Peter Tamura's Blog

 Well, the low end market seems to be getting a lot of help these days.  With first time homebuyers (and buyers who have not owned a home in three years) getting the $7,500 tax credit, this should significantly stabilize prices in the first time homebuyer price range.  In areas like Tulsa, Broken...

I was at my listing client's home the other day and she asked if we had posted her home in the MLS. I told her of course, (it had been in there for five days) and we walked over to her computer to find out why she couldn't find her home. She typed in MLS.com, then searched area and price range so...

I sold a house to a nice couple last March, since then their daughter had expensive surgery, they got divorced, he was making the house payments on his own but has fallen behind (around three payments) and wants to talk about doing a short sale.  It's unfortunate how quickly things can unravel so...

I went to a local TV store here in Tulsa recently and bought a new TV....and receiver....and speakers.  It's amazing how expensive this stuff is.  I was thinking about the cost of the TV but the peripherals make the cost almost double. As the salesperson was ringing me up, I told him that my pare...

We'd looked at about twenty four houses, and wrote an offer on one.  It was the nicest house in a medium house neighborhood, I had some concern about regression (from real estate class, when the biggest homes in a neighborhoods values tend to regress to the mean) and we didn't quite bid high enou...

I recently came back from a CRS negotiating class.  I think it's great that negotiating classes are being taught to Realtors.  I did think that a lot of the material was conceptual, here are some things I've learned over the years, that I will share as long as you don't use them when negotiating ...

For all the buyers' agents purchasing homes, it may be prudent to add a roof inspection to the slate of inspections for your buyers as a safeguard due to the recent hailstorm.In addition, if the home is in contract, and the roof in question does need repair, the seller probably needs to contact t...

What monumental event could singlehandedly rivet the nation's attention on Tulsa, OK?The icestorm? No, that's historyThe lowest gas prices in the nation? Yes, that usually makes national news but that's not what I'm talking about here.YES, you guessed it, it's the beautiful BOK Center designed by...

I went to Memorial High School in '85, left and went to and lived in various places like Arizona (went to ASU), California (Fremont) and Tokyo.  When I came back to Tulsa last October after about twenty two years, I found a lot of interesting things to do outside of work.I have always believed in...

This blog discusses optimal leverage as it pertains to your investmentsI was wandering around for a couple of days in a listless funk after hearing that Bear Stearns stock was trading at $2/ share and a titan of Wall Street had gone down.  I wasn't happy at all that these overpaid financiers had ...