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Thursday, January 7, 2010

Tulsa Real Estate Market Conditions - The Best of 2009 News Headlines


Tulsa Real Estate Market ConditionsOklahoma is more than "OK" in our eyes! Tulsa is a city that boasts affordable new home prices, low interest rates, and a great tax rebate for first-time home buyers, also provides affordable new homes for sale within a city with a growing economy. With a double-digit job growth, it is no surprise that Tulsa real estate market conditions of 2009 were ranked among the healthiest housing markets and an appearance of recovery before many other real estate markets. Below is a list of just some of the great news that came out about Tulsa's growing economy and the real estate market in 2009.



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Tuesday, May 5, 2009

Simmons Homes Ranks 201 on Building Giants List

building_giantsI have more good news! The new rankings for Building Giants were just released by Professional Builder and Simmons Homes came in at 201. This is up 69 spots from the 270 rank last year.

Other larger builders in Oklahoma, like Ideal Homes and Home Creations also moved up the list this year. While we would all like to attribute this to our solid business plans - I think that it is largely due to our strong and stable market. We all took a big jump while other builders, in less than strong economies, fell backwards.

Here at Simmons Homes, we strive to create a home that meets our customers’ needs and is relevant to the marketplace -but at the end of the day - we can't manipulate the need for housing. This is created by strong job growth and a robust economy. So, while we do pat ourselves on the back a little - we like to give most of the credit to our vibrant city.

You can view the rankings in detail here >>

GIANT 400 METHODOLOGY
The list of the Giant 400 is based on a two-step process. First we identify the 400 largest builders based on the number of housing units closed in the previous year. (For 2008, the last --or 400th-- company listed as a result of this first sorting built 82 homes in 2007.) Then we sort those 400 builders by housing revenues. It is the housing revenue that determines the actual ranking number for those companies. This dual criteria of units and housing revenues, we feel, best defines the Giants of housing. The process does, however, eliminate some builders with revenues greater than the 400th Giant, but with fewer unit closings.

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Wednesday, April 29, 2009

Video Post - Rickey Hayes on City Quality of Life

In our latest "Meet the Experts" video interview series, we talk with Rickey Hayes from Retail Attractions about what makes our cities in Oklahoma a great place to call home.

Click Here to view more videos from the series




Rickey Hayes founded Retail Attractions in 2007 to provide a suite of services to the retail development world, including cities, developers, retailers, site selectors, economic development trusts and authorities. Communities and their citizens benefit when national retailers and restaurants, quality residential developments, and state of the art health care facilities choose to locate in their city. Developers and retailers benefit from choosing a location in a Retail Attractions client city because the process is smooth and efficient. Sites are pre-screened and quality market data made available.

Before starting Retail Attractions, Rickey served as the Economic Development Director for the City of Owasso, Oklahoma for six years. During that time, the city experienced tremendous growth in both commercial and residential investment. The city's sales tax base more than doubled. New commercial construction during his tenure totaled more than 4.2 million square feet with over a quarter of a billion dollars in total value. Since beginning Retail Attractions, LLC, our partner cities have seen another 1 million square feet of new retail development, along with the corresponding sales tax revenue that comes with new retail sales.

For more details - visit www.retailattractions.com

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Sunday, April 5, 2009

Tulsa Ranks #5 in Forbes' America's Most Livable Cities

More great news for Tulsa! Forbes.com recently release its list of "Most Livable Cities" and coming in at #5 is our great city!

The article starts off with:


Looking to for a better way of life? Start your search with these places.


I just love all the positive news. We keep showing up on these lists year after year. What things do you think make Tulsa "livable"?

Here are the stats for Tulsa:

Metro Population: 910,000
Income Growth: 4.9% (No. 50 of 379)
Cost of Living Index: 90.6 (No. 171 of 379)
Culture Index: 72 (No. 105 of 379)
Crime per 100,000: 4,462 (No. 250 of 379)
Unemployment: 5.6% (No. 21 of 379)

View the article here

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