Sunday, September 07, 2008

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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We are always eager to assist your friends in buying and selling real estate.

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