• Richard Mize: Edmond is a suburb of Oklahoma City? Who knew?

    BY RICHARD MIZE, Real Estate Editor | Updated: Sun, Feb 15, 2015

    Moving my workplace south a few miles makes all the difference in the urban-suburban world of the Oklahoma City area.

  • Sliding oil prices will hit new Oklahoma City apartment market first if any, brokers say

    BY RICHARD MIZE, Real Estate Editor | Updated: Sun, Feb 15, 2015

    Lower oil prices not certain to hit apartment market, according to brokers for Commercial Realty Resources Co. and Price Edwards & Co.

  • Rail project's Tech Center aims to fit into surroundings

    Updated: Sun, Feb 15, 2015

    DETROIT (AP) — Officials with Detroit's light rail project-in-progress say its Tech Center incorporates ideas from community members and should be completed by the end of the year. M-1 Rail released renderings Sunday of the Penske Tech Center. That's the roughly 20,000-square-foot building where the streetcar's technology systems, vehicles and operations will be based. Officials say recommendations being used include putting the building closer to Woodward Avenue, and featuring a red-brick exterior that evokes the historical look of the neighborhood. It also will have decorative lighting and metal fencing around the storage area. The center is named for Detroit businessman Roger Penske, a major donor to the rail proje

  • The Listing of the Week: 6012 Morning Dove Lane, Edmond

    Published: Sat, Feb 14, 2015

    The 2,945-square-foot home at 6012 Morning Dove Lane has three bedrooms, three baths, two living areas, two dining areas and an attached two-car garage.

  • The Nation's Housing Column: Homeowner tax breaks appear safe, for now

    BY KENNETH R. HARNEY | Published: Sat, Feb 14, 2015

    Homeowner writeoffs become targets for cutbacks or elimination whenever tax code reforms get serious attention because of their costs in uncollected federal revenues. The mortgage interest deduction alone cost the treasury $113.4 billion in fiscal 2015, property tax writeoffs $27.8 billion, according to estimates by the congressional Joint Committee on Taxation.

  • Not in a nursing home, and that's all that matters for Oklahoma woman

    BY TIM FALL, For The Oklahoman | Published: Sat, Feb 14, 2015

    Kendra Orcutt, a registered occupational therapist from Norman, went to work identifying and addressing the specific needs of Tuttle resident Angie Traxler and her family. Orcutt helped Traxler’s family remodel its Tuttle home to accommodate her needs.

  • Improving Your Home: Remodeling plans that are adding up

    By Paul Bianchina | Published: Sat, Feb 14, 2015

    Expanding up can be a great way to maximize the usefulness of a small lot, provide additional privacy, or take advantage of a great view.

  • Columnist seeks help letting go of the tough stuff

    By Marni Jameson | Published: Sat, Feb 14, 2015

    Mark Brunetz, the co-author of “Take the U Out of Clutter” (Berkley Publishing), has taught me that our attachment to stuff isn’t about the stuff, it’s about the stories around the stuff.

  • Rodd Moesel: Flowers convey emotions, share fragrances

    By Rodd Moesel | Published: Sat, Feb 14, 2015

    It is amazing how much flowers can say without being able to say a word and then you can enhance the flowers with a personal card, chocolates, dinner and new memories to truly create your own festival or holiday of love.

  • Oklahoma City apartment market is sailing higher seas than ever

    RICHARD MIZE, Real Estate Editor | Updated: Fri, Feb 13, 2015

    Investor demand is raising rents and quality at all classes and vintages of multifamily property, according to brokers at Commercial Realty Resources Co. and Price Edwards & Co.

  • Oklahoma real estate notes for Feb. 14

    Published: Sat, Feb 14, 2015

    Oklahoma real estate notes for Feb. 14, 2015

  • The House Detective: Buyers afraid to cancel bad deal

    By Barry Stone, Certified Building Inspector | Published: Sat, Feb 14, 2015

    DEAR BARRY: While on leave from the military, we bought a home that was totally misrepresented. According to the listing, it was a 2,300-square-foot, four-bedroom, lake-view house. During the escrow, we read the tax documents and discovered that the home is actually 2,000 square feet with only three bedrooms. We also learned that the fourth bedroom is an unpermitted addition and the “lake” is a retention pond. When we tried to cancel the sale, the seller threatened to keep our deposit and take us to court. We consulted an attorney, but he said he couldn’t do anything in this case. So we closed escrow and now owe more than the current appraisal value of the property.

  • Oklahoma City building permits for Feb. 14

    Published: Sat, Feb 14, 2015

    Oklahoma City building permits for Feb. 14

  • Smart Moves: Taking the worry out of looking for a home

    by Ellen James Martin | Published: Sat, Feb 14, 2015

    To calm their fears and frame a realistic view, nervous young buyers should consult others in their age group who’ve already bought a home.

  • Price, credit, new households define housing, Oklahoma industry leaders told

    BY RICHARD MIZE, Real Estate Editor | Published: Thu, Feb 12, 2015

    More than 400 state Realtors, homebuilders, mortgage lenders and title specialists attended the first-ever OwnOK: The Future of Oklahoma Real Estate, a conference in Oklahoma City.

  • Average US rate on 30-year mortgage rises to 3.69 percent

    Updated: Thu, Feb 12, 2015

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week yet remained near historically low levels. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage jumped to 3.69 percent from 3.59 percent last week. The average rate is still at its lowest level since May 2013. The rate for the 15-year loan, a popular choice for people who are refinancing, increased to 2.99 percent from 2.92 percent last week. A year ago, the average 30-year mortgage stood at 4.28 percent and the 15-year mortgage at 3.33 percent. Mortgage rates have remained low even though the Federal Reserve in October ended its monthly bond purchases, which were meant to hold down long-term rates.

  • Norman City Council approves high density apartment complex despite protests

    By Jane Glenn Cannon, Staff Writer | Published: Wed, Feb 11, 2015

    The Norman City Council on Tuesday gave the go-ahead to Inland American Communities Group to tear down Bishop’s Landing apartment complex and replace it with a five-story, higher density complex on Brooks Street.

  • KB Homes says new home orders up 25 percent

    Updated: Wed, Feb 11, 2015

    NEW YORK (AP) — In a fresh sign of the recovering U.S. housing market, KB Home said Wednesday that its orders for new homes so far in its current quarter jumped 25 percent compared with the same period a year ago. The homebuilder said that it received 1,499 orders in the period running from Dec. 1 through Feb. 6, up from 1,201 a year earlier. In all, it said its orders were worth $519.2 million, up 26 percent from $413.7 million a year ago. The numbers are cause for optimism for the upcoming spring home selling season, KB Home CEO Jeffrey Mezger said in a statement. With mortgage rates low and the U.S. economy improving, the announcement may be a sign that home sales will rise in the coming months.

  • Generac Holdings beats Street 4Q forecasts

    Updated: Wed, Feb 11, 2015

    WAUKESHA, Wis. (AP) — Generac's fourth-quarter results topped analysts' estimates as revenue climbed on higher commercial and industrial product sales. The stock rose almost 8 percent in Wednesday premarket trading. The Waukesha, Wisconsin-based company earned $49.4 million, or 70 cents per share, for the period ended Dec. 31. Earnings, adjusted for pretax expenses and amortization costs, came to 98 cents per share. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. The generator maker posted revenue of $404 million, up from $376.2 million a year earlier. Analysts expected $360.7 million, according to Zacks.

  • Generac Holdings beats Street 4Q forecasts

    Updated: Wed, Feb 11, 2015

    WAUKESHA, Wis. (AP) — Generac's fourth-quarter results topped analysts' estimates as revenue climbed on higher commercial and industrial product sales. The stock rose 5 percent in Wednesday premarket trading. The Waukesha, Wisconsin-based company earned $49.4 million, or 70 cents per share, for the period ended Dec. 31. Earnings, adjusted for pretax expenses and amortization costs, came to 98 cents per share. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. The generator maker posted revenue of $404 million, up from $376.2 million a year earlier. Analysts expected $360.7 million, according to Zacks. Com




Advertisement