Jump in mortgage applications for home purchases shows buyers are back

Posted on May 27, 2020 by Jorie Helms
By Kathleen Howley Purchase apps last week were 6.7% higher than a year ago, MBA says Applications for mortgages to purchase homes gained for the sixth consecutive week to a level that was 6.7% higher than a year ago, back when a deadly pandemic ...
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Cities blocked from imposing aesthetic design standards under new law

Posted on May 26, 2020 by Jorie Helms
By: Janice Francis-Smith, The Journal Record OKLAHOMA CITY – After a coordinated effort by a handful of statewide organizations concerned with residential real estate, legislation to keep municipalities from imposing purely aesthetic design standards...
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Oklahoma home sales healthy despite pandemic

Posted on May 26, 2020 by Jorie Helms
By: Sonya Colberg, The Journal Record Oklahoma City houses are priced at an average of $197,000, up 8.2% year- over-year, with 20 days average on the market, reports Redfin. In Edmond, the average price is $257,000, up 2.9%, averaging 22 days...
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CAUTION – Trouble Ahead? by Kent Carter

Posted on April 29, 2020 by Jorie Helms
CAUTION – Trouble Ahead? The Pandemic surrounding us has sent shock waves into the lives of individuals and families worldwide.  With so many deaths and the continuing illnesses almost everyone is scared, frustrated, and confused. There are c...
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What a strange time we live in by Joe Robson

Posted on April 28, 2020 by Jorie Helms
What a strange time we live in.  How can a bug from a bat in China shut down the world?  Everything is going great, then wham, the wheels fall off our cart.  It begs a lot of questions like: How in the world did this happen?  How long will it last...
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How to Keep Buyer Traffic Flowing Despite COVID-19

Posted on April 14, 2020 by Jorie Helms
With prospective buyer traffic severely diminished in the wake of the coronavirus pandemic, home builders would be wise to scale back on their advertising investments. But cutting across the board is reckless and could lead to long-term challenges. ...
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