Tulsa, OK

Many of us in Tulsa , Oklahoma have been worried about the slumping national economy and tightening credit. But from the looks of it, Tulsa is doing quite well in the commercial real estate market.

Over the past year, more than 575,000 square feet of office space has been absorbed by commercial renters. Another 2.25 million square feet of industrial space was also absorbed this past year. Unlike the residential real estate market, commercial properties have seen less than 1% of default properties.

Tulsa is located in the northeastern section of Oklahoma . It's surrounded by wooded terrain and rolling green hills, making it one of the most beautiful places to live. Tulsa sits along Interstate 44 & 244 for added convenience. The area also has a pleasant climate making it even more perfect.

Tulsa's current economy is primarily made up of telecommunications, energy, manufacturing, aerospace, and transportation. Tulsa is also surrounded by several other great communities that would be ideal areas to start a business and raise a family.

So, if you are looking to start a business, we think Tulsa , Oklahoma is the place to do it.

Tulsa, Oklahoma Real Estate

Tulsa's Schools

Tulsa, Oklahoma has a great motto: "It's a good thing you're in Tulsa ." Those living in Tulsa can see these words all over the city on billboards, buses and television. So, if you live in Tulsa , give yourself a pat on the back. If you're looking to buy a home in a great city with a good housing market, Tulsa is the place to be.

Tulsa's property values have been stable for some time now and have been slightly increasing during 2008. Although new home construction has slowed, existing home inventory has done great. So, because of this great housing market, many Realtor associations across the state of Oklahoma have adopted their own motto. If you're in Oklahoma City , Oklahoma , you will find "It's a good thing to be in Oklahoma City " advertised everywhere.

While the national housing market has been gloomy lately, the Tulsa housing market has almost been unaffected by the fall. Since Tulsa is situated in the central part of the country, it just hasn't experienced the huge increase of home values like Nevada , California , Florida and others did. So, in turn, the housing market has been able to remain stable.

Tulsa's economy has also held strong while other cities around the country are seeing a drop in their economy. Gas and oil have continued to help boost Tulsa 's economy and maintain job growth.

Recent statistics about Tulsa 's housing market show that home sales are slightly down, but the average home price is up 8.4% over the last four years.

To show how positive most people feel about the strong economy in Tulsa , the United Way is kicking off their annual fundraiser with a goal of over $23 million. That's a huge goal, but it can be met in Tulsa . In the Veros Real Estate Solutions latest report, it listed Tulsa as having the 5^th strongest market in the Nation.

"It's a good thing you're in Tulsa," with such great news about the home-selling and home-buying market, why go anywhere else?

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HIDDEN DAMAGE

The other day I went out to inspect a Condo that I manage. The Condo received water damage as a result of heavy rains and high winds. The flat roof buildings had water backed up due to drains clogged by leaves and acorns. In addition, the wind blew from directions that they normally would not, and water always finds a path of least resistance.

High winds associated with storms such as blizzards, tropical storms, hurricanes and tornadoes damage homes and businesses in all parts of the country all year long. Most damage may seem obvious like a collasped wall or roof. However much of the time there remains hidden damage that stays that way for a long period of time. The longer it remains unrepaired chances are greater for decay and increased repair costs. When inspecting your home or business for hidden damage, check every nook and cranny.

Cracked Walls

Look for cracks in areas that weren't there previously. Multiple cracks as small as a quarter inch are signs that the building has settled and the walls may have shifted. Pay special attention around doors and windows.

Foundation

Visible cracks in the foundation are a sigh of beginning structural damage. Check for levelness of floors. Homes built on a slab where floors are tilting and walls cracking as a result of the shifting and settling may require piering.

Inspect walls and ceilings for yellow/brown stains that signify water damage and or roof damage. Damaged gutters can cause harm to the interior of your home as well. Don't forget to check unused areas, such as storage rooms, closets, crawl spaces etc. Don't skip an area just because your not using that part of the house. Remember heading off trouble before it happens saves aggravation, time and money.

Bowman Acres IV and Magnolia Terrace neighbors affected by the rezoning of a triangle of land located to the south of 31st Street just west of Interstate 44 in Tulsa, Oklahoma met with the proposed developers of the land last night to express their concerns and to discuss the land use and rezoning issues involved in the placement of a storage unit facility on the property.

The discussion was both cordial and productive. The meeting began at 6 pm with a sign-in and introductions.

The owners of the Storage Station, Gary Harkreader and Kevin Coutant, began by showing us the pictures of their other in-fill projects in Midtown at 2915 E. 5 1st, in Brookside at 4530 S. Peoria, and at 4411 S. Sheridan (across from the Sam's Club).

They then showed us the zoning map of the area and their proposal for the development of the land. The project is to be developed in phases with storage units to be built on either side of the big flood control drainage ditch with a bridge between the two parcels. The entrance to the facility will be located at a point just west of the current on-ramp to westbound I-44 and the Broken Arrow Expressway.

The homeowners were pleased to the receptivity of the developers to our concerns and questions. It appears that the storage facility will be implemented in a tasteful and relatively unobtrusive way in order to fit into the neighborhood in a way that will not appear to be an eyesore.

The developers invited us to participate in the landscape planning of the border between their project and 31st Street.

Anyone interested in hearing more about the project prior to it's consideration by the Tulsa Metropolitan Area Planning Commission (TMAPC) can call Chris at INCOG at 918-584-7526 or visit him at INCOG on the 6th Floor, Suite 600, 201 West 5th Street, Tulsa, OK 74103. When calling, please refer to Case number Z-7118/PUD-767.

A public hearing will be held before the Tulsa Meropolitan Area Planning Commission (TMAPC) in the Tulsa City council Chambers, One Technology Center, 175 East 2nd Street, Second Level, Tulsa, OK at 1:30 pm on Wednesday, November 19, 2008 to consider the proposed amendment to the zoning and for the proposed Planned Unite Development.

Gary Harkreader can be reached by calling him at his office at 918-745-9702. Kevin Coutant can be reached by calling him at his office at 918-591-5221.

http://TulsaRealEstateWeb.com

http://NortheastOklahomaRealEstate.com

http://BixbyOklahomaRealEstate.com

http://dsolano.homesandland.com

While many jobs around the country are disappearing rapidly, there will be one business in the Tulsa , Oklahoma area that will be going against this trend by opening space for over 400 new jobs.

Throughout the next six months, the Cherokee Nation will be expanding and adding these jobs at its casino. Once the expansion is complete, the casino will be four times its current size. This will mean more jobs for gaming, jobs for marketing, jobs for finance, jobs for administration and jobs for engineering.

Residents in the area are saying no matter what your skills or work history is, you can find a position at Cherokee since they are hiring across the board.

This is a great opportunity for Tulsa area residents and those looking to buy a home in Tulsa real estate. Jobs will need to be filled over the next six months, so, get in early so the opportunity won't pass you by.

Tulsa, Oklahoma real estate for sale

Cherokee Casino - http://www.cherokeecasino.com/

Search and apply for jobs - https://employment.cherokeecasino.com/psp/HRPRDexta/EMPLOYEE/HRMS/c/ROLE_APPLICANT.ER_APPLICANT_HOME.GBL?NAVSTACK=Clear

Other jobs in Tulsa - http://www.jobsintulsa.com/

Tom & Bev Herring
Bev, GRI, CRS
Tom, Broker Associate, ePro
Coldwell Bank Select
8990 S. Sheridan
Tulsa, OK 74133

Business: (918) 712-4405 Fax: (918) 712-4333
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E-Mail: TomAndBev@TomAndBev.com