William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale. So with so much riding […more]
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% […more]
nsjulio/iStock What does “TLC” mean in a listing? You’ll often see the phrase “needs TLC” in real estate listings, but it doesn’t mean the ’90s rap group or the TV channel. The slang definition of TLC, or “tender, loving care,” is “this home needs work”—and odds are high it needs a lot of work before […more]
There’s no doubt that today’s housing market is changing, and everything we see right now indicates it is time to sell. Here’s a look at why selling now is likely to drive the greatest return on your largest investment. Home values have been appreciating for several years now, growing at a strong, steady, and impressive […more]
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today. 1. How much do you really need […more]
Price adjustment alert for 15844 Chapel Ridge Rd Edmond OK 73013 in Fairview Farm. This spectacular home was just reduced to $799,900 sale price. Exceptional home in Fairview Farm! Stunning entry with double-entry staircase and travertine flooring. There is a living room with cathedral ceiling and wood beams, wood floors and beautiful fireplace along with […more]
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.” He further stated, “Buying a home is an escalator to wealth.” Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances […more]
Beth DeCarbo/The Wall Street Journal Construction on our new house was about half done when the plumber went out for nearly two weeks because a cut on his finger was badly infected. That held up the electricians, who needed to run wire for all the lights, outlets and switches. That delayed the Sheetrock installation, which […more]
The OKCHomeSellers Team has 4 beautiful homes open this weekend. The following properties will be open to the public on Sunday, August 4th, 2019. All homes will be open from 2:00 to 4:00 PM. Click each listing below for more details and photos. 7205 NW 156th Street Edmond OK 73013 | Rockwell Parke This home […more]
Some Highlights: Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June. Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply. Median home prices were up 4.3% […more]