• US existing home sales rise in September

    Updated: 1 hr ago

    WASHINGTON (AP) — U.S. homes sold in September at their fastest clip this year, a sign that the housing market is shaking off a slowdown that began in the middle of 2013. The National Association of Realtors said Tuesday that sales of existing homes rose 2.4 percent from the previous month to a seasonally adjusted annual rate of 5.17 million. Still, the sales rate has dropped 1.7 percent over the past 12 months. Investors have retreated from the market over the past year. Their departures are being offset by existing homeowners who are upgrading to more expensive properties or downsizing after having raised their children. First-time buyers comprised just 29 percent of sales, well below their historic average of roughly 40

  • Oklahoma City Flatiron building facelift continues

    By Steve Lackmeyer, Business Writer | Updated: Sat, Oct 18, 2014

    The building was boarded up for 27 years and previously controlled by the Oklahoma City Urban Renewal Authority before Chuck Ainsworth was designated to redevelop it into the headquarters for Physicians Liability Insurance Co.

  • Oklahoma City featured in recent 'House Hunters' episode

    BY TIM FALL, For The Oklahoman | Published: Sat, Oct 18, 2014

    Oklahoma City mortgage loan officer Dominic Dangora’s options — an Edmond fixer-upper, a Quail Creek family home and a downtown Oklahoma City loft — were given full coverage by the show’s crew, as was Edmond’s Cafe Evoke, Michael Murphy’s Dueling Piano Bar in Bricktown and other local hot spots.

  • Five kitchens to be featured Sunday on Nichols Hills tour

    BY TIM FALL, For The Oklahoman | Published: Sat, Oct 18, 2014

    The 23rd annual tour, presented by the Oklahoma County Medical Society Alliance, will showcase five kitchens from 11 a.m. to 5 p.m. It will include a Starbucks coffee bar, raffles and cooking demonstrations.

  • Real estate transactions for Oct. 18, 2014

    Published: Sat, Oct 18, 2014

    Real estate transactions for Oct. 18, 2014

  • The Listing of the Week: 1420 NW 187, Oklahoma City

    Published: Sat, Oct 18, 2014

    The 5,644-square-foot home at 1420 NW 187 has six bedrooms, 4 1/2 baths, four living rooms, two dining areas, a storm shelter and an attached four-car garage.

  • Oklahoma City housing permits for Oct. 18

    Published: Sat, Oct 18, 2014

    Oklahoma City Oklahoma City Water Utilities Trust, 13700 S Douglas Blvd., public building, erect, $37,500,000. City of Oklahoma City, 2801 NE 50, amusement, add-on, $1,987,762. LG Construction, 431 SW 11, office, erect, $1,800,000. Thompson Thrift Development Inc., 2600 Watermark Blvd., apartment, erect, $1,407,721. Thompson Thrift Development Inc., 2600 Watermark Blvd., amusement, erect, $1,407,721. Thompson Thrift Development Inc., 2600 Watermark Blvd., apartment, erect, $1,407,721. Watermark Residential, 2600 Watermark Blvd., apartment, erect, $1,407,721. Watermark Residential, 2600 Watermark Blvd., apartment, erect, $1,407,721. Watermark Residential, 2600 Watermark Blvd.,

  • Apartments pushed up US homebuilding in September

    Updated: Fri, Oct 17, 2014

    WASHINGTON (AP) — Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding. Housing starts rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million homes, the Commerce Department said Friday. Almost all of the gains came from apartment construction — a volatile category — which increased 18.5 percent after plunging in August. The sluggish recovery and meager wage growth has left more Americans renting instead of owning homes. Apartment construction has surged 30.3 percent over the past 12 months. Starts for single-family houses rose just 1.1 percent in September, contributing to an 11 percent gain during the past 12 months.

  • Von Maur prepares for first holiday shopping season in Oklahoma

    By Brianna Bailey, Business Writer | Updated: Thu, Oct 16, 2014

    The 140-year-old company’s $12 million Oklahoma City store will open Saturday at Quail Springs Mall.

  • Renovation of an Oklahoma City downtown retail hub will strip away 'improvements'

    By Steve Lackmeyer, Business Writer | Updated: Wed, Oct 15, 2014

    Main Street Arcade, a block-long, two-story building at 629 W Main, opened in 1923 and is also approved for a listing on the National Register of Historic Places.

  • New nine-story boutique hotel planned for Bricktown

    By Steve Lackmeyer, Business Writer | Updated: Wed, Oct 15, 2014

    A parking lot in the heart of Bricktown will be home to a new boutique hotel unveiled Wednesday to 1,900 hoteliers and developers at a conference hosted by Hilton Worldwide. Tulsa hotelier Andy Patel bought the southeast corner of Oklahoma and Sheridan Avenues this week, paying $2 million to Bricktown Central LLC. Andy Burnett and Zach Martin, with Newmark Grubb brokered the sale. Patel, CEO of Anish Hotels, is set to build one of the country’s first Canopy by Hilton hotels, a new concept unveiled Wednesday by the company’s CEO.

  • Kaiser's set to return in historic building with new operators in Midtown Oklahoma City

    By Steve Lackmeyer, Business Writer | Updated: Wed, Oct 15, 2014

    Fears that the building was damaged by nearby construction at St. Anthony Hospital were unfounded.

  • Oklahoma City redevelopment set to honor legacy of late Bricktown “mayor” Jim Brewer

    By Steve Lackmeyer, Business Writer | Updated: Tue, Oct 14, 2014

    The late Jim Brewer’s name will soon be added onto the warehouse where his family’s involvement in Bricktown started 30 years ago.

  • California home sales rise in September

    Updated: Tue, Oct 14, 2014

    SAN DIEGO (AP) — California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers. The median sales price for new and existing houses and condominiums was $389,000 last month, down 1 percent from $393,000 in August but up 9.6 percent from $355,000 the same period a year earlier, CoreLogic DataQuick said. It was the 31st straight month of annual increases but only the third straight month that percentage gains were not double-digit. There were 36,316 homes sold in the state, up 0.8 percent from 36,027 sales a year earlier. It was the first annual sales increase since September 2013 and the strongest September in five years.

  • Pending developments could restore the luster to Bricktown

    By Steve Lackmeyer, Bricktown Writer | Updated: Mon, Oct 13, 2014

    Concert hall, housing, office and mixed-use developments will put a new face on the state’s premier urban entertainment district

  • Indoor concert venue coming to east Bricktown

    By Steve Lackmeyer, Business Writer | Updated: Sat, Oct 11, 2014

    Matt Maley, an oil and gas and real estate investor from Littleton, Colo., confirmed Friday he has struck a deal with Ronnye Farmer and Philip Randolph to build the two-story venue at the southwest corner of Sheridan and Charlie Christian Avenues.

  • Oklahoma appeals court reverses $19.4M jury award to Lincoln Plaza hotel developer

    By Brianna Bailey, Business Writer | Updated: Sat, Oct 11, 2014

    Developer sued Lloyd’s of London over payout after a hailstorm hit Oklahoma City.

  • Oklahoma real estate briefs, Oct. 10

    Published: Sat, Oct 11, 2014

    Oklahoma real estate briefs, Oct. 10, 2014

  • Oklahoma County land sales, Oct. 10

    Published: Sat, Oct 11, 2014

    Oklahoma County land sales, Oct. 10, 2014

  • McGregor Homes on fast track

    BY TIM FALL, For The Oklahoman | Updated: Thu, Oct 9, 2014

    Inc. Magazine places McGregor Homes in top 600 of fastest-growing U.S. private companies. Scott McGregor said he will finish close to 30 homes in 2014.