The following video explains why Accent uses a Team approach to selling real estate. As a collaboration of expertise, the Accent Team has been the number one Team in Tulsa since 2004.
Chimney maintenance and a fireplace inspection can make the difference between warm safety and drafty danger
Chimney maintenance and a fireplace inspection can make the difference between warm safety and drafty danger. READ the article.
The Ins and Outs of Obama’s New Mortgage Refi Plan
On October 25, 2011 President Obama announced a plan to ease eligibility rules for home owners who want to refinance and take advantage of ultra-low mortgage rates to lower their mortgage payments. The administration hopes that by broadening its requirements for the Home Affordable Program that about 1 million home owners will now be able to qualify.
Following is an article that give more details about the newly announced changes to the program. READ THE ARTICLE NOW
3 Things You Must Do to Sell a Home in Today’s Market
On the following video Paul discusses the three things that all home sellers must consider when selling a home in today’s real estate market.
http://goo.gl/IMdCQ
Accent Recognized as one of Tulsa’s Unsung Heroes!
In the November issue of Tulsa People Accent was nominated by James Wineinger, executive director, Crossroads as one of Tulsa’s unsung heroes. Thanks James. Read the full article at…. http://goo.gl/OdNN
August Real Estate Statistics
Month’s Supply of Inventory (MSI) Decreases
The total housing inventory at the end of August 2011 decreased 10.8% to 7,661 existing homes available for sale. Over the last 12 months this area has had an average of 761 closed sales per month. This represents an unsold inventory index of 10.07 MSI for this period.
Average Sale Prices Going Up
According to the preliminary trends, this market area has experienced some upward momentum with the increase of Average Price this month. Prices went up 2.22% in August 2011 to $156,523 versus the previous year at $153,124.
Average Days on Market Lengthens – The average number of 62.31 days that homes spent on the market before selling increased by 6.02 days or 10.70% in August 2011 compared to last year’s same month at 56.28 DOM.
Sales Success for August 2011 is Positive
Overall, with Average Prices going up and Days on Market increasing, the Listed versus Closed Ratio finished strong this month.
There were 1,793 New Listings in August 2011, down 6.42% from last year at 1,916. Furthermore, there were 948 Closed Listings this month versus last year at 744, a 27.42% increase.
Closed versus Listed trends yielded a 52.9% ratio, up from last year’s August 2011 at 38.8% a 36.16% upswing. This will certainly create pressure on a decreasing Month’s Supply of Inventory (MSI) in the following months to come.
*Statistics provided by the Greater Tulsa Association of Realtors
Introducint Biggernest.com
Paul Wheeler and the Accent Team is proud to announce the creation of a new website designed for families on the move!