The Risk of Pricing Your Home too High “Just to See What Happens”

Every home seller wants to get the most money possible when selling their home, especially considering that as much as $500,000 in profit can be earned free of federal taxes. So why not price your house to the moon and see what happens? You can always reduce the price later, right? Well, there can be a few problems with pricing your home too high. First off, if you price a home too high and then slowly start bringing the price down - and down, and down - when there is no activity on your listing, buyers are going to notice. The time on the market becomes an issue and buyers start to wonder … Continue reading...

July 2016 OKC Metro Real Estate Report

Summary The oil "bust" during the past year had a slight effect on home sales prices and availability, but the bump was only temporary and the market has once again rocketed upwards. In 1984 we saw the bottom drop out of home sales after the oil bust. This year? Just a minor blip despite all the oil industry layoffs. That goes to prove that the OKC area economy has diversified in the past 30 years and is much more robust and not nearly as dependent on the energy industry. Home prices nationwide have mostly recovered to their pre-2008 housing crash levels because of the improved national … Continue reading...

February 2016 OKC Metro Real Estate Market Report

Summary We are starting to see the effects of low oil prices on the Oklahoma City metro area real estate market. Luckily the Oklahoma City and surrounding areas economy is much more diversified than in past oil "busts" so the drop is not nearly as dramatic or devastating as we saw back in the 1980's. In addition, the national economy is very strong right now so that is helping to strengthen home prices in the area. The Tinker Air Force Base complex is booming with business, Boeing Aerospace continues to add good paying jobs to the local economy, our downtown OKC revitalization efforts have … Continue reading...

Oklahoma City makes list of National Geographic’s Best Trips for 2015

If you are from Oklahoma City, you already know this, but it is nice when others recognize how cool your hometown is. OKC has undergone a remarkable transformation from 25 years ago. I remember when Bricktown was nothing more than a junkyard full of old cars and a junked fighter airplane shell. The citizens of OKC decided to make a change and voted in the MAPS project. This was such a success that MAPS 2 and MAPS 3 followed, and here we are 25 years later with a sparkling jewel on the plains of central Oklahoma. Our city has become a cultural leader and an economic engine of growth. National … Continue reading...

Coffee and Cars OKC North Park Mall

Friday night rolls around with no plans for Saturday morning. Work? We do that all the time. Mountain biking? Love doing that, but it is supposed to be pretty cold and windy. We would go ride our motorcycles since it has heated gear, but front wheel is off my R1200GS awaiting a replacement tire. Up pops a notice on my Facebook page from an acquaintance and Mini car owner, Dean Wilhite, inviting me to the Coffee and Kars gathering on the first Saturday of each month. Oh yea. I forgot about that. Sure sounds fun as long as I dress warm. I had followed Dean’s rebuild of his Mini over … Continue reading...

Oklahoma City Executive Ranch

Take a look at this stunning 6 bedroom, 6 bathroom luxury home on 20 manicured acres near downtown Oklahoma City. It features two master suites, six and a half bathrooms, an award winning swimming pool, and state of the art 8 stall Morton barn that is a horse lover's dream. Below is a beautiful 3D tour of this amazing home. Click on the picture for a full screen view. View this tour in a new window. Virtual Tours in Oklahoma This home features a stunning, award-winning zero entry swimming pool with three waterfalls, two diving platforms, fiber optic lighting and a … Continue reading...