Real Estate Information

The following market statistics has been compiled from the Tulsa Board of REALTORS for the period beginning June 1, 2008 and ending June 30, 2008.

With 2,159 homes listed with Tulsa real estate agents you can clearly see that the realtors have been working hard. There are 1339 sales pending and another 1182 that have closed. The average time a home has been on the market has dropped sharply from an already low 58 days in May to 49 days in June.

Around the nation home prices have been treading water, so to speak. Not so here, I am pleased to report the average sales price has jumped from $156,938 in May to $175,133 in June. The average listing price for June 2008 was $196,153.

It has been a great month for Tulsa real estate. One sale to mention would be a breathtaking Sheridan Oaks Estate home. This home closed on June 3rd for $2,850,000. A beautiful 11,732 square foot home nestled on just over an acre of land with a pool, 4 bedrooms, 8 baths, 5 fireplaces and a 5 car garage.

If I can sell your Tulsa homes for you or help you find a place to call home, please visit my website.

 Jenks, Ok homes are in for a great time with awesome cars, great food and fun activities for the kids. The Tulsa Vette Set is hosting this year's annual car and truck show in Jenk's. "A Hot Night in August" will take place August 16th starting at 3:00pm and ending around 8:00pm. Families from Tulsa homes and beyond will be flocking to the Oklahoma Aquarium for this show.

If you would like to enter the show registration starts at 3:00pm and ends at 5:00pm. Coming out to register on show day you will want to be there as early if possible as the first 150 entrants on that day receive a dash plaque and goody bag. Your entrance fee is $15.00 with proceeds benefiting Little Light House in Tulsa. Young children from Tulsa homes with special needs have greatly benefitted from this organization. Pre-registration is also available at a discounted fee of $12.00.

Categories to enter include foreign sports cars, Mustangs, Camaros and Firebirds, Chevelles, Corvettes, stock and modified cars, trucks, and motorcycles. With trophies going to the top three in each of the following areas best paint, best interior, best engine, sponsor's choice, host's choice and people's choice. There will also be some great door prizes.

If you are looking for Jenks, OK real estate or more valuable Tulsa area information please visit my website.

When it comes to real estate terms you may be hearing this relatively new term being used. I will try and explain it to you and hope you see what it could mean to you. Simply put a "short sale" is when a mortgage lender agrees to the sale of a home for less than what is owed on it. Some Tulsa,OK homes may be up for "short sale" giving buyers the chance to capture a great home at a greatly reduced sale price. A short sale will also help the sellers save their credit and pride from being hurt by avoiding  full foreclosure actions. A short sale will still negatively affect your credit. The financial institution does not have to accept any short sale offer. The mortgage lender has to determine what they will accept and IF they will accept a contract. The financial institution has to determine if it will benefit more from a short sale or a foreclosure. The difference is usually applied to the mortgagees income for the year.

There are certain things to consider and you will want to obtain outside help before making an offer on a home that is up for a short sale.  When you are trying to purchase a home through the short sale process be aware that the process is usually a hair pulling one but definately worth the effort in the end. You will have to wait longer that the usual time for approval from the bank asked to accept the reduced amount. You will have to work around the banks timeline not yours. It is possible you may have to make offers on several different houses. So come ready with lots of patience and you may go away very satisfied.

 No doubt you will be trying to get the house as inexpensively as possible and with that in mind you will certainly want a knowledgeable Tulsa real estate agent to assist you in your quest for  your next  home purchase. Please visit my website for listings of Tulsa, OK homes and community information.

According to the August 2008 issue of the popular magazine Family Circle, Broken Arrow, OK homes are the 8th most desirable place in the United States to raise a family. Broken Arrow homes are considered above average in their appeal to families for a number of reasons. Reasons include a very low crime rate, some of the states best schools and extremely fair prices for Broken Arrow real estate. Having more than its fair share of parks, including a new skate park and water park, Broken Arrow is considered fitness conscious. With more than 51% of the households having children it appears the word is out.        

Among the many things to do in Broken Arrow there are a few things you will want to put on your must do list, especially if you are just visiting.  At the top of that list would be the Safari WIldlife Center at 26881 East 58th Street their phone number is (918) 357-5683. Next would be the Broken Arrow Historical Museum located at 1800 South Main Street. You can reach them at (918) 258-2616. Another point of interest that you won't want to miss is the Blue Bell Creamery. You can arrange for a tour to see exactly how they make their ice cream so creamy  and delicious. To find out more call (918) 258-5100. If you are in need of anything to enjoy all the beautiful waterways around Broken Arrow homes then stop in at Bass Pro Shop at 101 Bass Pro Drive.  

If you are looking for Broken Arrow homes then please take a look at my website where you will find more community information and your dream home!

Bixby is Oklahoma’s fastest growing community. Bixby, OK homes are located in Tulsa County along the beautiful banks of the Arkansas River on the outskirts of Tulsa. Bixby covers approximately 70 square miles. The current student population is around 4,400.

Public schools that serve the Bixby, OK homes include 6 school sites.  Bixby offers two elementary schools Bixby North Elementary and Central Elementary which serve Pre-K through 4th grade. This area also has Brassfield 5th and 6th Grade Center and North 5th and 6th Grade Center.  Seventh and eighth grade students would attend Bixby Middle School. Ninth, tenth, eleventh and twelfth grade are to attend Bixby High School. Bixby schools are in session from August 15, 2008 until May 15, 2009. 

The Bixby, OK real estate agents and families alike should see the excellent schools as a major draw to the area. Bixby, OK schools boast a very high senior graduation rate of 99.6% compared to the state average of 97.2%. Add to that the already low state average drop out rate of 14.1%, Bixby’s rate is at 8.2%. GreatSchools has rated these schools with an average of 8 with 10 being the highest.

If you are interested in purchasing Bixby, OK real estate or just want more information on Bixby, OK  please visit my website or contact me directly.

An excellent income opportunity can be found in this Stonecrest subdivision within Broken Arrow.  New to the market this month is this duplex containing 2 bedrooms, 1 1/2 bathrooms and 1 car garage on each side.  One side is currently leased for $550 per month, the other $600 per month.  Built in 1986, this updated duplex is located in a quiet area within the great Broken Arrow school district - the elementary school is Arrowhead, the middle is Haskell and the high school is Broken Arrow. 

Newer carpet, fresh paint, walk-in closets in all bedrooms, fireplaces, private patios and a 5 year young roof  are all highlights of this great deal!  Taxes for 2007 were $1,375.

Both sides of this duplex are currently leased - please call me to obtain more information or to schedule a private viewing of this great Broken Arrow real estate investment opportunity.