Making an Offer: 5 Mistakes to Avoid

In competitive housing markets across the country, making an offer that sticks has become increasingly difficult. Ensure your client doesn’t make the process even tougher by succumbing to one of these common mistakes. Delaying “Time kills deals,” says Andrew Sandholm of BOND New York Properties in New York. “Dragging your feet means you could wind up […]

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Instant Reaction: April Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on April residential construction:  “With housing starts declining in April, inventory shortages will continue for a longer period of time. The intensifying housing shortage will push up home prices and rents, and easily above wage growth and the broad […]

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Low Inventory Spurs Faster Price Growth in First Quarter

It’s no surprise today’s first quarter metro price report revealed that prices accelerated for the third straight quarter. That’s what happens when sales are strong and inventories remain near record lows. What is amazing is just how fast some metro areas are moving. Seventeen percent of markets saw double-digit appreciation last quarter and many hovered just […]

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Oklahoma Association of Realtors cautions legislators to rethink cap on itemized tax deductions legislation

House Bill 2403 would constrain Oklahoma’s real estate industry and burden the state’s economy. OKLAHOMA CITY– Oklahoma Association of Realtors® (OAR) cautions passage of House Bill 2403, which would cap itemized deductions on state tax returns at $17,000 through 2019. Itemized deductions are utilized to lower a tax bill and include property taxes, mortgage interest, […]

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Instant Reaction: Lawrence Yun on Today’s FOMC Announcement

Below is the following statement from NAR Chief Economist Lawrence Yun on the Federal Reserve’s decision today to stand pat on raising short-term rates: “Today’s FOMC decision is only a short-term, temporary pause. With no change in monetary policy, mortgage rates look to remain within the narrow band of 4.0% to 4.5% for the foreseeable future. […]

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Emergency Price Stabilization Act in Effect for All 77 Counties

MIKE HUNTER ATTORNEY GENERAL OF OKLAHOMA FOR IMMEDIATE RELEASE May 1, 2017  Emergency Price Stabilization Act in Effect for All 77 Counties Attorney General Hunter cautions Oklahomans against price gouging  OKLAHOMA CITY – Oklahoma Attorney General Mike Hunter is reminding Oklahomans the Emergency Price Stabilization Act is in effect for all 77 counties, after the […]

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2017 REALTOR® of the Year Nominations Due June 30

The Oklahoma Association of REALTORS® is seeking nominations for its 2017 OAR REALTOR® of the Year. The OAR member selected for this incredible honor will be announced and recognized by his/her peers at the REALTOR® Celebration Wednesday, October 4, held in conjunction with the 2017 REignite Conference in Stillwater. Each local board has the opportunity to nominate a […]

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VIDEO: April 28 Capitol Insider

OAR CEO Jessica Hickok and Contract Lobbyist Richard Phillips recap all the activity in this week’s edition of the Capitol Insider. Also, see OAR’s updated Bill Tracker and other timely info on the Government Affairs section of okrealtors.com.

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