What Does This Mean?
Sellers:
Under $50,000: congratulations! Your home should sell quickly at a good price.
$50,000 to $500,000: It's a buyer's market. You need to price your home aggressively and make sure it presents well to stand out from the crowd.
$500,000 and up: It could take nearly 2 years to sell your house. You need to be very aggressive in your pricing, and make any price reductions early and aggressive. I you try to chase the market, you'll either not sell or sell for much less than you could have.
Buyers:
Under $50,000: It's a sellers market. You won't see lots of price reductions or seller concessions. You can easily get into multiple offers on good property.
$50,000 to $500,000: Look for the values in pricing. You can expect seller concessions.
$500,000 and up: You should really be able to get a deal here. Sellers are having to make large price reductions and/or concessions to make a deal.
Originally posted at Oklahoma City Real Estate Blog
Submitted by OKCHomeSeller's Posterous via email from http://okchomeseller.posterous.com/hows-the-market-oklahoma-city
[/caption] The OKCHomeSellers Team is holding an open house Sunday June 26th 2011 at 2104 Polly Place in Guthrie. This 1,227 square foot home has 3 beds and 1½ baths and sits on a third acre lot. Brent Weber will hold the home 
[/caption] First time open! The OKCHomeSellers Team is holding an open house Sunday June 26th 2011 at 10909 Maple Grove in Oklahoma City. This is just west of N May Avenue on Hefner. This 2,480 square foot home has 4 bedrooms and 2½ baths. The home has been extensively remodeled. It is priced at $218,000. David Franke will be holding this home open from 2:00 - 4:00 Sunday. Please stop by. [idx-listing mlsnumber="459543" showall="true"] 
[/caption] First time open! The OKCHomeSellers Team is holding an open house this Sunday, June 26th 2011 in Saint Andrews Court Condos near NW 122nd and Lake Hefner Parkway. This 1,754 square foot condo has 2 bedrooms, 2 baths plus study. It's in Saint Andrews Court, a gated condo community just outside 
[/caption] We're holding an open house this Sunday, June 26th 2011 at 4701 NW 158th Street, Edmond OK, in the Lone Oak Creek addition. This new listing has 1,977 square feet with 4 beds, 2 baths and a nook-study. Enjoy a gated community, Deer Creek Schools and a well appointed, like-new home. Heather Wall is hosting Sunday, please stop by from 2:00 - 4:00. 
[idx-listing mlsnumber="457319" showschools="true" showextradetails="true" showfeatures="true" showlocation="true"] 
[/caption] The OKCHomeSellers Team is holding an open house this weekend at 5644 NW 103rd Street, Oklahoma City, in the Whitehall addition on Sunday June 26th. This is a beautiful home consisting of 2,782 square feet with 4 beds and 3 baths along with 2 living areas. The home is maintained impeccably. Additionally, the yard is simply spectacular! Please stop by between 2:00 and 5:00 Sunday to see for yourself! [idx-listing mlsnumber="454041" showschools="true" showextradetails="true" showfeatures="true" showlocation="true"] 
Two homes in Muirfield Village will be open this weekend, Saturday and Sunday the 4th and 5th of June from 1:00 to 5:00 each day. Directions are from NW 162nd and May Avenue, go west on NW 162nd through the gates into Muirfield Village.
The price of this beautiful Whitehall home has just been reduced to $299,000 and represents a great buy for this Whitehall home! A former Rick Russell Parade of Homes property, this home offers 2,782 square feet with 4 beds, 3 baths and 2 living areas. The back yard is a true oasis with koi pond and beautiful gardens. There will be an open house this Sunday, June 26, 2011 from 2:00 - 4:00. Plan on stopping by and seeing the great value in this home! [idx-listing mlsnumber="454041" showall="true"] 
For me, one of Bill Clinton's finest hours was when he signed the Electronic Signatures in Global and National Commerce Act, popularly known as the E-Sign Act. This was on June 30th, 2000. Under E-Sign, digital signatures used in interstate and foreign commerce assumed the same legally binding status as old-fashioned, handwritten signatures. I was thrilled! Real estate is a paper business. Electronic signatures make my business and my client's life much simpler. Not to mention Green. Think about it. No faxing/emailing, printing out, signing, then scanning/faxing. Or driving around all over town to gather signatures. Arriving at the final document which was unreadable by anyone. We had to include an unsigned copy so everyone could read it. Oklahoma was slower to act. Our former attorney general, Drew Edmondson seemed to like ink and unreadable copies also as he deemed electronic signatures illegal in this state. I don't think anyone was happier than me to see him leave office. Finally in April of this year the legislature passed and governor signed into law, e-signatures for Oklahomans. We're in the 21st Century now!
I was a little surprised, I think this puts Oklahoma City among some pretty heady cities! 
[/caption] The OKCHomeSellers Team is holding an open house this weekend at 5644 NW 103rd Street, Oklahoma City, in the Whitehall addition on Sunday June 5th as a part of the 
13200 Oakcliffe Road in Quail Creek will be open this Sunday June 5th from 2:00 - 5:00. This is a great garden home on the Quail Creek golf course. What a great view. This home is listed for $330,000. Hosted Sunday by Bob Clark. [idx-listing mlsnumber="450187" showfeatures="true" showlocation="true"] 
The OKCHomeSellers Team is joining the Oklahoma City Metro Association of Realtors and other local and state associations by holding the 2nd annual National Open House this weekend, June 4th and 5th. We will be posting our specific open houses subsequent to this post. You can always see our current open houses on our