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Susie Genet

Tax Credit Ended but the Good Deals Didn't!

05-21-10
Susie Genet

Tax Credit Ended but the Good Deals Didn't!

If you missed out on the Homebuyers Tax Credit... all is not lost! The lower interest rates that are available now may make up for it! Information released from Freddie Mac for the week ending May 20, shows the 30 year fixed-rate mortgage averaged 4.84 % with a .7 discount point. This is down from the previous week's average of 4.93%. This is the lowest that the interest rate has been in 2010. Fifteen year mortgages are at 4.24 with .7 points.

If you are looking to buy or sell home in the Tulsa area, this is a great time to do it! Visit my website at www.tulsasrealestate.com.

Tulsa Real Estate: Oklahoma Highest in Home Equity!

05-17-10
Susie Genet

Tulsa Real Estate: OK Highest in Home Equity

Oklahoma homeowners have the lowest percentage of negative equity in their homes than any other state. Survey results from CoreLogic recently released in the Tulsa World show that only 5.9% of homeowners in OK have negative equity compared to a national average of 23.7%. New York, with 7%, is number two and Nevada at 69.9% is the state with the highest negative equity. In Tulsa, like most of Oklahoma, credit is given to the steadiness of the real estate market over the past decades with no big highs or lows.

Tulsa Real Estate: Homes Sales Rise in March!

04-27-10
Susie Genet

Tulsa Real Estate: Home Sales Rise in March!

The Tulsa real estate market improved for March 2010 with 4% more sales than in March 2009. The Greater Tulsa Association of Realtors, as reported in the Tulsa World, released information that shows 934 homes were sold in March, which was an increase of 58% from February. Improved weather, the home-buyer tax credits and low interest rates may have helped boost sales. The median sales price of $126,000 is down slightly from March of 2009 when the median price was $127,500.

Tulsa Real Estate: Housing Starts on the Rise!

04-22-10
Susie Genet

Tulsa Real Estate: Housing Starts on the Rise!

As reported in the Tulsa World Thursday, April 22, housing starts were up 40% from February 2010 and are up 70% from March of 2009! The increase in housing starts may be due to the tax credit being offered. The current tax credit is for buyers who are under contract before the end of April and it allows $8000 for first time home buyers and $6500 for homeowners who have been in their homes at least 5 years. For more information on Tulsa homes visit www.tulsasrealestate.com.

TULSA REAL ESTATE: SPRING CLEANING YOUR HOUSE TO SELL!

04-21-10
Susie Genet

TULSA REAL ESTATE: SPRING CLEANING YOUR HOUSE TO SELL!

Here are a five simple tips to ready your house for a spring sale!

•1. Declutter: You do not live in your house the way you sell your house. Your beloved personal items may need to be packed away for the move in order to keep your home as clutter free as possible. Less is better.

•2. Clean & Stretch carpets: A major turnoff for buyers is lumpy, unstretched or stained carpets. They will see it as money they will have to spend immediately.

•3. Wash walls and touch up paint: The cleaner the better! A fresh clean house is a plus!

•4. Keep windows and mirrors clean and be sure to open up curtains and blinds before showings

•5. Clean up flower beds and plant some spring flowers!

A clean fresh uncluttered house is what todays buyers are looking for!