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On The Road To NormalThe Real Estate Market Rebounds
Simply IrresistibleMaxwells Chicken Salad
Celebrate A Fresh Start
SummerSolstice
May | June 2014
South TrentonCover Home
Exclusively Presented By Carma Grigsby
Prestige
If your home is currently listed, this is not a solicitation for that listing. Produced by UpscaleRealEstateMarketing.com • 877.660.0996
Direct: [email protected]
www.CarmaGrigsby.com
Want Your Property To Be
Our Next Cover Home?
Call Carma for the most effective marketing to sell your Tulsa area
property at 918.260.1800.
Your Preferred Tulsa Area Realtor
Today’s New Homes: Engineered to Perform
Your new home consists of a surprising number of components and systems, each designed
to work in concert with each other.New homes may look similar to their predecessors,
but behind the walls is a different story. They’re engineered and optimized for a high level of
performance and energy efficiency.Regardless of architectural style, on the outside a
new home doesn’t look much different than its older counterparts. But beneath the surface is a finely
tuned piece of machinery - a building that offers unprecedented levels of comfort, durability,
indoor air quality and energy efficiency.There’s no question that new homes are built to last longer and operate more efficiently and less
expensively than their older counterparts. To put it another way, new homes are engineered to perform. They’re consistently comfortable with
no cold or hot spots; constantly circulate fresh air for a healthy indoor environment; and provide energy
for heating, cooling and hot water at monthly rates that won’t bankrupt homeowners. Thanks to
the use of engineered lumber, prefabricated components and advanced framing techniques,
new homes are sturdier and have a longer shelf life.Source: Susan Brady | NewHomeSource.com
ACTIVE
COVER HOME | 3305 S. Trenton | New Construction | $699,000Huge pantry off kitchen, master bedroom on main floor w/laundry room, 2 bedrooms with game room up. Or game room could be
4th bedroom, plus it has a closet. Covered patio, kitchen has center island and Kitchen Aid professional stainless appliances. A must see!
New Construction Currently For Sale
ACTIVE
7903 S. Frisco | Stone Brooke Estates | $1,300,000New construction home features all the latest! 20’ entry with wrought iron door and staircase. Thermador commercial appliances, 3 laundry rooms,
master has built in TV behind mirror and radiant heated flooring, hickory wood floor, wine room and a separate coffee bar, covered patios w/fireplace.
Many indicators are pointing to the fact that across the US the housing market is on the rebound. While the winter home selling season was impacted by the polar vortex, especially in the east and north-east, there is now pent-up demand from buyers who have been waiting for better weather to join the house hunt. Experts point to three things that help predict future home sales volume:•Jobgrowth,•Cheapmortgagemoney,and•Homepriceappreciation
JobGrowth For some areas of the country, slow job growth is still holding back the real estate recovery. But, many cities in the BayAreainCaliforniaandinTexashaveseen strong housing recoveries due to the strengthoftheireconomies.Texascon-tinually outperforms the national average forjobgrowth.SinceJanuary2012,Texashasaddedover459,000jobs. In addition, economists expect gross domesticproduct(GDP)growthin25
statestoexceedtheUSaverageof2.3percentin2014.Thisgrowthwillbedrivenby real estate, manufacturing and energy markets.
CheapMortgages Although mortgage rates are increasing, they are still relatively cheap. Increasing mortgage rates will not cause houses to beunaffordable.TheRealEstateCenter atTexasA&MUniversityrecently calculated that even if mortgage rates were to rise to 7 percent, houses would be just as affordable as they were in 2007.SalesofpreviouslyownedhomesclimbedinDecember2013forthefirsttimeinfivemonths,cappingthebest yearsince2006andindicatingthe real-estate market is starting to adjust to higher borrowing costs.
HomePriceAppreciation According to the National Association ofRealtors,themedianexisting-homeprice for all housing types in February was$189,000,whichis9.1percent
aboveFebruary2013.Theserisinghomeprices lifted millions of homeowners out of “underwater” status. Even though this is positive overall, this price appreciation does challenge home affordability for new homebuyers. Another useful indicator of the housing recovery is the number of new homes currently under construction. As of December2013,thetotalofsingle-familyand multifamily units under construction hasrisenfor28straightmonths– another indicator of a sustained real estate recovery. “We should see buyers gaining a bit more leverage this year, with more choice and less competition,” saidStanHumphries,chiefeconomist for the real estate website Zillow. “Thisslightlymorebalancedmarket is another step on the road back to normal.”
Ingredients:3ccookedandpulledchickentenderloins1/2cbaconcrumbles2stalksdicedcelery1cdicedtomatoes3/4cmayo1tbspparsley2tbspgreenonionslicedthin1tsplemonjuiceDashWorcestershiresauceSalt and pepper to taste
Directions:Mix all ingredients gently together in a large bowl. Serve chicken salad on a bed of mixed greens and a side of seasonal fresh fruit.
WinePairing:Torepresentthedish,keepthispairingfruityandrefreshing with hints of honey, lemon, and ripe pear notes.Ideasfortheperfectcouplingare:PinotGrigio,Chardonnay,andforredwine drinkers Beaujolais (a light red wine with hints of cranberry and strawberrynotes).
Boots&BBQFestivalCherokeeCasinoWillRogersDowns|May10918.343.8118|ClaremoreReveille.comMakeyourwaytotheBoots&BBQFestivalinClaremoreforasanctionedKansasCity-stylebarbecuecook-off.Thiseventattractsover50ofthetopbarbecuecompetitorsinthenation.Getaheapingplateofdeliciousbarbecueand vote for your favorite team. Stick around to witness asoverthousandsincashprizesgotothewinners.TheBoots&BBQFestivalalsoincludeslivemusic,food,artsandcraftvendors,andinflatablesforthekidsandotherfamilyactivities.
NuyakaCreekWinerySpringWineFestivalNuyakaCreekWinery|May17918.756.7568|NuyakaCreek.comCometotheNuyakaCreekWinerySpringWineFestivalnear Bristow, purchase a wine glass and taste over a dozendifferentwines.Thisspringfestivalalsoincludeslive music, tours of the winery, food, wine tasting, outdoor entertainmentandvendorssellinglocalproducts.Petsandchildren are welcome, so bring your lawn chairs and enjoy a beautiful spring day in the Oklahoma countryside.
OklahomaRenaissanceFestivalTheCastleofMuskogee|NowthroughJune1918.687.3625|OKCastle.comStepbackintimetothe16thcenturywithKingHenryVIII,QueenMargaretofScotlandandover500costumedperformers and artisans as they create the boisterous villageofCastletonatthisyear’sOklahomaRenaissanceFestival.HeldattheCastleofMuskogee,thisRenaissancefestival will feature a royal court, jousters, jesters, magicians,musiciansandminstrels.Delightyourtastebudswith the wonderful and unique foods of the day, or browse throughmorethan100handcraftedboothsforone-of-a-kind items.
Mahogany&ChromeAntique&ClassicBoatFestivalArrowheadYachtClub|June5-8703.609.9812|Heartland-Classics.orgCelebratesummerboatingattheMahogany&ChromeAntique&ClassicBoatFestivalinKetchum,hostedbytheHeartlandClassicsChapteroftheAntiqueandClassicBoatSociety.Thisannualeventbringstogetherover40antiqueandclassicwoodenandfiberglassboatsfromthe1930stothe1970s.JumpstartyourweekendonFridaywithatriptobeautifulGrandLaketowatchparticipantsonalunchtimecruisefromArrowheadYachtClubtotheAquaBar&GrillatTheLandingsMarina.
TopOfTheTownVariousBuildings|June12918.831.7248|CCRCTulsa.orgTopOfTheTownisaone-of-a-kindtourofTulsathathappenseachJune.TheeventgrantsexclusiveaccesstothetopofsomeofTulsa’smosticonicstructures.Seeformilesfromsomeofthetallestbuildingsinthestate.PreviouslocationsincludetheMayoHotel,ReunionBuilding,PhilcadeWaitePhillipsPenthouse,FirstPlaceTower,320SouthBostonandtheMid-ContinentTower.Inadditiontotouringdowntownhotspotsatyourownpace,you’llbeprovidedsometastesofTulsaalongthewayaswellasbeverages and live music.
MAY|JUNE2014
HOUSE MADE CHICKEN SALAD
MaxxwellsRestaurant918.748.5550|MaxxwellsRestaurant.com
In Good Taste Event Calendar
The US Real Estate Market Rebounds
Markyourcalendars!June21stmarksthesummer solstice, or the longest day of the year. Not only does this daymeanthemosthoursofsunshineallyear(hurray!),but throughout time it has symbolized a period of renewal and rebirth. At the start of summer, plants are beginning to grow and mature, bees are busy pollinating, and you toomayfeelmoreenergeticandfilledwithadesireto getthingsdone.Intoday’sworld,it’saperfecttimetoreconnect with nature and make plans and goals for the year ahead. Thesummersolsticeoccurswhentheearth’stilttowardthe sun is at a maximum. At this time, the sun is at its
northernmostpointinthesky.Infact,thesun’spositionatnoon changes very little for a few days before and after thesummersolstice.ThewordsolsticecomesfromtheLatinsolstitiumorsol(thesun)and–stitor-stes(standing).It’satimeofcelebrationaftermanymonthsofcolder temperatures and long, dark days. In many cultures, the summer solstice is still celebrated today. In Sweden, people dance around the maypole at festivals; in Britain, many still travel to the rocks of Stonehenge, where the ancient ruins align with the summersolsticeandpresentmagnificentviewing; and right here in the United States, people mark the day with festivals, running races, and distinct rituals. In fact, rightinSedona,theHopiandNavajopeopleshave always celebrated the mystical summer solstice and todaycertaingroupsofferretreatstoteachoftheday’sspiritualsignificance. Bonfiresareanotherancientritualassociatedwiththesummersolstice.Thefireisbelievedtowardoffevilspiritsand bring good fortune for the year ahead. No matter
yourbeliefs,it’safunwaytocelebratethechange in seasons and get outdoors to reconnect with nature and the rhythm and cycle of life, which we often are disconnectedfromintoday’smoderncomputerizedworld. Much in the way modern day people think of New Year’sDayasadaytomakepositivechangesand resolutions, throughout time people have considered the summer solstice as a time of growth, and a time to improve their lives and make positive changes. After all, with more daylight you probably feel more energized to get more done than you do in the cooler, darker days ofwinter.Sowhetheryou’relookingtomakeacareermove,getyourdreamhomeonceandforall,orfindyoursoulmate,makeJune21stadaytogetoutdoorsand celebrate the start of something new, fresh, and full ofpossibilities.Maybeevenlightabonfire…youneverknow what good fortune could be coming your way!
Many indicators are pointing to the fact that across the US the housing market is on the rebound. While the winter home selling season was impacted by the polar vortex, especially in the east and north-east, there is now pent-up demand from buyers who have been waiting for better weather to join the house hunt. Experts point to three things that help predict future home sales volume:•Jobgrowth,•Cheapmortgagemoney,and•Homepriceappreciation
JobGrowth For some areas of the country, slow job growth is still holding back the real estate recovery. But, many cities in the BayAreainCaliforniaandinTexashaveseen strong housing recoveries due to the strengthoftheireconomies.Texascon-tinually outperforms the national average forjobgrowth.SinceJanuary2012,Texashasaddedover459,000jobs. In addition, economists expect gross domesticproduct(GDP)growthin25
statestoexceedtheUSaverageof2.3percentin2014.Thisgrowthwillbedrivenby real estate, manufacturing and energy markets.
CheapMortgages Although mortgage rates are increasing, they are still relatively cheap. Increasing mortgage rates will not cause houses to beunaffordable.TheRealEstateCenter atTexasA&MUniversityrecently calculated that even if mortgage rates were to rise to 7 percent, houses would be just as affordable as they were in 2007.SalesofpreviouslyownedhomesclimbedinDecember2013forthefirsttimeinfivemonths,cappingthebest yearsince2006andindicatingthe real-estate market is starting to adjust to higher borrowing costs.
HomePriceAppreciation According to the National Association ofRealtors,themedianexisting-homeprice for all housing types in February was$189,000,whichis9.1percent
aboveFebruary2013.Theserisinghomeprices lifted millions of homeowners out of “underwater” status. Even though this is positive overall, this price appreciation does challenge home affordability for new homebuyers. Another useful indicator of the housing recovery is the number of new homes currently under construction. As of December2013,thetotalofsingle-familyand multifamily units under construction hasrisenfor28straightmonths– another indicator of a sustained real estate recovery. “We should see buyers gaining a bit more leverage this year, with more choice and less competition,” saidStanHumphries,chiefeconomist for the real estate website Zillow. “Thisslightlymorebalancedmarket is another step on the road back to normal.”
Ingredients:3ccookedandpulledchickentenderloins1/2cbaconcrumbles2stalksdicedcelery1cdicedtomatoes3/4cmayo1tbspparsley2tbspgreenonionslicedthin1tsplemonjuiceDashWorcestershiresauceSalt and pepper to taste
Directions:Mix all ingredients gently together in a large bowl. Serve chicken salad on a bed of mixed greens and a side of seasonal fresh fruit.
WinePairing:Torepresentthedish,keepthispairingfruityandrefreshing with hints of honey, lemon, and ripe pear notes.Ideasfortheperfectcouplingare:PinotGrigio,Chardonnay,andforredwine drinkers Beaujolais (a light red wine with hints of cranberry and strawberrynotes).
Boots&BBQFestivalCherokeeCasinoWillRogersDowns|May10918.343.8118|ClaremoreReveille.comMakeyourwaytotheBoots&BBQFestivalinClaremoreforasanctionedKansasCity-stylebarbecuecook-off.Thiseventattractsover50ofthetopbarbecuecompetitorsinthenation.Getaheapingplateofdeliciousbarbecueand vote for your favorite team. Stick around to witness asoverthousandsincashprizesgotothewinners.TheBoots&BBQFestivalalsoincludeslivemusic,food,artsandcraftvendors,andinflatablesforthekidsandotherfamilyactivities.
NuyakaCreekWinerySpringWineFestivalNuyakaCreekWinery|May17918.756.7568|NuyakaCreek.comCometotheNuyakaCreekWinerySpringWineFestivalnear Bristow, purchase a wine glass and taste over a dozendifferentwines.Thisspringfestivalalsoincludeslive music, tours of the winery, food, wine tasting, outdoor entertainmentandvendorssellinglocalproducts.Petsandchildren are welcome, so bring your lawn chairs and enjoy a beautiful spring day in the Oklahoma countryside.
OklahomaRenaissanceFestivalTheCastleofMuskogee|NowthroughJune1918.687.3625|OKCastle.comStepbackintimetothe16thcenturywithKingHenryVIII,QueenMargaretofScotlandandover500costumedperformers and artisans as they create the boisterous villageofCastletonatthisyear’sOklahomaRenaissanceFestival.HeldattheCastleofMuskogee,thisRenaissancefestival will feature a royal court, jousters, jesters, magicians,musiciansandminstrels.Delightyourtastebudswith the wonderful and unique foods of the day, or browse throughmorethan100handcraftedboothsforone-of-a-kind items.
Mahogany&ChromeAntique&ClassicBoatFestivalArrowheadYachtClub|June5-8703.609.9812|Heartland-Classics.orgCelebratesummerboatingattheMahogany&ChromeAntique&ClassicBoatFestivalinKetchum,hostedbytheHeartlandClassicsChapteroftheAntiqueandClassicBoatSociety.Thisannualeventbringstogetherover40antiqueandclassicwoodenandfiberglassboatsfromthe1930stothe1970s.JumpstartyourweekendonFridaywithatriptobeautifulGrandLaketowatchparticipantsonalunchtimecruisefromArrowheadYachtClubtotheAquaBar&GrillatTheLandingsMarina.
TopOfTheTownVariousBuildings|June12918.831.7248|CCRCTulsa.orgTopOfTheTownisaone-of-a-kindtourofTulsathathappenseachJune.TheeventgrantsexclusiveaccesstothetopofsomeofTulsa’smosticonicstructures.Seeformilesfromsomeofthetallestbuildingsinthestate.PreviouslocationsincludetheMayoHotel,ReunionBuilding,PhilcadeWaitePhillipsPenthouse,FirstPlaceTower,320SouthBostonandtheMid-ContinentTower.Inadditiontotouringdowntownhotspotsatyourownpace,you’llbeprovidedsometastesofTulsaalongthewayaswellasbeverages and live music.
MAY|JUNE2014
HOUSE MADE CHICKEN SALAD
MaxxwellsRestaurant918.748.5550|MaxxwellsRestaurant.com
In Good Taste Event Calendar
The US Real Estate Market Rebounds
Markyourcalendars!June21stmarksthesummer solstice, or the longest day of the year. Not only does this daymeanthemosthoursofsunshineallyear(hurray!),but throughout time it has symbolized a period of renewal and rebirth. At the start of summer, plants are beginning to grow and mature, bees are busy pollinating, and you toomayfeelmoreenergeticandfilledwithadesireto getthingsdone.Intoday’sworld,it’saperfecttimetoreconnect with nature and make plans and goals for the year ahead. Thesummersolsticeoccurswhentheearth’stilttowardthe sun is at a maximum. At this time, the sun is at its
northernmostpointinthesky.Infact,thesun’spositionatnoon changes very little for a few days before and after thesummersolstice.ThewordsolsticecomesfromtheLatinsolstitiumorsol(thesun)and–stitor-stes(standing).It’satimeofcelebrationaftermanymonthsofcolder temperatures and long, dark days. In many cultures, the summer solstice is still celebrated today. In Sweden, people dance around the maypole at festivals; in Britain, many still travel to the rocks of Stonehenge, where the ancient ruins align with the summersolsticeandpresentmagnificentviewing; and right here in the United States, people mark the day with festivals, running races, and distinct rituals. In fact, rightinSedona,theHopiandNavajopeopleshave always celebrated the mystical summer solstice and todaycertaingroupsofferretreatstoteachoftheday’sspiritualsignificance. Bonfiresareanotherancientritualassociatedwiththesummersolstice.Thefireisbelievedtowardoffevilspiritsand bring good fortune for the year ahead. No matter
yourbeliefs,it’safunwaytocelebratethechange in seasons and get outdoors to reconnect with nature and the rhythm and cycle of life, which we often are disconnectedfromintoday’smoderncomputerizedworld. Much in the way modern day people think of New Year’sDayasadaytomakepositivechangesand resolutions, throughout time people have considered the summer solstice as a time of growth, and a time to improve their lives and make positive changes. After all, with more daylight you probably feel more energized to get more done than you do in the cooler, darker days ofwinter.Sowhetheryou’relookingtomakeacareermove,getyourdreamhomeonceandforall,orfindyoursoulmate,makeJune21stadaytogetoutdoorsand celebrate the start of something new, fresh, and full ofpossibilities.Maybeevenlightabonfire…youneverknow what good fortune could be coming your way!
On The Road To NormalThe Real Estate Market Rebounds
Simply IrresistibleMaxwells Chicken Salad
Celebrate A Fresh Start
SummerSolstice
May | June 2014
South TrentonCover Home
Exclusively Presented By Carma Grigsby
Prestige
If your home is currently listed, this is not a solicitation for that listing. Produced by UpscaleRealEstateMarketing.com • 877.660.0996
Direct: [email protected]
www.CarmaGrigsby.com
Want Your Property To Be
Our Next Cover Home?
Call Carma for the most effective marketing to sell your Tulsa area
property at 918.260.1800.
Your Preferred Tulsa Area Realtor
Today’s New Homes: Engineered to Perform
Your new home consists of a surprising number of components and systems, each designed
to work in concert with each other.New homes may look similar to their predecessors,
but behind the walls is a different story. They’re engineered and optimized for a high level of
performance and energy efficiency.Regardless of architectural style, on the outside a
new home doesn’t look much different than its older counterparts. But beneath the surface is a finely
tuned piece of machinery - a building that offers unprecedented levels of comfort, durability,
indoor air quality and energy efficiency.There’s no question that new homes are built to last longer and operate more efficiently and less
expensively than their older counterparts. To put it another way, new homes are engineered to perform. They’re consistently comfortable with
no cold or hot spots; constantly circulate fresh air for a healthy indoor environment; and provide energy
for heating, cooling and hot water at monthly rates that won’t bankrupt homeowners. Thanks to
the use of engineered lumber, prefabricated components and advanced framing techniques,
new homes are sturdier and have a longer shelf life.Source: Susan Brady | NewHomeSource.com
ACTIVE
COVER HOME | 3305 S. Trenton | New Construction | $699,000Huge pantry off kitchen, master bedroom on main floor w/laundry room, 2 bedrooms with game room up. Or game room could be
4th bedroom, plus it has a closet. Covered patio, kitchen has center island and Kitchen Aid professional stainless appliances. A must see!
New Construction Currently For Sale
ACTIVE
7903 S. Frisco | Stone Brooke Estates | $1,300,000New construction home features all the latest! 20’ entry with wrought iron door and staircase. Thermador commercial appliances, 3 laundry rooms,
master has built in TV behind mirror and radiant heated flooring, hickory wood floor, wine room and a separate coffee bar, covered patios w/fireplace.