Unless you’ve been living in a hole, and not talking to anyone at all, you’re probably in a panic about the sky falling. Sure, there’s a LOT going on out there to be concerned about, and if we all dig in and think about the ‘what ifs’ it’d be easy to just stay in bed […]
Consumer Confidence Up in Oklahoma
Many props to Perry Fatheree of Insight Funding for turning me on to this article about Oklahoma’s consumer confidence index this morning. Although I’m sure it will take some time for consumer confidence to be accurately guaged again, after all the ups & downs of this past week, it’s nice to see that, here in Mid-America, […]
$700b Bailout Falls to Defeat
I can’t remember an issue in recent times that I’ve been more torn over. I’m all for smaller government and the free market economy, so how could I support a government bailout of the failing financial market? At the same time, my own business hinges on the success of our financial market. To say the […]
More Props for Oklahoma Housing Market
Quote of the day goes to the MSN Money Staff, in a recent breakdown of the top real estate markets across the country: The states with the greatest year-over-year appreciation were Oklahoma (4.9%), Wyoming (4.4%), South Dakota (3.8%), North Carolina (3.6%) and North Dakota (3.6%). It may not be a clever line worth engraving on your […]
Edmond Home Values Still Climbing in August
I think we’re all having a little trouble pinpointing the one thing that is sustaining our real estate market most, whether it be our oil-based industry or our modest home prices, or our overall low cost of living. Whatever the case, the reality is that we’re all benefiting from it. Take a look at the […]
Double Down on Appreciation in Edmond & OKC
The Central Oklahoma real estate market is getting a lot of attention these days from all over the country, and it’s getting fun to watch. Rather than just showing you one list today, I’m bringing you the one-two punch. The Housing Predictor, a website of independent real estate market forecasts, published a list today which places both […]
OKC Hits the Top 10 for Home Value Rebound
No big surprise to those of us who live it every day, but Forbes.com just released their Top 10 list of markets most likely to see a rise in home values. Maybe we made the list due to the fact that our market has stayed strong, and we’ve not seen average or median values decrease? […]
More Proof of the Tortoise Smoking the Hare
I never tire of hearing ‘Oklahoma is #1’ and it’s quite satisfying when compared to major coastal markets like Southern California, Seattle, and Florida. This time though, we’re not talking college football, but instead it’s a reference to the old classic tale of the tortoise and the hare. More solid statistical data was just published […]
July Home Sales Up – But Barely
That’s right, sales are up, but not really enough to get excited about. It’s been a strange year, with overall good news, but unpredictability is the theme. Take a look: A 1.5% increase in homes sold from June to July isn’t great, but it’s progress, considering July was still down 16% over this time last […]
Housing Tax Credit Analyzed
As usual, Richard Mize hit a home run with his recent review of the Housing Tax Credit. Personally though, I don’t see a huge problem with the increased down payment requirements for FHA loans. Sure it makes it tougher for those looking to jump into home-ownership, and it slows sales to some degree, but a large […]