its footing.
People are now highly motivated to sell. These same individuals are also anxious to up the ante. Today it is a sellers' market and Tulsa homeowners are discovering that they need to take advantage of this situation. In order to command top dollar, local homeowners are busy performing home improvements and working on the curb appeal of their properties. They know that buyers are going to be attracted to homes which have been upgraded and well-maintained.
According to members of GTAR (Greater Tulsa Association of Realtors), 2013 single family home sales increased by almost 6% in January. A total of 719 property titles were transferred to happy home buyers during this time.
2012 was a significant year because the Tulsa real estate market demonstrated steady growth throughout the year. Overall in 2012 there was a 16.2% rise in housing sales compared to 2011. 2013 is already on track to surpass these numbers and the January sales figures did not disappoint. This year, Realtors posted the highest number of January home sales since 2008.
As foreclosures and inventory both continue to decrease in number, the Tulsa real estate market is expected to continue its steady growth. The selling price for many Tulsa communities is steadily rising as demand outstrips the supply. Homes that are valued between $100,000-$200,000 are especially desirable. Tulsa realtors have reported the inventory for these homes has already begun to diminish and fewer distressed homes are expected to enter the marketplace during the coming months.
For more information about the Tulsa real estate market and trends, please contact Randy at 918-231-5734.
With insurance costs on the rise, it may be a good time to take a look at your Tulsa home insurance policy and find ways to lower your bill. The spike in rates can be attributed to an increase in the number of disasters, high cost of repairs and significant number of mold claims.
The following are suggestions to help you lower your rates:
The housing industry has seen a dramatic rise and fall in recent years, and it has many wondering if there were any areas unaffected by the unstable market. Fortunately, the answer is yes.
Several cities in Texas, Oklahoma and Montana are continuing to see solid sales and were not bothered by the housing decline. Some of the cities heading the list include Dallas, Midland, Corpus Christi, Billings, Tulsa and Oklahoma City.
Long established properties such as Tulsa homes have failed to be hurt by the real estate stall and some say that the reason for its continued growth is because of the gasoline price increase. Oil towns have a lower than average unemployment rate, and their property values are higher than other areas in the U.S. This means that the pool of inventory is increasing, and there is a lot of activity out there in the real estate world that is garnering huge sales for both buyers and sellers.
For people looking to make a solid housing investment, the oil belt areas are their best bet because of the rise in oil production. Natural gas and oil companies are not only bringing energy to these areas, they are also adding a variety of employment opportunities. With the added job growth come families who are in need of homes. All of this has a positive effect on the real estate industry, and you can see why these cities have not been affected by the housing bubble burst that so many other cities have been witness to.
The oil booms in Texas and Oklahoma can produce enough energy for every family in the United States to last upwards of five years. Areas in Oklahoma are also seeing their energy operations expand along with their workforce. This means that the industry will drive Tulsa homes to exceed what their sales have produced over the past few years.
The Tulsa real estate market offers plenty of great deals and exceptional real estate options for those seeking a new home. Tulsa homes offer affordable prices and interest rates as well as a prime location in the heart of one of the country’s most economically robust regions. Prospective Tulsa homebuyers should keep these four tips in mind when searching for their dream home in the city.