Posted at 09:22 PM in Favorite Neigborhoods, Homes for Sale, Mustang, Westbury | Permalink | Comments (1)
Posted at 09:59 AM in Favorite Neigborhoods, Homes for Sale, Mustang, Timber Creek Estates, Yukon | Permalink | Comments (0)
Posted at 10:55 AM in Favorite Neigborhoods, Homes for Sale, Rosewood, Yukon | Permalink | Comments (0)
Posted at 05:07 AM in Bricktown, Current Affairs, Favorite Neigborhoods, Oklahoma City, Shopping | Permalink | Comments (0)
Oklahoma City is doing well! We’ve heard it again and again…”Oklahoma City is Recession Proof”. Well the proof is in the numbers, while we have had lower numbers in 2009 compared to 2008 it’s to be expected. This year so far in numbers has proven to be nonetheless consistent where Real Estate is concerned. I’ve been getting a lot of questions from naysayers on what will happen when the tax credit goes away. I think most of us agree we hope it is extended because it has been an excellent program and has helped many people purchase a home when they wouldn’t have done so under normal circumstances. The National Association of Realtors (NAR) is working very diligently with their lobbying efforts to not only extend the tax credit but to even possibly open the credit up to anyone who purchases a home.
The National Association of Realtors® is calling upon its 1.2 million members to urge Congress to extend the successful homebuyer tax credit into next year.
Since its inception earlier this year, the $8,000 first-time homebuyer tax credit has brought 1.2 million new buyers into the market—350,000 of whom would not have purchased a home without the credit, according to NAR. The credit is due to expire November 30.
“Now is the time for Congress to keep this recovery going by extending the tax credit through 2010 and making it available to more homebuyers. We have all seen how the credit has been a spur to bring homebuyers into the market, and have seen the beginnings of a real recovery in the housing market. Housing has always led this nation out of economic downturns, and can do so again,” said NAR President Charles McMillan, a broker with Coldwell Banker Residential Brokerage in Dallas-Fort Worth.
Realtors®, the leading advocates for homeownership and housing issues, will be writing to their Senators and Representatives to tell them of the successes with the tax credit thus far and to press them to extend and expand it now.
McMillan added that the market has improved, but it has not yet fully corrected itself. “The credit needs to be available for an additional period of time in order to sustain the progress that’s been made so we can continue to see our markets fully recover. Uncertainty about the future of the credit will dampen consumer demand. The only way we can assure that the progress we've made can continue is to extend the credit and to do that now,” he said.
As the current deadline for the credit looms, potential homebuyers need to complete a contract, satisfy any contingencies, secure financing and go to closing by November 30. In today’s market, NAR estimates that it generally is taking between 45 and 60 days from contract to closing. My personal averages are 30-45 days from contract to closing.
“That means potential homebuyers who qualify must act now, and so must Congress,” McMillan said.
Only 64 Days until the $8,000 Tax Credit ends, one of the highest incentives to purchase a home our country has ever seen…
Posted at 05:08 AM in Current Affairs, Favorite Neigborhoods, Market Statistics, Oklahoma City | Permalink | Comments (0)
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10101 Glascow Drive, Yukon, OK 73099
>> map it
$139,000
bed/full bath/half bath: 3/2/0
sq. ft.: 1730
PROPERTY DETAILS:
Property Type: Single Family Cross Street: SW 15th & Morgan Road Area Name: 403 Subdivision: Westbury North
Style: Dallas Year Built: 1995 Stories: 2 Square Feet: 1730
Bedrooms: 3 Bathrooms: 2 Living Room: 2 Garage: 2
Utilities Available:
ONG & OGE
FEATURES & AMENITIES:
Fireplace: Yes – 1 with Gas Start
Additional Features:
Vaulted Ceilings, ceiling fans throughout, new carpet, new tile, mother in law plan, whirlpool tub
Exterior Features:
Open patio, huge front yard, guttering, large porch, brick mailbox
Recreational Room:
Loft overlooking downstairs living room, wonderful for entertaining
Dining Room:
Tiled Dining room in Kitchen with large window overlooking front garden
SCHOOL INFORMATION:
Elementary School: Mustang Creek High School: Mustang High Middle School: Mustang North
FINANCIAL INFORMATION:
Listing Price: $139,000 Annual Taxes:$1,474
Posted at 05:15 PM in Favorite Neigborhoods, Just Sold, Westbury, Yukon | Permalink | Comments (0)
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12101 SW 3rd Street
Yukon, OK 73099
Gorgeous Executive 3 Bedroom 2.5 Bath on large lot in Mustang Schools
Fantastic corner lot in Weston. Open floorplan with great flow for entertaining, high ceilings, beautiful woodwork & moldings, library paneled study plus new carpet & beautiful decor!! Property Highlights
Property Description
Wonderful home with a lot of space. This is the perfect home for a household who loves to entertain, play and relax. Quiet corner lot with side entry garage. This two car garage has extra space with a built in tool bench and room for the fridge. You'll love the spacious laundry room with it's own 1/2 bath, walk-in pantry and a 6x5 room dedicated to storage with backyard access. Along with 2 large dining areas this home also boasts a wet bar in the large 22x20 Living Room. The beautifully encassed romantic hearth is extremely convenient with easy start gas logs. There are a lot of extra's with this stately home, call for your private tour today! For Sale
$196,000 MLS#: 385588 Bedrooms:
3
Bathrooms (Full):
2
Bathrooms (Half):
1
Square feet:
2691
Lot Size:
.5
Year Built:
1986
School District:
Mustang
Formal Dining:
12x12
Ceiling fan, high ceilings
Living:
22x20
Wet Bar with sink & fridge, storage, ceiling fan, gas fireplace
Study:
11x11
Built-Ins, Ceiling Fan, Library Paneling
Master Bedroom:
16x17
Ceiling fan, French doors to patio, tray ceiling, walk in closet
Roomy shower, Jacuzzi tub, double vanity, loads of storage, separate makeup vanity, skylight
Bedroom 2:
11x10
Bedroom 3:
12x10
Kitchen:
Extra Large with center Island
Breakfast bar, pantry, trash compactor, oven, range, microwave, plant window
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Posted at 05:32 AM in Favorite Neigborhoods, Just Sold, Yukon | Permalink | Comments (0)
Sold in 5 DAYS!
1317 Continental Way, Mustang
This a BEAUTIFUL home, perfectly maintained and loved with modern updates and lush landscaping.
Priced to Sale at $216,000 ~ Only $84.97sq ft. ~ 2542 square feet
Posted at 10:36 PM in Favorite Neigborhoods, Just Sold, Mustang | Permalink | Comments (0)
(December 16, 2008) - City Council approved a plan today to create a new tax increment financing (TIF) district to fund approximately $175 million in public improvements and economic development efforts in downtown Oklahoma City. The new TIF district was spurred by Devon Energy’s planned development of a new world headquarters building in downtown Oklahoma City.
The Devon development was contingent on two conditions: the City improving the infrastructure such as utilities, streetscapes and enhancements of Myriad Gardens; and committing to economic development policies and incentives to attract other quality investments, businesses and employers in the surrounding area.
Ad valorem and construction sales tax revenues generated by the Devon development will fund approximately $115 million in public improvements, which will occur in an area that includes NW 13 to SE 27 and Western to Eastern/Martin Luther King Jr. Ave and approximately $40 million for economic development efforts to be invested in the area adjacent to the Devon building.
In addition, the new TIF will fund $20 million in projects for other public entities such as the Oklahoma City Public Schools, Oklahoma County, Metro Tech, City-County Health and the Metropolitan Library System.
It is estimated that Devon will pay at least $11 million per year in ad valorem tax and $20 million in city sales tax during construction. The building will be completed in 2012 and the first TIF revenues are expected to be received in 2014.
The proposed development on a site located east of Hudson and north of Sheridan Ave. alone is estimated to stimulate $750 million in direct new investment in Oklahoma City’s downtown area and will generate an annual economic impact of over $900 million increasing to $1.9 billion.
The Downtown/MAPS Tax Increment District Review Committee that includes representatives from each taxing jurisdictions in TIF districts 2 and 8 as well as representatives of the public reviewed and recommended approval of the plan.
Posted at 05:28 PM in Bricktown, Cool Things, Favorite Neigborhoods, News, Oklahoma City | Permalink | Comments (0)
This oversized 5 bedroom home is a dream come true. It is located in a peaceful neighborhood and part of the Mustang School District. Within 1 mile of I-40 and Turner Turnpike it is close to shopping, dining & only 10 minutes west of Oklahoma City. It is Absolutely Amazing with optional 6th Bedroom/Study and professional constructed sunroom that is not included in the square footage. The storage space, closets, custom woodwork & built-ins, double ovens, window seat in the breakfast nook truly make this a one of kind custom home. It has fresh paint, new carpet throughout along with stained concrete floors, brand new roof, new light fixtures, newer hot water tank and 2 heat and air units both recently replaced.
Visit www.208sagebrushroad.com for more photos and information.
Posted at 09:29 PM in Favorite Neigborhoods, Homes for Sale, Just Sold, Mustang, Yukon | Permalink | Comments (0)

