Times Running Out- ONLY 5 DAYS LEFT!

Time is running out on the buyers tax credit. The tax credit ends on April 30, 2010. The basics of the tax credit are as follows:

1. Qualified first time home buyers can receive a tax credit of $8000.
2. Qualified current home owners can receive a tax credit of $6000.
3. The home contract must be written by April 30, 2010.
4. The home sale must close no later than June 30, 2010.

To find your Tulsa, OK home now, contact Darryl Baskin of The Baskin Real Estate Specialists at McGraw at 918-258-2600 or www.darrylbaskin.com.

To find out if you qualify for the buyers tax credit for a Tulsa, OK home, contact Karen Heston of BOK at 918-230-9432 or visit Karen's website.

Oral Roberts University Sports

Congratulations to the outstanding student athletes at ORU who were awarded the President's Cup and First Lady's Cup, Juan Chang and Rachel Talbert. Each of these two students demonstrated superb student and community leadership in addition to exceptional athletic talents.

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Baskin Real Estate Specialists add to Skilled Sales Team

http://darrylbaskin.com/baskin_report/view/3797

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Good job Cub Scout Pack 344 keeping Oklahoma Beautiful

Good job Cub Scout Pack 344 keeping Oklahoma Beautiful

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Market Condition Report - 7 county MSA - All prices - New construction and Pre-owned - Source: Tulsa MLS (NORES) - Compiled by Terradatum, Inc. - Thomas E Allen Appraisals, LLC

Slight decline in Median Price (Sold) - $131,000 average over 2 years.

 

On a linear trend basis, supply has been trending down. Supply has trended up the past 4 months.

 

 

March, 2010, Month's Supply of Inventory is favorably in the 4.0 Month's Supply range, the lowest in 2 years!

 

 

NAR calculates Month's Supply based on Sold-Closings and lags behind the previous graph that is based on contract activity.

 

 

Listings going to contract on a weekly basis. The last five weeks activity exceeds Past and Previous 12 week averages.

 

 

Need more information? Specific market information? Contact me.

 

 

Thomas E Allen, CRP, RAC Member

Thomas E Allen Appraisals, LLC

PO Box 702438

Tulsa, Ok 74170-2348

 

(918) 481 3500  FAX (918) 477 2044

TomAllen@TulsaCoxMail.com   or TomAllen@RAC.net   

"Some people spend an entire lifetime wondering if they made a difference in the world.  But the U.S. ARMED FORCES don't have that problem."  ...Ronald Reagan 

Area code change coming soon to the 918.

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Area code change coming soon to the 918. A new area code of 539 will begin to be implemented August 7th as we area exhausting the availability of 918 numbers.

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Lunch

Michael V's at 104th and Memorial in Bixby, OK has the best Asian chicken salads I have ever had!

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