Thursday, March 31, 2011

February Pending Home Sales Rise

February Pending Home Sales Rise

(Realtormag.com, Daily Real Estate News, March 28, 2011) Pending home sales increased in February but with notable regional variations, according to the National Association of REALTORS®.


The Pending Home Sales Index, a forward-looking indicator, rose 2.1 percent to 90.8, based on contracts signed in February, from 88.9 in January. The index is 8.2 percent below 98.9 recorded in February 2010. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Lawrence Yun
, NAR chief economist, says it’s important to look at the broader trend. “Month-to-month movements can be instructive, but in this uneven recovery it’s important to look at the longer term performance,” he said. “Pending home sales have trended up very nicely since bottoming out last June, even with periodic monthly declines. Contract activity is now 20 percent above the low point immediately following expiration of the home buyer tax credit.”

Yun notes there could have been some weather impact in the February data. “All of the regions saw gains except for the Northeast, where unusually bad winter weather may have curtailed some shopping and contract activity.”

The PHSI in the Northeast fell 10.9 percent to 65.5 in February and is 18.4 percent below a year ago. In the Midwest, the index rose 4.0 percent in February to 81.1 but is 15.9 percent below February 2010. Pending home sales in the South increased 2.7 percent to an index of 100.3 but are 5.3 percent below a year ago. In the West, the index rose 7.0 percent to 105.6 and is 0.6 percent higher than February 2010.

“We may not see notable gains in existing-home sales in the near term, but they’re expected to rise 5 to 10 percent this year with the economic recovery, job creation, and excellent affordability conditions providing confidence to buyers who’ve been on the sidelines,” Yun said.

Source: NAR

To
read this original article, posted in Realtormag.com, "February Pending Home Sales Rise" click here.

For all your Tulsa, OK. real estate needs, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.

Wednesday, March 30, 2011

Glass Mulch?

When we think of mulch, most of us probably think of wood mulch or possibly rubber mulch. There is a newer product on the market that is becoming popular and starting to catch on in Oklahoma, especially since it doesn't wash or blow away, and is great for the environment. Tulsa World published an article about Garden Glass of Oklahoma last fall that introduces glass mulch well. Consider something different for your garden and read on.
Glass mulch catching on in Oklahoma gardens
by Amanda Fite

Landscapers on the coasts are already hip to a trend that's new to Oklahoma: recycled glass chips that, among other things, make a good mulch.

It's real, it's definitely different, and it's about as "green" as it gets.

The mulch is made when recycled bottles are broken and tumbled to smooth out the edges.

"The pieces can be used for a variety of things, including landscaping," said Leigh Murray, owner of Garden Glass of Oklahoma.

The glass is available in four colors: brown, green, clear and mixed.

Chad Burden, who's made news with his eco-friendly home construction in midtown Tulsa, said he's been using the glass as mulch for a couple of months now. He chose the brown, which looks like rich, pigmented mulch.

"It seems to be working as well as my regular mulch," he said, "and it's prettier for sure."

Burden puts material underneath the glass to keep it from sinking into the dirt. Its weight keeps the mulch from floating away in an Oklahoma rainstorm.

Murray said the glass also doesn't fade or disintegrate, so there's no need to replace it every year.

"You don't have to keep doing it," Burden agreed. "No mulch and remulch."

According to Murray's website, the glass is also safe for kids and animals and is a natural deterrent to slugs.

But the garden glass isn't just for mulching. Gas fire pits and fireplaces
are another place to try the glass chips. (Natural wood fires burn a bit too hot.) It can also be used to:

* Accent driveways, walkways, garden paths, water features and fish ponds

* Create designs and patterns in your landscape

* Fill terrariums, aquariums, flower arrangements and birdbaths

However you use it, the glass definitely adds design flavor.

"It's a little bit funkier," Burden said. "After a rain, it looks beautiful. ... I hope it catches on here."

A 50-pound bag of the glass sells for $15 and covers about 8 square feet, Murray said. For more information, call 232-0210, or go to tulsaworld.com/gardenglass

Read more from this Tulsa World article at http://www.tulsaworld.com/scene/article.aspx?subjectid=41&articleid=20100904_17_D3_CUTLIN790454

To buy glass mulch in the Tulsa, OK. area, contact Leigh Murray of Garden Glass of Oklahoma at 918-232-0210 or www.gardenglassofoklahoma.com.

Jenks, OK. and Owasso, OK. Luxury Homes For Sale

15601 East 82nd Street North
in Owasso, OK.

$1,900,000

4 Bedrooms
4 Full, 2 Half Bathrooms
4 Car Garage

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10726 S. Lakewood Ave.
The Gates at Forest Park

$4,200,000

6 Bedrooms
7 Full 4 Half Bathrooms
5 Car Garage

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Luxury Home for Sale in Owasso, OK.
10001 N. Glen Ellen Dr.
Clearbrook Addition

$2,100,000

5 Bedrooms
6 Full 2 Half Bathrooms
4 Car Garage




For information on any of these Tulsa, OK area luxury homes or for all your Tulsa, OK area real estate needs, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com.

Tuesday, March 29, 2011

Save Money and Reduce Your Utility Bills...

In an article "11 Ways to Reduce and Save Money on Utility Bills" found on MoneyCrashers.com, Heather Levin discusses various ways that we can save on electric and water bills. The tips that Heather gives are relatively easy to handle on your own as well as inexpensive. Read on for these handy tips:

It is common for many families to stare dejectedly at $200, $300, $400, and sometimes even $500 in utility bills every month. That can be an especially hard pill to swallow when times are tight – especially with gas prices rising.

This issue hits close to home for me as well. My dad lives in Lousiana, and his monthly bill is an astonishing $430 per month. And, that’s living in the Sunny South!

So what can you do to reduce your utility bill without being forced to move? Well, according to Energy Star, half of all the energy we use in our homes goes toward heating and cooling. A significant amount goes towards water as well.

This information gives us three important areas to focus on, and I’ve come up with 11 ways you can immediately reduce your utility bill affordably and effectively:

Ways to Save on Utilities in Your Home

1. Add Attic Insulation
According to the U.S. Department of Energy (USDE), the attic is where most of your home’s heat escapes to. Why? Well, heat rises, and most homes don’t have enough insulation up there to keep it from getting out. So, out it floats.

Fiberglass insulation is relatively cheap, and it’s easy to install it yourself. I have zero home improvement skills and I added a ton of insulation to my own attic last year. Did it make a difference? You bet it did. Energy Star estimates you can save up to 20% on your heating and cooling costs by effectively insulating your home. I don’t know if I saved that much, but I definitely saved at least 10% on my utility bills this year. And adding the insulation was very easy to do.

If you’re worried about installing attic insulation yourself, do a quick search online. There are tons of DIY tutorials that will coach you through the process.

2. Apply Weather Stripping
Weather stripping is very easy to install, and it will make a big difference in keeping out drafts. Before I applied my own weatherstripping, I could literally feel a cold wind coming in through both my kitchen doors. Now, however, the outdoor air stays out.

Weather stripping is another inexpensive, super-easy project that will make a big difference in your home’s energy bills. Again, I have zero home improvement skills and I didn’t mess it up.

3. Insulate Outlets and Light Switches
This smaller project is one that’s often forgotten about because people don’t realize that outlets and switches can be sources of air leaks. But outlets and light switches need to have insulation added to them, especially when they’re on an outside wall. Just make sure you get specialized outlet and switch plate seals, which can found inexpensively at any hardware store. The insulation is made specifically for outlets and switch plates, so you don’t have to worry about fire.

4. Install a Programmable Thermostat
The USDE estimates that you’ll save 10% off your utility bill just by installing a programmable thermostat.

Now, this project is a little more involved than insulating the switch plates, but it’s not necessarily too difficult. Every thermostat comes with detailed instructions so that you won’t get lost.

Don’t forget – the more you can turn your thermostat down in the winter, and up in the summer, the more you’re going to save. I keep my house at 55 degrees at night, and 64 degrees during the day during the winter months. I live in Michigan, and I stay comfortable in this range. It did take some getting used to, but if you go slow you’ll be able to keep making small adjustments to save even more. For more tips, here are some cheap ways to keep warm in the winter.

Is your house empty during the day? Allow the temperature to drop much further in the winter months and higher in the summer months while you’re away at work during the day, and program it to return to more comfortable temperatures just before you get home.

For a $70+ investment, installing a programmable thermostat is one of the smartest things you can do to reduce your energy bills.

5. Install a Low-Flow Shower Head
Did you know that many older shower heads put out 4-5 gallons of water per minute?

The low-flow shower head I use puts out a mere 1.5 gallons. And I still get awesome, forceful showers.

Low-flow shower heads really run the gamut on price: $10 on up to $200 or more (e.g. Niagara 1.50 GPM Low Flow Massage Showerhead). But they’re easy to install, and they’ll help conserve water while saving you money every day.

6. Insulate your Water Heater
If you have an older water heater, you can save 4-9% on your water heating costs simply by insulating it.

The USDE estimates that insulating hot water heater jackets prevent standby heat loss by 25-45%. Thus, you’ll be heating your water more efficiently simply by wrapping up your hot water tank.

This is another really simple project that can pay off big over the long run.

7. Wash Clothes in Cold Water
Did you know that 90% of the energy your washer uses goes to heat the water? Yeah, it’s pretty surprising and since most American families do around 400 loads of laundry per year, switching to cold can really add up.

To put it in perspective, check out these cool stats from Treehugger.

Washing every load on the hot/warm cycle (in a top loading machine and an electric water heater) for a year is equivalent to burning about 182 gallons of gasoline in a car; in an average (19.8 miles per gallon) car, that’ll get you around 3,595 miles.

But what happens when we wash on cold? Again, Treehugger:

When you use cold water to wash, you just use energy to run the machine – about .24 kWh – without using any energy to heat the water. That .24 kWh translates to about .41 pounds of CO2 per load, or about 162 pounds of CO2 per year. That’s about 8 gallons of gas, or 164 miles of driving.

That’s a huge difference. We went from burning the equivalent of 182 gallons of gas using hot water, to burning just 8 gallons on cold.

8. Pack the Dishwasher
When you use the dishwasher, never ever run a half load. Pack that baby to the brim! Want to save even more? Turn off the manual “heat dry” and let your dishes air dry.

9. Hand Wash Large Pots, Pans, and Dishes
These take up a lot of room in the dishwasher, and you’ll use the dishwasher considerably less if you wash and dry these items yourself.

10. Buy Energy Star Appliances
Energy Star rated refrigerators, washers, furnaces, and water heaters use a fraction of the energy their non-rated counterparts use. Most of the time, they’re priced competitively as well. Occasionally, you might have to pay more for an Energy Star rated product, but you’re always going to earn your money back in the long run. If you want to save on your utility bills, always look for the Energy Star logo first when buying large appliances.

11. Cook Strategically
It takes a lot of energy to heat up your oven. If you’re cooking something small, use your toaster oven instead. I rarely use my oven anymore because my toaster oven is just so much more handy. I’ve even successfully baked cookies and pies in my toaster oven! It also leads to much quicker cooking time since toaster ovens have less area that they need to heat.

Microwaves also use a fraction of the energy as compared to your oven or stove top. Whenever you can, heat things up in the microwave to save energy.

Final Word

When it comes to saving money on your utility bills, identify the items in your house that use both water and energy. Dishwashers, washing machines, and water heaters are three major appliances that you may want to consider replacing with more energy- and water-efficient models.

Also, remember that your air conditioning and heater usage is the biggest game changer when it comes to your utility bill. If you turn the temperature up a little bit in the hot months and turn it down a little bit in the cold months, you’ll save hundreds of dollars per year.


For Tulsa, OK. electrical service or plumbing service in Tulsa, OK. please see the professionals below:

For Tulsa, OK. electrical service, contact Larry Murray of Murray Electric at 918-557-3020 or www.murrayelectric.com.

For Tulsa, OK. plumbing service, contact Markwayne Mullin of Mullin Plumbing at 918-606-0925 or www.mullinplumbing.com.

For all your Tulsa, OK. real estate needs, contact Darryl Baskin, McGraw Realtors, 918-258-2600 or www.darrylbaskin.com.

Tips to Improve Your Vehicle's Fuel Economy

With gas prices increasing every week, it seems like just going to work and doing everyday necessary chores are costing way too much. As the gas budget gets tighter, seeking ways to increase fuel economy can be a very helpful and budget friendly idea. In an article posted by RIS Media, "10 Tips to Improve Your Vehicle’s Fuel Economy", author Jerry Hirsch gives some helpful tips to increase your vehicle's fuel economy. Read on for these helpful tips...

RISMEDIA, March 17, 2011—(MCT)—With the price of regular unleaded gasoline topping $4 a gallon, auto information websites TrueCar.com and AutomMD.com have come out with a simple guide to get more mileage from your vehicle.

1. Drive more smoothly: Be gentle with your gas pedal and your brakes. There’s no reason to speed up to a red light just to slam on the brakes. Aggressive driving will lower your gas mileage.

2. Slow down: Most vehicles get the best fuel efficiency at 45-55 miles per hour. Driving more than 60 mph can cut fuel efficiency 7-23%.

3. Reduce idling: Turn off your engine if you’re waiting for more than 20 seconds. Idling wastes more gas than turning off your engine and restarting it.

4. Use lower-grade fuel: Regular unleaded fuel won’t hurt most vehicles even if premium unleaded fuel is required. Unless your engine starts to knock or ping when using a lower-grade fuel, stick to regular.

5. Remove excess weight: An extra 100 pounds sitting in the trunk or back seat can reduce fuel economy as much as 2%.

6. Turn on the ventilator and turn off the air conditioning: The most efficient way to cool your car is with the air that comes in through your flow-through ventilator. Air conditioning or open windows make your vehicle less fuel-efficient (because of the drag). Driving fast with the windows open can burn more fuel than the air conditioner.

7. Replace or tighten the gas cap: Fuel evaporates through gas caps with broken or weak seals, potentially reducing your car’s gas mileage by 2%.

8. Keep the tires inflated: Tires that are improperly inflated have a higher rolling resistance, which reduces efficiency. Keeping tires at the proper pressure can improve gas mileage by as much as 3.3%.

9. Change the oil: Energy-conserving or synthetic motor oil can reduce engine friction, improving efficiency as much as 2%.

10. Replace the spark plugs: Misfiring spark plugs can reduce fuel efficiency as much as 30%.


For all your Tulsa, OK. real estate needs, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.

Monday, March 28, 2011

Types of Property Deeds...

There are many types of deeds for home ownership in Tulsa, OK. but what are they and what do they mean for buyers and sellers?

The best type of deed is the General Warranty Deed. In a General Warranty Deed the seller warrants the title from statehood until the time the buyer takes title. This means that the owner of the property is guaranteeing the buyer that they are getting a clear title.

The next type of deed is the Special Warranty Deed. In a Special Warranty Deed there is more risk to the buyer and limits the amount of the warranty. This is a common type of deed when a bank takes title to a property. When this happens, the bank will only warrant the property for the time that they owned it and no time prior.

Another type of deed is the Quit Claim Deed. The Quit Claim Deed is usually between a divorcing husband and wife. One party is giving up any interest that they may have in the property to the other party.

The final type of deed is the Sheriffs Deed. The Sheriffs Deed occurs when a foreclosure happens, the property goes to a sale and the Sheriff presents a deed to the new owner. This is a high risk situation because there are no warranties on the property. It is being sold or presented "as-is".

For more information about types of property deeds in Tulsa, OK. or to have your title inspected in the Tulsa, OK area, contact Ann Rollins of Closings of Tulsa, 918-493-2241 or www.closingsoftulsa.com.

For all your Tulsa mortgage needs, contact Steve Currington of Currington Mortgage at 918-394-5626 or www.curringtonmortgage.com.

For Tulsa, OK real estate needs, contact Darryl Baskin, McGraw Realtors, 918-258-2600 or www.darrylbaskin.com.

Tuesday, March 22, 2011

Moving With Pets

Moving can be very stressful for the homeowners and can be just as stressful on their pets. Here are some tips that can make that transition easier on you and your pet. First, keep your pet's routine as normal as possible during the packing and moving process. Second, if possible, have a friend or boarding service watch him. If not possible, avoid giving him food or water an hour or two before your trip. Third, if he will be traveling in a pet carrier, make sure there is room for him to stand up and turn around and plenty of ventilation for him to breathe. Remember to use newspaper or other absorbent material in the bottom of the carrier, in case he has an accident. Finally, remember his favorite toy!

For more moving tips or questions or to get a quote to move your Tulsa, OK. home or business, contact Mike Ellingson at 918-459-6683 or visit www.relocationllc.net

For all your real estate needs in the Tulsa, Oklahoma area contact Darryl Baskin, McGraw Realtors, 918-258-2600 or www.darrylbaskin.com.

Monday, March 21, 2011

Tulsa, OK. Area Homes for Sale...

Jenks, OK Luxury Home for Sale

720 W. 108th St. in Jenks

Aberdeen Falls Addition
$1,695,000

5 Bedrooms
5 Full 1 Half Bathrooms
4 Car Garage

_________________________________

New Construction in Bixby, OK!

12204 South 68th East Avenue

Woodmere Addition in Bixby, Oklahoma
$899,900

5 Bedrooms
4 Full 1 Half Baths
4 Car Garage
_________________________________



Magnificent Gated Estate in Jenks, OK!

777 West 106th Street
The Estates at Stone Bluff in Jenks, Oklahoma
$2,999,000

5 Bedrooms
7 Full 1 Half Bathrooms
3 Car Garage


For more information on any of these Tulsa, Oklahoma area luxury homes or to buy or sell your home in the Tulsa, Oklahoma area, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com

Saturday, March 19, 2011

The Rich Buy Real Estate Now Despite...

According to a recent blog post, If Prices Are Falling, Why Are the Rich Buying?, by the KCM Crew, real estate prices are predicted to continue to drop, however, the rich are buying homes now! The KCM crew says that "DataQuick Information Systems reported last week that sales on homes $1 million or more rose 18.6% last year after four consecutive years of decline. This is at the same time that sales outside of this price point actually fell 2.8%." So, why are the rich buying now, instead of waiting? The KCM crew say that "They realize that the COST of real estate is a much more important than its PRICE. With the government attempting to make massive changes to the residential lending business, the wealthy know financing a home may never be better. They realize it is time to buy. They can purchase a million dollar+ home for a rate lower than at almost any time in history."

Although some may still say that they would wait for lower real estate prices in the Tulsa, OK area, that can be a gamble. We know that rates will not remain at these historically low rates forever. Higher rates can mean that you pay more for the interest in a lower priced home than you might for a higher priced home with today's low rates. Once you add all that extra interest up, you could actually end up paying more for your Tulsa, OK. area real estate.

For more information on Tulsa, OK real estate prices or to buy or sell Tulsa, OK real estate, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.

Check out the following link to read the entire blog post from the KCM Crew, "
If Prices Are Falling, Why Are the Rich Buying?"

Wednesday, March 16, 2011

Saturday, March 12, 2011

Americans Wealth Has Increased!

According to a recent article posted on Realtormag.com, "Americans Feel a Little More Rich", Americans are making more money. In the last quarter of 2010, Americans wealth increased by 3.8%. In addition, household net worth increased the last quarter of 2010, even though real estate holding dropped by 1.6%. Interested in reading more? Read the article, "Americans Feel a Little More Rich" here.

To buy or sell your Tulsa, OK residential real estate, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.

Friday, March 11, 2011

Beatiful Home for Sale in the Tulsa, OK Area

Charming Old World Home in Jenks, OK!

6338 East 111th Place
Woodfield Village in Tulsa, OK.

$325,000

3 Bedrooms
2 Full 1 Half Bathrooms
2 Car Garage


For more information on this beautiful Jenks, OK. home for sale or to buy or sell Tulsa, OK. real estate, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.




Tulsa, OK. Homes Are More Affordable Than Ever!!

According to an article in RealtorMag, 30 Year Mortgage Rates Hold Steady This Week, homes are more affordable than ever! Rates are under 5% this week and are even lower than the same time last year. Read the article below, 30 Year Mortgage Rates Hold Steady This Week, for more information.

Mortgage rates continued to hold steady below 5 percent this week, according to Freddie Mac’s weekly mortgage market survey.

"Interest rates for 30-year fixed-rate mortgages have averaged at or below 5 percent in every week but one this year, contributing to record home affordability,” says Frank Nothaft, Freddie Mac’s chief economist.

Here are how rates fared for the week:

- 30-year fixed-rate mortgages:
averaged 4.88 percent, up just slightly from last week’s 4.87 percent. Last year at this time, the 30-year mortgage rate averaged 4.95 percent.

- 15-year fixed-rate mortgages:
averaged 4.15 percent, holding at the same as last week’s average. Last year at this time, the 15-year fixed-rate mortgage stood at 4.32 percent.

- 5-year adjustable-rate mortgages:
averaged 3.73 percent this week, up slightly from last week’s 3.72 percent. A year ago at this time, the 5-year adjustable-rate mortgage averaged 4.05 percent.

"Mortgage rates held steady amid a strong employment report,” Nothaft says. The private sector added 222,000 jobs in February--the most since March 2006. The unemployment rate also fell to its lowest share since April 2009 at 8.9 percent.

For all your Tulsa, OK real estate needs, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.

Thursday, March 10, 2011

Tulsa, OK. Condo's For Sale



Enjoy the View from these Charming Spacious Condo's just Steps Away from the River Parks. Downtown and major interstates are only minutes away.


3731 South Riverside Drive
Tower Court Condo's in Tulsa, OK.

$172,900

3 Bedrooms
2 Full 1 Half Bathrooms
2 Car Attached Garage
______________________

3727 South Riverside Drive
Tower Court Condo's in Tulsa, OK.

$169,900

3 Bedrooms
2 Full 1 Half Bathrooms
2 Car Attached Garage
________________________

3729 South Riverside Drive
Tower Court Condo's in Tulsa, OK.

$169,900

3 Bedrooms
2 Full 1 Half Bathrooms
2 Car Attached Garage


To sell your Tulsa, OK area Condo or to find condominiums for sale in Tulsa, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com





Friday, March 4, 2011

South Tulsa Luxury Homes For Sale...

Exquisite Custom Luxury Home in Bixby, OK.

15080 S. Columbia Ave.
The Estates of Posey Creek Farms in Bixby, OK.

$1,250,000

4 Bedrooms
3 Full 2 Half Bathrooms
4 Living Areas
3 Car Garage
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19983 S. Sheridan Rd
Mounds, OK. with 80 Acres

$2,699,000

4 Bedrooms
3 Full, 2 Half Bathrooms
5 Living Areas
3 Car Garage
_____________________________________


For more information on any of these Tulsa, OK area luxury homes for sale or to buy or sell real estate in the Tulsa, OK area, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com.