Charter Oak One-of-kind Home

7531 South Granite Court is one of the best homes I have seen in a long time. The house has an exit sign from the historic Mayo hotel in Tulsa and a tile from the house where JFK and Marilyn Monroe had their fling. This a piece of real estate worth viewing! Offered for sale for $549,000 USD. Call 740-0077 for an appointment.

Junior Achievement Biz Town Opens

Junior Achievement opens Biz Town with rave reviews from parents and students. Students learn in an incredibly real environment how economics work in our community. Photos of Mills Elementary students from Owasso, OK can be seen here http://gallery.me.com/darrylbaskin#100132. McGraw Realtors, State Farm Insurance, QuikTrip, and the Schusterman Foundation are among sponsors of BizTown.

To volunteer to be a classroom instructor or become involved in Junior Achievement, visit www.ja.org. I have been a classroom teacher for many years and find it one of the most rewarding volunteer efforts I am involved in.

Running Into an Old Friend

I was attending the groundbreaking ceremony for the new TTCU (Tulsa Teacher’s Credit Union) at 136th and South Memorial in Bixby and I looked across the crowd and saw a familiar face. I just wasn’t sure who the personal was – one of those moments. I later stepped over and asked. It was Georgia, a former employee of Continental Federal Savings and Loan (a victim of the Savings and Loan crisis once located in at 71st and Memorial where Mid First Bank is now located) who used to handle my father’s banking in the 1980’s and who now works for TTCU. Twenty five years later I see a friendly face I hadn’t seen in long time. We both remembered!

Absent Home Sellers

More and more home sale closings are held without the home seller present. In many cases, I have not even met my clients face to face. I snapped this photo to send to my home seller to let them see what their home buyer looked like and send them confirmation closing had occurred.

Home sellers are more often out of town due to the economic circumstances of late. Also, technology has sped up the process of getting documents signed. This has become a preferred method of closing the sale for many home sellers.

Flood Control Improves Neighborhoods

Fred Creek, which winds behind Oral Roberts University and Walnut Creek subdivision, is getting a new face and being transformed from a ditch to a manicured and attractive waterway. This view is from the back of Esplanade at 74th and South Lewis which is approximately one-half mile north of ORU.

Claremore Chili Festival

Preparing for a taste test: Tonya Raper prepares to taste Chili
Master, Domino Ireland's entry into the 2008 Claremore Chili Festival
and Competition.

Charter Oak Interior View

7531 South Granite Court in Charter Oak subdivision in Tulsa, OKlahoma is one of the most unique and inspiring homes in Southern Tulsa. It is custom designed and often studied by architectural students. The home is for sale by McGraw Realtors, Brad Popejoy. The curreent price is $535,000 USD

Home Prices Increase - Home Sales Drop

While the average sales price of residential real estate has increased in Tulsa, OK, the number of houses selling has declined sharply this year. According to data from the NORES, the Tulsa real estate MLS, the number of closed transactions through the month of August 2008 was 7,436. This is a drop of over 1,200 home sales and 17% of the total activity from the previous year. This is not the end of the world for home sellers but it has change how the game is played. For more information about the Tulsa OK area real estate market and real estate for sale in Tulsa, OK, visit www.darrylbaskin.com.

If you are planning to sell your home soon, browse the articles and knowledge database at www.darrylbaskin.com/sellers or listen to The Future of Real Estate on News/Talk 750 KRMG Saturday afternoons at 12:30.

Government Bails US Out - Good News or Bad

Hooray!! The government is bailing out Fannie Mae and Freddie Mac from financial disaster.  While the news is being spun as a positive move, the government is fundamentally bailing us out from our own greed and lack of self control.  This isn’t going to have a happy ending.   CNN doesn’t acknowledge this in their “happy day” report but they don’t seem to readily acknowledge the full truth on anything else either.  Here’s the real problem:  We, as tax payers, are the government’s funding and this creates government control (which is terribly inefficient) of one more facet of the lives of American citizens.  To be fair, government has a crucial role for many things AND this bail-out is likely an unavoidable option.  But let me go on the record to say that unless this bail out has a sunset date to return Fannie Mae and Freddie Mac back to the private sector with revised regulation to prevent future occurrences, our children will have the right to blame us for the government control and bureaucracy we have created for them.  Oh well, I guess it’s time to adopt the philosophy of our many irresponsible politicians; Someone else will have to deal with it and I won’t be here to take the blame... So let’s make hay!

Read the CNN report here: http://money.cnn.com/2008/09/07/news/economy/fannie_homeowners/index.htm?postversion=2008090716

German Business Group Visits Tulsa

Fifteen German business men and women visited Tulsa to better understand American business systems, customs,  and practices. Of their stops, one included McGraw Realtors where Darryl Baskin explained the current market trends for real estate.  The German visitors questioned American’s highly leveraged home ownership which is less common in Germany.  This has, of course, played a major role in the nation’s real estate crisis.  Interestingly, not all American cities are in this position.  New York, for example, has a higher cash requirement for most of its real estate sales due to condominium and common ownership arrangements.  New York City has suffered less impact from the national real estate crisis for this very reason.  Darryl was pleased to explain to the group that Tulsa was also weathering the storm much better than most areas due to the controlled appreciation since Tulsa was not a participant in the real estate “Bubble.”


Darryl Baskin
The Baskin Real Estate Specialists
of McGraw Realtors
308 N. Aspen Ave.
Broken Arrow, OK 74012

918-258-2600 office
918-398-5110 fax
918-740-0077 cell

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Bixby Drops Title of "Flood Land"

City State and Federal government leaders dedicated a completed flood management project which has already proven effective handling runoff water and keeping once flood-prone areas of Bixby above water.  Senator Jim Inhofe was present for the dedication and was instrumental in obtaining funds to make the project possible.  The ceremony was held at Charley Young Park in downtown Bixby.  In attendance were Tom Daniels, Jim Coffey, City Manager Mickey Webb, Mayor Ray Bowen, and business leaders.