"June home sales post rise" Tulsa World  07/28/2009

"Approximately 1,110 homes changed hands in the metro area last month, topping June 2008's total by nine, according to the Greater Tulsa Association of Realtors. The result also beat May's total by 14 percent."


"Area home sales rebound in June" Tulsa World  07/27/2009

"Tulsa area home sales may have finally turned the corner, as June’s closings beat the year-ago total, marking the first month ahead in 2009."


"Tulsa housing market predicted to fare well" Tulsa World  06/24/2009

"A recently released home pricing forecast indicates that the Tulsa market will be among the top 13 performers in the nation over the next year."


"Tulsa area home sales rise" Tulsa World  06/04/2009

"Tulsa area home sales improved for the third straight month in April, though the pace didn't quite match last year's. "


"Consumers are out looking, and we're starting to get busy,"

"Tulsa-area home sales jump" Tulsa World  05/08/2009

"The first-time homebuyer incentive has helped us, and consumer confidence seems a little better," she said."

"Dunham said interest rates, now at a U.S. average of 4.84 percent and near the all-time low of 4.78, have helped, as well."

"Also, the number of pending contracts rose considerably, which could indicate strong April sales, Dunham said."

"Tulsa real estate market passes the stress test" Tulsa World  04/16/2009

"Many factors are different for the Tulsa area this time around, and they stand to put us in a stronger position as we recover."

"In fact, many statistical resources indicate that Tulsa is one of the "best value" housing markets in the country."


"Tulsa No. 5 on Forbes list of "most livable" cities Tulsa World  04/06/2009

"Also, Tulsa was selected in October by Forbes as the fifth-best city in the country
to “ride out” the recession, based on its low unemployment rate and stable homeowners equity."

"Area home sales climb but stay below '08 pace" Tulsa World  04/03/2009

"Tulsa-area home sales picked up in February, though the overall pace was still well off that of last year's."


"Mortgage rates hit record low" Tulsa World  04/03/2009

"Rates on 30-year mortgages fell to their lowest on record for the second consecutive week after the Federal Reserve launched a new effort to assist the staggering U.S. housing market."


"Tulsa area home sales rise" Tulsa World  04/02/2009

"Tulsa area home sales picked up in February, though the overall pace was still well off that of last year."

"A total of 672 homes changed hands during the month, according New Orders Weekly, a real estate tracking service."


"Fewer in state losing homes to foreclosure"
Tulsa World 02/12/2009

"Significantly fewer Oklahomans lost their homes in January, as foreclosures dipped 23.4 percent from the month before."

"Home sales in Tulsa outdo national average" Tulsa World  01/28/2009

"Tulsa's housing market took a hit from the slumping national economy in 2008, as home sales fell 11.8 percent. Though significantly lower, Tulsa outperformed the nation as a whole."

"Tulsa mortgage rates reflect slight decline" Tulsa World 12/17/2008

"Mortgage rates at local lenders dropped Tuesday — but only slightly — in response to the Federal Reserve sharply cutting a key rate target"

"Consumers shouldn't wait if they're looking to purchase or refinance, since we expect this will be a short window,"

"Mortgage rates keep dropping" Tulsa World 12/05/2008

"Rates on 30-year mortgages plunged this week to the lowest level since January after the government
launched a sweeping new effort to aid the U.S. housing market."

"Tulsa home values stay stable" Tulsa World 11/20/2008

"The median value of all Tulsa-area homes didn't go up a single dollar over the last year, according to a new report by real estate data service Zillow." 

"But they also held their value, an amazing accomplishment when values for the entire nation went down 9.7 percent at the same time, said Katie Curnutte, a spokeswoman for Zillow."

"Tulsa home values hold steady" Tulsa World 11/19/2008

"Over the last 10 years, Zillow estimates Tulsa homes have gained 4.6 percent in value each year."

"Tulsa's results are vastly better than the 9.7 percent nationwide drop the company reported for the same period."

"Home Prices Rise in Some Metros, Buyers More Active in Other Areas" Realtor.com 11/18/2008

"The median existing single-family home price in the South was $174,200 in the third quarter, down 3.7 percent from a year earlier. The strongest price increase in the South was in the Tulsa, Okla., area, at $139,800, up 5.1 percent from a year ago"

"Tulsa housing market one of nation's best" Tulsa World 10/30/2008

"The central part of the country, including Tulsa, did not experience the big run-up in prices during recent years. Our market has proven to be most stable — "It's a good thing you're in Tulsa."

"Real estate is a long-term investment; you simply cannot compare year-to-year or month-to-month sales and then forecast the strength of a market."

 

"Tulsa houses priced under value" Tulsa World 10/11/2008

"Tulsa was the 11th most-undervalued market of the 330 metro areas examined by the organizations."

"Mike Cotrill, chief operating officer of the Greater Tulsa Association of Realtors, said the survey shows that area homes are a relative bargain for buyers, especially for those buying from out of state."

"Since it's more affordable, you can buy more home for your money," he said.

"Realtors feel Tulsa market still strong" http://www.newson6.com/global/story.asp?s=9088492 09/29/2008

"The for sale signs seem to be everywhere in Tulsa.  Instead of that being a sign of homeowners in trouble, a real estate broker says it's an indication of a market that remains strong."

"And the one interesting fact is that Oklahoma ranks number one for home value gains in the whole nation," said Prudential broker Johnnie Cherblanc.

"Local home sales edge higher" Tulsa World  09/25/2008

"Tulsa-area home sales picked up in July but fell short of the number for the same month last year."
"Horton predicted that home sales will start to recover now that federal action has increased the availability of home loans."

"Home foreclosures in Oklahoma drop in August" Tulsa World 09/12/2008

"Fewer home loans collapsed in Oklahoma during August, as the number of foreclosures dropped 21 percent from July."

"Fannie, Freddie deal helps some borrowers, not all" Tulsa World 09/08/2008

"The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect."

"U.S. takes over 2 mortgage giants" Tulsa World 09/08/2008

"Treasury Secretary Henry Paulson is betting that providing fresh capital to the two firms will eventually lead to lower mortgage rates, spur home-buying demand and slow the plunge in home prices that has ravaged many areas of the country."

"Oklahoma is No. 1 in housing game" NewsOK  08/27/2008

"Oklahoma is No. 1 in home value gains — at a time when homeowners in most of the rest of the country are wondering what hit them in their equity."

"Tulsa's median price of $132,000 was 2.3 percent higher than the $129,000 recorded in the second quarter of 2007 and 8 percent higher than the $122,200 median price in the first quarter, the group said."

"Housing bill offers owners tax breaks" Tulsa World 08/17/2008

"Tax breaks for owning real estate are undergoing another shift, thanks to the Housing and Economic Recovery Act recently signed into law by President Bush."

"Fed adopts plan to curb shady mortgage practices" Tulsa World 07/14/2008

The Federal Reserve has adopted rules to give home buyers more protection from the types of shady lending practices that have contributed to the housing crisis and propelled foreclosures to record highs.

"City rates as a place to prosper" Tulsa World 07/06/2008

"Tulsa's low cost of living is a selling point for many who live in or move to the area. It also was a prime factor that helped Tulsa place 12th out of 69 cities for being favorable places to build personal wealth, according to information released Monday by Salary.com Inc."

"Tulsa No. 9 on home buying list" Tulsa World 06/27/2008

"MSN, the Internet portal operated by Microsoft Corp., puts the Tulsa area at No. 9 on its list of the best residential real estate bargains."

"The list, compiled by Bert Sperling of Sperling's Best Places, indicated that Tulsa is a good place to raise a family, with affordable suburbs and a thriving economy. "

"Come prepared when seeking a home loan" Tulsa World  06/19/2008

"Home buyers, real estate agents, builders and anyone else closely associated with mortage finance should be aware that the recent changes are some of the most significant we have seen in some time."

"Mortgage interest rates still remain favorable, so there is no better time to buy or refinance even with these changes in the market. "

"Foreclosure rate improves" Tulsa World 06/13/2008

"The number of new Oklahoma foreclosures eased significantly in May, as 30 percent fewer were filed than in April."

"Oklahoma dropped to 29th in RealtyTrac's ranking of states with the highest foreclosure rates, down from 22nd highest in April."

"Tulsa ranked No. 5 on list of best places to live" Tulsa World 05/17/2008

"Tulsa is something of a best-kept secret. Rankings like this help get that secret out,” said Matt Pivarnik, senior vice president of the Tulsa Metro Chamber."

"We hit a double with our low cost of living and very a"ordable cost of doing business,” he said. “Prospects also like our quality of life, short commute times, the talent of our work force, arts, weather and our rolling, green hills.”

"Tulsa foreclosure rate steady, better than U.S." Tulsa World 04/29/2008

"First-quarter home foreclosure figures for Tulsa barely budged from the previous quarter and the same period a year ago, well outperforming the state as a whole and the nation. "

"Tulsa is the 68th-highest metro area for foreclosure, down from 56th the previous quarter. Just 20 of the 100 metro areas cited by RealtyTrac showed a decrease from the previous quarter. "

"Tulsa area real estate market bucking the trend" Tulsa World 04/24/2008

"According to statewide Multiple Listing Service numbers, Oklahoma housing values rose 4.2 percent in 2007. And the even bigger — and brighter — news: It was the seventh straight year that property values increased in the Sooner State!"

 

"Veros Forecasts Nation's 10 Strongest and Weakest Markets" Veros/Select Intelligence

"The central part of the nation has thus far been largely unaffected by the rapid price appreciations that were seen in many other geographic areas."

VeroFORECAST Strongest Five Markets (01/14/2008)
#1 - Wichita, KS: +4%
#2 - Raleigh/Cary, NC: +3%
#3 - Sioux Falls, SD: +3%
#4 - Fargo, ND: +3%
#5 - Tulsa, OK: +3%

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