Peter Tamura's Blog

I was in Japan in March of 2023, in considering the plight of Millenials(27-42) and Gen Z(11-26)in the US, I noticed these differences between Japan and the US.1. If you live in the US, in most places you need a car. The average new car payment in the USis $733 (Kelley Blue Book 2022) Add to that...

Of course people ask this all the time, the answer depends on whether you own a home that is a scarce commodity, or whether it is a luxury item. I define a scarce commodity in this case as a house that I can sell within two months in a slow market. In Tulsa, I think anything under $500,000 in the...

Ethan and Brittany recently bought a home in Tulsa, Oklahoma for $160,000. They are the youngest home buyers I've ever worked with, the previous was a tennis pro Olivia who was 23 and Alex, a nurse, she was also 23. Ethan is 22 and Brittany is 19!The average age of a first time home buyer in the ...

Think about this.Does it stand to reason that some companies within an industry are more successful than others? What about this, do you think some industries are more profitable than others? If you agree with either/both of these queries, why would you think simply buying an index of stocks is a...

Once, I had clients that bought a big home that needed fifteen internal piers and the tenants had convinced the courthouse to put the home in their name!! Instead of running in the other direction, my clients pursued the house because it was cheap. It took seven months to unravel the issue with t...

When people ask me these days how the market is, I tell them it depends which price range you are talking about. In the Tulsa and surrounding suburbs, the absorption rate shows that the dividing line is around $400,000. Sub $400,000, the absorption rate is five months or less, above the price, th...

Robert Kiyosaki is the author of Rich Dad Poor Dad which is the best selling personal finance book of all time. He likes to point out that a home is a liability rather than an asset. This has always been a bit of a headscratcher for me, I know that if you listen to him or read his books, he often...

Some people fight technology, they don't like it, they get stuck, complain and their anxiety level goes way up. Our company offered Dotloop to Realtors two years ago, there are still people in the company that don't know how to use it. Technology can be a tool, or it can enslave, it all depends o...

1. There is an ebb and flow to the course of a match. Tennis is unusual in that there is no clock, it ends when someone wins the last point. You can actually win fewer points than your opponent and win the match, this is known as the Simpson's Paradox. What this means is that you can hit a lot of...

Here's how it went down, I have actually changed the numbers slightly, I don't want to talk specifically about names, amounts, banks involved. I had actually read something about this and then I heard about a specific instance where it happened to a local agent.1) The agent emails the buyer the w...