Filed under: Market Stats, Uncategorized | Tags: Days on Market, Homes Sold 2010, Oklahoma City Real Estate, quail creek, Real Estate Market
2010 Market Stats & Info for homes Sold in Quail Creek
Homes Sold in 2010: 86
- Highest Sales Price: $699,900
- Highest Sales Price/ Square Foot: $161.11
- Lowest Sales Price/ Square Foot: $28.04
- Average Sales Price/ Square Foot: $82.92
- Median Sales Price/ Square Foot: $84.95
Active Listings- 51
- Highest List Price: $649,000
- Lowest List Price: $77,000
- Average List Price: $282,862
- Median List Price: $242,500
Pending Home Sales (December)- 9
Days on Market- Average/Median
- Active 153/130
- Pending 110/96
- Sold 105/79.5
Filed under: Uncategorized | Tags: Downtown Oklahoma City, Economy, Maps 3, New York Times, OCU Law, Oklahoma City Real Estate, Real Estate Market
Just getting around to posting this link from an article in the New York Times last week, but a great read about the renaissance taking place in Downtown Oklahoma City. Not just the building of the Devon Energy headquarters, but the relocation of AAA’s headquarters and possible relocation of the OCU Law School to the former Ford Motor Co. Factory. to the highly publicized Maps3 Projects which include a 70-acre Central Park, Oklahoma City is definitely shining with all of the positive changes taking place.
Mr. Mayor puts it so well when he says: “Initially, we took a city that was a nice place to live and raise a family, but was not a great place to visit,” said the current Oklahoma City mayor, Mick Cornett. “We’ve now created a city that we want to show off and we’re proud of.”
I couldn’t agree more, I am proud of our city and hopefully other retailers and businesses will continue to reinforce the idea by relocating and expanding into our market.
Filed under: Uncategorized | Tags: 2009 Tax Credit, Economy, Homeownership, Real Estate Market
Unless you are living under a rock, you know that there have been incentives by the government to offer a tax credit to for the purchase of a home to in an effort to kickstart the recent stall of the national housing market. There are a lot of terms being thrown around and I wanted to post a short breakdown of the details for the newest Act which added existing homeowners as the beneficiaries of the possible tax credit. All information is taken from the IRS website, which you can click for yourself to read, here.
Housing & Recover Act of 2008
American Recovery & Reinvestment Act of 2009
Homeownership & Business Assistance Act of 2009- signed into law November 6, 2009
Tax Credit Details
New Deadlines- Under contract on or before April 30th 2010
Closing must take place on or before June 30, 2010
Long-time homeowners- up to $6,500 ($3,250 for married filing separately)
Must have lived in same principal residence for 5 consecutive of the last 8 years
First Time Homebuyers- $8,000
Higher Income Limits- After November 6, 2009 Phased out with Modified Adjusted Gross Income
Single- $125,000 and $145,000
Joint- $225,000 and $245,000
Please contact me if you think you might be interested in getting in on this opportunity, I love helping people understand what options are before them to make the best decision possible.
Post your questions as comments to this post and I will be sure to reply as soon as possible. What other information would you like to see on this blog?
