My New Blog

Happy July 4th from Oklahoma City
July 4th, 2007 12:15 PM
Yes I know I am not supposed to be working, but if I keep typing I can avoid eating carcinogens in the great American hot dog. Life is good here. No rain for two days! Construction can commence which will make our dirt phase buyers happy. Rentals are going great. Even with renewals that are the greatest at the end of June, we still have a 96% current occupancy rate and an average of 45 days on the market as a year round figure. This normally is around 28 days in the best rental months. Even better news is that we have had a yearly rental appreciation of 8%. When we started closing in early 2005 with very few homes we had high rents, but like all territories, as more rentals come on the market rents start to depress and then they stabilize. We have had a good base rent, but because we have been diligent in not overselling any areas, and with a high occupancy rate, we are working on increasing the rental rates even more. It is not enough for a Realtor who sells investments to get you into good neighborhoods, it is also our duty to follow the ICG plan of protecting investors who have already bought. We like to keep making sales obviously, but not at your expense. I am bringing some unique investment opportunities to San Francisco for the ICG seminar on the 14th, and I have come up with some terrific financing terms which i think you will be excited about. The hell with typing an avoiding that hot dog. It may not be good for me but it sure taste good.  

Posted by Joe Pryor on July 4th, 2007 12:15 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Redbud Realty & Associates
Phone:

Staff Profiles | Find A Home! | For Buyers | News | Real Estate Glossary | Our Homes | Selling Your Home | Our Featured Homes | Home | OKC MLS Property Search | Site Map | My Blog

Copyright © 2010 Redbud Realty & Associates
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: