Premiere Oklahoma Moving Company – 405-445-7637

Oklahoma City Thunder star Kevin Durant is selling the home he bought in 2011 for $1.95 million, according to Realtor.com.  The property consists of a main house, a guest house, and a pool. Combined, it is 5,545 square feet of living space and the property has five bedrooms (three in the main home and two in the guest house) and four bathrooms. The Oklahoma City residential movers have learned that the home is located in the gated community of Club Villa in Gaillardia.

Indoors, the main home sports vaulted ceilings with exposed beams, hardwood flooring and a contemporary spiral staircase. A chef’s kitchen comes complete with stainless steel appliances and a breakfast bar. The guest house has its own kitchen as well as a home theater.

So why is Durant selling? Reports have shown that he recently purchased two properties—a pair of brownstones in Deep Duece which is located near the Chesapeake Energy Arena. That duo set the basketball star back $1.769 million. The two residences, which will be combined into one 7,400-square-foot spread, is also a short walk away from Durant’s new Bricktown restaurant, which is set to open later this year.

In Enid, Oklahoma, housing is seemingly at a standstill. Despite rocketing demand, there are no builders embarking on new projects in the area, according to the NewsOK site. The new housing construction market is one that has just dried up in Enid following the housing bust, when many developers were forced to close up shop in the area. The current situation in Enid is basically high demand with no one to build anything. The Enid local movers have decided to research the situation a little and see what the solution could be for the coming months.

The limitations on housing have an impact on more than just home building, according to experts. Rentals, businesses and hiring procedures are all affected by lack of housing. If there is nowhere for employees to live, the company will suffer. If the homes were built, the demand is so high that many are confident that 330 homes and 400 rentals would easily be filled if made available. A mixed use project is being proposed by local developers called Stonebridge Village, which would be comprised of residential, commercial, and multifamily spaces.

It’s important to note that the growth in Enid is not a fluke or transient—many believe that Enid is growing and the residential elements need to be in place to facilitate that growth.

One issue that seems to constantly plague the veterans of this country is the lack of housing availability or job stability once they have returned from war. The group Purple Heart Homes has now begun a campaign to help get these veterans into homes that they deserve. With the help of Army Family Council and the Southwest Oklahoma Continuum of Care, the Purple Heart Homes group was created by vets for vets and has a goal of creating a stable community here in Oklahoma. The group has already made a significant impact on the East Coast through developments like transitional housing and helping veterans to qualify for home ownership loans and go through education on maintaining their mortgages to avoid future homelessness.

The Oklahoma City movers have found that foreclosed homes and empty lots in the area are great target areas for developing into housing space for the veteran housing. The area that appeals the most with this space is in Lawton, Oklahoma. Community involvement is a big factor in the success of these projects, and the group encourages community members to refer any veterans to the program.

You can learn more about the Purple Heart Homes group here.

Apartments are a hot commodity in the Oklahoma City area, according to a report from Commercial Realty Resources Company of Norman, OK. With the demand up for apartments, owning complexes has become a viable investment in the area. Demand from out of state investors is keeping sale prices high for existing complexes in the area. The Norman local movers have found that the local metro multi-family property investment market is gaining in competitiveness and developers are in an interesting position. For the first time since the recession, developers can build new complexes for less than it would cost to buy comparable existing properties.

It has certainly become an issue of supply and demand for the area, as the market is disproportionate. There are not enough apartments in the area to appease the demand from an investor angle. For their own reasons, investors really want to be in Oklahoma and purchase properties that have existing tenants and incoming revenue. Prices are high and will likely remain high as competing potential investors are willing to pay higher prices to beat out rivaling investors.

According to Trulia.com, there are a few real estate markets in the country that outshine the others. One of these top 25 markets is in fact Oklahoma City, something we are certainly excited to share! The Oklahoma City real estate market has a lot going for it, making it an ideal place for you to buy a home. From April 13-June 13th of this year, the median sales price for Oklahoma City was $126,000. While this is an 0.8 percent increase, it still is an average drastically lower than the national average for home sales.

The Enid local movers have found the average price per square foot in the Oklahoma City area is $83, which is a 6.4 percent increase from the same time in 2012. The most popular neighborhoods in Oklahoma City include Gatewood UCD, Woodland Park, Shepherd Historic District, the Greens, Cleveland UCD, and Quail Creek. The good news is expected to continue too–the local market is forecast to grow 4.3 percent for the remainder of 2013.

Recent data analyzed brought some interesting news to light regarding vacant properties around the Oklahoma City area. According to a study commissioned by the city, there are more than 12,000 homes vacant in the Oklahoma City metro that are costing taxpayers millions of dollars each year. Blighted homes are running amok all over the city, with blocks of properties neglected, boarded up, and left to rot. The Enid movers have concern for the future of these areas, as the longer a neighborhood sits vacant the more it slips into becoming a slum area with drug, gang, and police activity becoming regular occurrences.

The new study shares that vacant properties in this volume cost the taxpayers $6.5 million. Additionally, living next door to an abandoned home can reduce property values by 29 percent, making it a problem that is far bigger than simply an eyesore.

Oklahoma City’s historic homes are seeing their values increase at a stable rate, according to a recent article that highlights local sales data and other figured compiled by Preservation Oklahoma, Inc. and the State Historic Preservation Office. While some are hesitant to purchase older homes, the historic homes of Oklahoma City’s Quail Creek have appreciated over time and prices for selling these properties have gone up 69 percent over the last 20 years.

While there are more maintenance and repairs to be done on older homes, you can have a smart take on what’s got to be repaired by having the property assessed by an inspector. The Oklahoma City residential movers have found that some common repairs, such as removing lead-based paint, will likely have to occur, the older homes are built with sustainability in mind and have lasted through decades of tough love.

Foreclosure auctions tapered off significantly in May due to the tornadoes that hit the area recently. The sharp decline in auctions came on the tail end of three months of booming auctions. While the inventory still remains that needs to be unloaded via auction, the May reporting posted a 47 percent decline from April 2013. Homes beginning the foreclosure process were also down, and compared to May 2012 the starts were 30% lower. Default notices were 11 percent lower than April 2013.

The local Oklahoma movers have found that 1 in every 1,475 homes in Oklahoma had a foreclosure filing in May, which is lower than the national average of 1 in every 885 homes. In addition to foreclosed properties, there were about 4,000 homes destroyed by the tornadoes and an additional 10,000 damaged. There is certainly not enough places to live or rent, and churches are taking in residents of the area.

The 6th annual list of top cities in the US for recent college graduates has been released by Apartments.com, and Oklahoma City is #7 on that list. Various aspects of city living were factored in to create the list, such as average 1 bedroom rental costs, employment opportunity, career success, average salary, culture, and energy. The full list is as follows:

1. Phoenix, AZ

2. Orlando, FL

3. San Antonio, TX

4. Columbus, OH

5. Austin, TX

6. Raleigh, NC

7. Oklahoma City, OK

8. Fort Worth, TX

9. Dallas, TX

10. Minneapolis. MN

The Oklahoma City local movers have learned that the study pulled data from 100 cities throughout the US to compare and ultimately narrow down to 10 cities. If you are a recent graduate, or know one, why not tell them to look into Oklahoma City for their career? We’d love to have you!

The amount of actual foreclosures entering the system in Oklahoma might be down, but the amount of foreclosure auctions featuring homes already in the system is a growing phenomenon in the Oklahoma region. For April 2013, the amount of foreclosure starts for Oklahoma was down 46 percent, but scheduled foreclosure auctions and bank repossessions were both higher than data that April 2012 posted. The Oklahoma City local movers have found that our metro ranks No.105 of metros with 200,000 residents or more in terms of foreclosure filings, and that our metro is also situated below the national average.

The annual increase in Oklahoma City foreclosures was attributed to the scheduled foreclosure auctions that are slated for this year. Although the property’s up for grabs are not newly listed, they are still foreclosures and therefore contribute to the genre’s activity.