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August 21, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Tulsa, Oklahoma

Reported by Curtis Kretchmar, REALTOR, Broker Associate

Updated August 2, 2008.

Current Market Rating: 3




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2
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5
Buyer's

Seller's

Current Price Trend: 4




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2
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5
Falling

Rising

While many markets across the country are experiencing sharp declines in sales and prices, Metro Tulsa just finished the second best year in history. Values are increasing, mortgages are readily available, employment is up, and the economy is growing.

ZIP Codes: 74104, 74105, 74146, 74145, 74137, 74136, 74135, 74070, 74063, 74055, 74047, 74037, 74033, 74021, 74012, 74011, 74134, 74133, 74132, 74131, 74130, 74129, 74128, 74127, 74126, 74120, 74119, 74117, 74116, 74115, 74114, 74112, 74110, 74108, 74107, 74106, 74104, 74105, 74103, 74073metro

Location Characteristics: Metro Tulsa's median home price rose 7.25% during 2007. Median home price is the level at which half of all homes sold for less. Most, but not all metro cities, experienced significant increases in 2007.
INCREASES
Catoosa +18% Owasso + 7.2%
Glenpool +12.3% Jenks +6.8%
Bixby +11.4% Tulsa +4.19%
Sapulpa +11.2% Broken Arrow +3.97%
Coweta + 8.9% Claremore +1.4%

For More Information:

View Market Conditions of other areas served by Curtis Kretchmar

Navigate: Top > Oklahoma > Tulsa

About Curtis Kretchmar:
I have had my Realtor License and Brokers License for over twenty eight years. I graduated in 1981 from Central State University in 1981 and started Real Estate 1n 1979. I have Averaged over 100 Transactions Consistently over the last twenty years.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



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Mortgage Rates
30 Year Fixed: 6.52%
15 Year Fixed: 6.07%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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