Tag Archives: residential real estate

Expert Q&A

What is the current state of the housing market? JP: Oklahoma City is the leading housing indicator for Oklahoma, with the lowest unemployment and the most population growth. It is also rated highly for new positions for skilled and educated labor. This year is continuing the trend of higher closed and pending sales, lower days

Executive Homes

Dennis E. and Susan E. Sandler paid $555,500 for a 2,558-square-foot house at 627 N.W. 14th. The residence was built in 1907. OKLAHOMA COUNTY Founder’s Tower Condominiums paid $1.675 million to Madaza LLC for residential property at 5900 Mosteller Drive, Oklahoma City, 73112. John Curtis Blankenship paid $1.275 million to Jeffrey J. McDougall for property

Kitchen aid

Jo Meacham, owner of Urban Kitchens, 3515 N. Classen Blvd., had her best year ever in 2012 when she grossed almost $1 million off 42 projects. That’s a far cry from the $99,000 she made 14 years ago when starting her business. “We rocked along at about $200,000 for several years. Then we doubled that.

Executive Homes

Oklahoma County Mehraban and Taraneh Khajehnouri paid $3.5 million to John D. and Virginia G. Groendyke for property at 14712 Dalea Drive, Oklahoma City, 73142. Russell Westbrook III paid $1.95 million to Richard M. and Theresa L. Coffenbow for property at 11701 Cardinal Lane, Oklahoma City, 73013. John D. Groendyke paid $1.53 million to Mehraban

New & Expanding

OKLAHOMA COUNTY Terracon Consultants Inc. leased 77,000 square feet of industrial space at 4701 N. Stiles from NaifCo Stiles LLC. Jerry Hocker with Coldwell Banker Commercial Hocker and Associates handled the transaction. The TJX Companies leased 30,000 square feet of retail space at OKC Market Square, 8400 Northwest Expressway. Karleen Krywucki with Price Edwards &

Building boom

Building permit records in Oklahoma City show an increase of 31% for the first 10 months of 2012, compared to the same time period a year ago. October was the latest month that records were available as of press time. “That’s about 654 more permits,” says Kurt Dinnes, past president of the Central Oklahoma Home

Reviving residential

Real estate website Zillow reported that 10 metro areas, Oklahoma City included, have seen home prices go up or remain flat since a peak in pre-recession home prices in 2006. That’s impressive, compared to an average drop of 25.9% nationwide over the past six years. While much of the country experienced that drop, the 10