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Oklahoma City, OK Real Estate News

By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Whitehall Oklahoma City Homes for Sale Market UpdateHere's a brief update on real estate activity in the Whitehall Addition in Oklahoma City  Homes for Sale in Whitehall Oklahoma City, Oklahoma  5609 NW 107th Street - $199,700 Property Description - You will love the curb appeal plus the open, spacious layout of this gorgeous cul-de-sac home in whitehall! Remarkably light and bright, the living area is full of windows and a soaring vaulted ceiling. The expansive living room is open to the kitchen and features a beautiful stone fireplace. The kitchen is a chef’s dream with gorgeous painted cabinetry, built-in appliances, and ornate wood vent hood. The large adjacent dining room is full of windows and is perfect for gathering friends and family. The secluded master suite offers a large wa...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
What confounds me the most about REALTORS® is why they do not own investment property. Warren Buffett famously said, "Invest in what your know", and what we should no best is real estate. In fact I have a new one hour class I am teaching in Oklahoma on an introduction to real estate investing. In the class I will give basic information, definition of terms, and resources that can further ones understanding. Even though I have enough positive cash flow to pay all my bills and live very comfortably I am still buying more and have my goals set on two more condos in Florida and two single family homes in Oklahoma City. Let me point out a few simple highlights to investing in real estate:A good buy is not always a good investment: Just getting something undervalue is not the whole picture. E...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
I had a good two days at MD Anderson last Thursday and Friday. We arrived from Oklahoma City on time and besides a tasty lunch at one of our favorites, Hungry's, we went on the the Rotary House which is the hotel connected to the hospital. Since this was Spring Break the hospital was not as full as usual but also a little shorthanded for them. I was able to get my X-Rays on time since that is where my cancer would come back. After over 20 CT and PET scans, X-Rays are a piece of cake. Then the lovely thing about the hotel is that they have their own blood work area so you don't have to do it at the clinic. The good news for both is that my X-Ray was clear and my blood work showed that my thyroid which caught the radiation in the head and neck was normal so no drugs needed. Hey, I am not ...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Val Verde Oklahoma City Real Estate Market UpdateHere's a brief update on this week's current Val Verde Oklahoma City Homes for Sale and Sold activity.  12901 Fox Forest Circle - $449,000 Property Description - If you have a large family or like to entertain, then this home is for you. Enjoy an extra large living room with hardwood floors and an updated kitchen with plenty of storage and counter space. The spacious master bedroom in this home features a sitting area that shares a 2 sided fireplace, closets, and more closets, and a bath fit for a queen. The secondary bedrooms are large enough to accommodate today's bulky furniture and 2 of the 3 bedrooms has its own bathroom attached. The office/second living area sits off the living room and has access to the wet bar and a door to the b...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
I am not a professional stager, I leave that up to the pros like Kathy Strieb, but I have learned a thing or two in 27 years of real estate and even before which is the point of this post. Japan with Italy are my favorite countries on earth, so far, and since my wife has never been to japan that is on the books for next year. I was there in 1984 and spent two weeks in Toyko, Gifu, Nara, Fuskisma, and that grandest of cities, Kyoto. I had been introduced to Japanese contemporary art by a friend in Seattle who also introduced to a Japanese architect who was world class and I learned a lot also about contemporary Japanese homes still based on the tea ceremony. While I was in Japan I visited galleries in Tokyo and Kyoto and brought back about 50 pieces including the artist Toko Shinoda who ...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Latest Price Reductions in NW OKC Real EstateValerie McEvoy RE/MAX  NW Oklahoma City Price Reduction Report - Valerie McEvoy RE/MAX   NW OKC Real Estate Price Reductions Here are the latest price reductions in homes for sale in the popular NW OKC real estate market. Looking for a great deal and you want to live close to Lake Hefner and the fun of Memorial Road dining and shopping? Quail Creek, Val Verde, and The Village appeal to you? Here is the top list of real estate price drops in this area. 1418 Casady LN, Oklahoma City, OK 73120 By far the best in the Village! Welcome to your new home. Hardwood floors, new tile in kitchen, fresh paint, and a wonderful back porch. The third bedroom is a nicely converted garage with a large walk in closet and stained concrete flooring. Enjoy a utili...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
branding often gets associated with visuals like the Golden Arches but we only remember them because something is behind them that is memorable. I don't frequent McDonald's but I know a Big Mac in Terre Haute will be the same as it is in Oklahoma City so for those who travel that can be comforting and the sign makes you drive right in. What I want to do is talk about my three brands I have loyalty to and the last one may surprise some of you.Apple: Might as well start with my favorite of all. When my wife and I switched to Apple of course we loved the sleek and beautiful designs but there was something we liked even more and was paying more for. We looked at the thousands of dollars we spent on PCs getting viruses removed, rebooting programs that went crazy, and many that did not work. ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
This morning I read a post by Lisa Von Domek from Dallas, and it was a Sunday post where she counted her blessings, and it made me think of what happened to me yesterday. I had been on my feet all day Saturday talking and speaking to 250 investors in a meeting in San Fransisco. Even my property manager who is in her 30's was exhausted and that meant I was pretty tired also, so I looked forward to the nonstop light back in Oklahoma City at 10:50 in the morning. My builder who was also with me always go to the AMEX Centurion Lounge at the United wing for breakfast and so we sat and ate and had a recap conversation about the day before, and then we headed to our gate. Before I plane would depart there was a plane at the gate going to Burbank that had a gauge problem that had to be fixed an...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Glenhurst Real Estate and Homes for Sale Report   Glenhurst Homes and Real Estate in NW Oklahoma City Welcome to Glenhurst, a beautiful community in the amazing city of Oklahoma City! You'll love the spacious, inviting homes in this dynamic community, which is conveniently located to Entertainment, Dining, Schools, Parks, Playgrounds, Pools, and the fabulous Shopping and Entertainment of the Memorial Road OKC District. Take a look at these fine Glenhurst Oklahoma City homes that are currently listed For Sale and if you would like any assistance please call Valerie McEvoy with RE/MAX Preferred Properties at 405-414-5022 and we will be happy to assist you. Glenhurst Homes and Real Estate for Sale in Oklahoma City Real Estate and Homes for Sale in NW OKC is HOT! Check out the listings in ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
I thought that last year would be the end of being in leadership positions and it was. After being gone 60 days for NAR and doing this for years it was time for a rest. However, politics has a way of getting in your blood and after 26 years you do care about the state of the industry so I am not done yet. I just got back from the state capitol and I am proud to say that we had over 500 REALTORS® lobbying not only for homeowners rights but also some degree of sanity from our legislature which is asking a lot.You see, we have been dealing with budget short falls much like Kansas. We do corporate giveaways  especially to oil and gas companies even when they make billions like right now. We have no problem reducing income tax and then when we can't fund public education properly the idea is...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Looking to buy a home in The Greens in NW OKC?How Much Will It Cost To Buy a Home in The Greens Neighborhood in Oklahoma City? Currently there at 13 homes listed for sale in The Greens in Oklahoma City. This popular NW OKC neighborhood is nicely located close to Lake Hefner and the Memorial Road dining and entertainment corridor. "Love The Greens! Golf, Tennis and Superb Country Club Dining!"The Greens is home to a excellent country club with OKC top notch golf and tennis. It's a community that has a nice selection of homes in a varied price point and they are of good quality. The Greens has houses that appeal to many who like that NW OKC location and ease of access to the Lake Hefner Parkway. Easy access to all of the Edmond and OKC Metro!.Least Expensive Home for Sale in The Greens ri...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Homes for Sale in Val Verde Oklahoma CityHere's the Val Verde Homes for Sale Update report on homes that are active and for sale and homes that have gone under contract and pending in Val Verde in NW OKC. Popular neighborhood in NW Oklahoma City and located close to Lake Hefner...Here are the latest market real estate updates on the neighborhood of Val Verde OKC!FOR SALE IN VAL VERDE: 5001 Barnsteeple CT, Oklahoma City, OK 73142 - SUCH A BEAUTIFUL HOME IN VAL VERDE! UPDATED KITCHEN WITH GRANITE COUNTERS, TILE FLOORS, OPEN FORMAL LIVING WITH SEE THRU FIREPLACE LOOKING INTO SECOND LIVING AREA, LARGE FORMAL DINING, UPDATED HEAT/AC, PATIO EXTENSION, ATTIC UPGRADES, AND SO MUCH MORE! THIS HOME IS MOVE IN READY! 12812 Val Verde DR, Oklahoma City, OK 73142 - SUCH A STUNNING HOME IN VAL VERDE! ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
My wife and I are not car fanatics, nor do we like debt so we buy cars that will last 10 year cycles. My Lexus had 186,000 miles and her Honda had 104,000 miles. We went to a Lexus dealership and bought two new vehicles at the end of December so now we had two paid for cars we didn't wanted to trade in. Both of us had always traded in before but we also have come together on maximum value for everything. I had a REALTOR® friend who wanted my car so I sold to him above the trade in bit at a good deal, he is a friend after all had done a lot for us. Now we were faced as to what to do with the Honda. So we decided to do the dreaded for sale by owner and there is nothing like being on that side of a transaction to help you understand what homeowners who sell themselves must face.So first I ...
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By Valerie McEvoy, Oklahoma Real Estate and Homes
(Preferred Referrals LLC)
Homes for Sale in Quail Creek OKC!   Quail Creek Homes for Sale and Price Reduced Report   Quail Creek Oklahoma City Homes for Sale Report Top picks in Quail Creek Oklahoma City Real Estate Here are the top notch properties for sale in Quail Creek OKC: 11120 Stratford Drive #415, Oklahoma City, OK - Delightful Deal in Quail Creek 2907 Acropolis Street, Oklahoma City, OK - Condo Deal of the Week! 3124 Rosewood Lane, Oklahoma City, OK - Exceptional Single Family Quail Creek Home 3029 Pine Ridge Road, Oklahoma City, OK - Four Beds and Priced to Sell! 3448 Hemlock Lane, Oklahoma City, OK - Rare Value in Quail Creek Real Estate My Top Pick? 3448 Hemlock! One level masterpiece with open living and dining areas. Tall baseboards and crown molding lend itself to a more transitional style. Split ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
I truly am a man who thought I had everything. At Christmas I don't need clothes, I don't need electronics, and I usually just ask for Apple gift cards. This Christmas I had accumulated to many that it was time to redeem part of them for something. I have a MBP, and a newer iPad, and an Iphone, and an Ipod, and the Apple TV, so what now? A watch. Since they came out with version 2 it was time to buy something I haven't worn in the last decade. WTH I said to myself and why not? So I did, I went into the Oklahoma City Apple store, and lo and behold they had one I wanted with the sport band and I bought a dressier band. After all, my gift cards weren't getting any younger.So to my surprise they baby really functions. I am not missing any calls because it vibrates my wrist and I typically h...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
So my wife and I decided at the end of 2016 we needed new cars. We are not big car people and we don't like debt so this is an every ten year event. My old Lexus i sold to a friend of mine who is a REALTOR®, but my wife's car we decided to sell ourselves instead of a trade in because of the demand locally of Honda CRVs. This has been a great reminder of why using a professional REALTOR® to sell your home is driven home by my first day experience.First, I woke up to a dozen text messages of, is your car still available? Then the scams started coming in. No they weren't from Nigeria, but within a hour I had two list price offers sight unseen but I would have to give them all sorts of information because they were too busty to come to the state to buy and just had no time to get a cashiers...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
I read a statistic that only 8% of all New Year's resolutions are kept, so whether it is to lose weight, stop drinking, be more organized, be kinder to animals, or whatever it just doesn't stick. So let's go through a few reasons why they don't work, and what could be better for us to do.The Timing: When do people creat these resolutions? I would say at the last minute, or after a massive hangover. By New Years Day it is either too late or it is based on past issues, and often out of guilt for not dealing with the problems in a significant and comphrehensive way.It's too isolated from the flow: Having a plan is not a short term thing and change should be tethered to a bigger picture of how you see your life evolving physically, psychologically, and spirtually. Touching all components fo...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
2016 was a remarkable year for my investors in Oklahoma City but with rising prices how do we continue our momentum without just raising prices on rental property? What you can expect is that we have geared up for 2017 and 2018 with great deals we made on land and continuing to negotiate hard with suppliers and our labor to keep prices in check. You should expect a diversity of opportunities in 2017. We have multiple duplex communities in Edmond and Yukon Oklahoma that are great locations in the top demographic and economic city in Oklahoma. In that same city we have a multi-use area with single family homes, duplexes, town homes, and a senior housing community. We have added two new builders who are onboard with selling single family homes to investors and understand that prices have g...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
 If you follow Oklahoma City economic market conditions you know about how strong of an energy state we are. Oklahoma is awash in oil and natural gas but both have been on a pricing downturn for some time. It hasn't had a strong impact on the Oklahoma City economy but it has hurt at the state level for loss of revenue from taxes, and employment in the drilling areas has been affected. Although oil reached a low of below $30 a barrel it has since climbing steadily. In Oklahoma, once we reach $44 a barrel pricing we become very profitable and companies drill. This week we reached $53 a barrel and since OPEC created a lower quota, it is expected for oil to go to $60. What this creates is help on the state level, and a large bonus for Oklahoma City. Our city is home to three of the largest ...
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By Joe Pryor, REALTOR® - Oklahoma Investment Properties
(The Virtual Real Estate Team)
2016 has been a great year for the team in Oklahoma City real estate. Many investors have blessed us with their faith in us to deliver wealth and a great return on investment. We have had an excellent year of listings selling, and as I enter my 27th year as a REALTOR® in the Oklahoma City market I not only reflect on this year but on the journey. I know we have a ton of agents out there and honing in on one when it is me fills me with gratitude. Serving others and working in their best interest is the only business philosophy I need. It is not about plaques or recognition that drives me to keep going, it is the gratitude in return I receive that makes it all worthwhile. I am not in competition with anyone in my business, that is not the point of service. The point of service is to put t...
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