Oklahoma City Real Estate Blog

You are in the sweet spot. Pull the trigger.

Joel Garcia — Fri, 22 Jan 2010 00:11:10 +0000

There are some changes coming down the pike for spring/summer and they are not particularly good. The first thing you need to know is when the housing collapsed, one of the things the government did was start buying mortgage backed securities. This effectively allows the government to manipulate the interest rate that you the borrower [...]

The New GFE(Good Faith Estimate) for 2010

Joel Garcia — Wed, 20 Jan 2010 01:16:35 +0000

Well Intentioned new HUD rules went in to effect January 1, 2010. The intention was to provide a new standardized GFE that would empower the buyer and make it easier for the buyer to shop for a loan. To some extent I think that they have accomplished their goal with one huge problem. The problem now is [...]

2010 Home Buyer Tax Credit

Joel Garcia — Tue, 19 Jan 2010 22:12:05 +0000

To Qualify you: Must be in a binding contract to purchase a house prior to April 30, 2010 and settle on the purchase prior to June 30, 2010. The Maximum Amount of the Credit is: $8,000.00 for first time home buyers. $6,500.00 for the “long time resident” credit. (To qualify this way, a buyer must have owned and used [...]

Mario Kart Wii Tournament for Live! on the Plaza!!!

Joel Garcia — Tue, 24 Nov 2009 21:12:10 +0000

Mario Kart Wii Tournament! Friday, December 11th as part of Live! on the Plaza. $5.00 registration fee. Winner takes all. Register between now and 8:00 PM the day of the tournament at Paula and Company Realtors – 1706 NW 16th St. Tournament play begins at 8:00 PM at Paula and Company. No late registrations. Brought to you by:

Bricktown Home Buyer’s Expo 2009

Joel Garcia — Mon, 26 Oct 2009 22:33:30 +0000

Plaza District Art Festival 2009

Joel Garcia — Mon, 26 Oct 2009 22:31:44 +0000

Live! on the Plaza 9/11/2009

Joel Garcia — Mon, 26 Oct 2009 22:29:56 +0000

Green Home Building: Is it a Fad or Here To Stay?

Joel Garcia — Wed, 07 Oct 2009 20:31:39 +0000

There is a growing trend for home builders to build green home plans or at least implement green home design in their new home plans. They are doing this because their is a growing demand for green homes. So, what is a green home? A Green Home is a home that is usually certified based [...]

Move Up Buyers need to do the Math

Joel Garcia — Wed, 07 Oct 2009 20:15:23 +0000

Right now the Oklahoma City real estate market is the Tale of Two Markets. We have simultaneously a Buyer’s Market and a Seller’s Market. How can this be you might ask? Well let’s take a look at the dynamics. First we have the clock ticking on the first time home buyer tax credit. For those of you that [...]

First Time Home Buyers in Oklahoma are getting a new Bond Issue.

Joel Garcia — Mon, 10 Aug 2009 19:27:12 +0000

New Down Payment Assistance money should be available at the end of this month. It seems that there are two components of the new issue. One will be the normal issue which gives first time home buyers the down payment needed with an FHA Loan. The other will be for first time home buyers too, [...]