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Thank God there was not any more loss in life than there was.  I wonder how so many people made it riding it out in a closet/bathroom etc.  Where do I start?  I believe the tornado just hit the Reset Button for many things concerning real estate.  There was just one lot left at the Country Club before the tornado, now there are several and more to come, as soon folks settle with their insurance.  Several older residents have taken this time to downsize and sell their lots.  Many younger residents who had bought elsewhere in town will now be able to find a lot to build on.   Some residents decided to move on and buy elsewhere, but most are building back and most are building back bigger and better.  I believe Eagle Circle is going to look more upper end

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While looking at real estate in the towns of Weatherford, Clinton, Sayre, Canute and/or Elk City during the Labor Day weekend, you might want to stop and enjoy the Friday night Football games.  Merritt has a home game on Friday, September 1; Clinton has a home game versus Woodward on Friday; Sayre has a home game versus Mooreland on Friday; however, Elk City will be playing at Frederick on Friday night. 

 Elk City doesn’t have a home game, but the 79th Rodeo of Champions is at the Beutler Brothes Arena in Ackley Park and will begin at 8:00 P.M.  on September 1.  This is a PRCA rodeo and has the following 7 events:  bareback, tie down roping; steer wrestling, saddle bronc, team roping, women’s barrel racing, and bull riding. 

 On Saturday

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Everybody knows in Elk City our economy, for better or worse, is tied to the oil patch.  Luckily, our housing market has been extremely resilient in the wake of $40.00 per barrel oil.  Our Achilles heel- a lack of sufficient lots in which to build new construction homes- has been our saving grace.  We did not over build because we could not, leading to questions of home value.  So, what is your house in Elk City worth now, as opposed to 2 years ago?  Well, it is worth less, however, not that much less.  If you bought around 5 years ago you are more than likely still in the green, excepting one looming factor.  Is your home up to date?  Does it have shag carpet or gold fixtures?  Paneling or popcorn ceilings?  This major factor is what has changed the

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Did you know that 31% of homebuyers in the US are millennials?

I was recently reading an article that spoke about millennial buyers in our market. What I found interesting is that there’s no mention of what this means for sellers, so here’s my take on it:
 
  • Most millennials are not looking for a fixer-upper. Making modern updates, like adding new fixtures, to your home will not only raise your home’s value, but make it desirable to this group.
     
  • Transitioning rooms into spaces that can function as home offices that these young buyers can envision themselves working in, rather than focusing on things like nurseries, is one way to make your home relevant towards their needs.
     
  • Millennials are looking to make an investment through their first home, so
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It has become ever more increasing to meet with sellers to go over the value of their home before placing it on the market, and they have already done some home work with Zillow obtaining a "Zestimate."  Part of the time Zillow has been relatively close, but more often than not Zillow has missed it significantly.    There are three glaring reasons why Zillow just can't get it.  Zillow does not take into consideration the properties LOCATION.  Zillow does not take into consideration the properties CONDITION.  Zillow does not take into consideration the properties UPGRADES.  If you have bought the immaculate house that over looks the park with granite everything, hard wood flooring, walk in tile shower and plantation shutters, then you are out of luck,

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