South Tulsa Luxury Homes for Sale!

Some of South Tulsa's Finest Luxury Homes for Sale...

New Construction in Gated Luxury Neighborhood!

12204 South 68th East Avenue
Woodmere Addition in Bixby, Oklahoma
$935,000

5 Bedrooms
4 Full 1 Half Baths
4 Car Garage
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European Designed Home in Gated Community!

6010 East 117th Street
River Oaks Addition in Bixby, Oklahoma
$2,500,000

5 Bedrooms
5 Full 2 Half Bathrooms
4 Car Garage

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Magnificent Gated Estate!

777 West 106th Street
The Estates at Stone Bluff in Jenks, Oklahoma
$2,999,000

5 Bedrooms
7 Full 1 Half Bathrooms
3 Car Garage

For more information on any of these Tulsa, Oklahoma area luxury homes or to buy or sell your home in the Tulsa, Oklahoma area, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com

New Luxury Listing...

Extraordinary Mediterranean Style Residence!

720 West 108th Place
Jenks, OK. in Aberdeen Falls

$1,695,000

5 Bedrooms
5 Full 1 Half Bathrooms
4 Car Garage

Extraordinary Mediterranean Style Residence, Classic & Stately.
Be Prepared to Enter a World of Opulence Exceeding Every Buyers
Expectations in Architectural Design, Craftsmanship & Attention to Detail!

To buy or sell a luxury property in the Tulsa, OK area, contact Kelly Howard of McGraw Realtors at 918-230-6341 or www.kellyhowardhomes.com.

Are There Vultures Looking for Luxury Real Estate?!?!

According to an article found on CNNMoney.com, George Graham, former director of Fortress, a hedge fund, partnered up with one of the auction houses that works closely with Sotheby's International Realty and several other auction houses to sell Luxury Real Estate. Concierge Auctions was formed.

Concierge Auctions' goal appears to be to take advantage of the failing real estate market and auction off luxury real estate. They tell luxury homeowners that their home won't sell via a traditional real estate market for years so it is better to auction off their home and make something off of it instead of ending up in foreclosure. They are also hoping to get in with banks all across the country. Since many luxury homeowners are unable to handle the mortgage, the property is entering foreclosure. The lenders are then stuck with homes that they are often unable to sell for market value. By getting in with the lenders, Concierge hopes to auction off these homes and make a cut of the final sales price. (To read the complete article, "Luxury Real Estate Vultures" (9-18-09), by Katie Benner, click here.)

For information on luxury real estate in the Tulsa, OK area or to sell or buy a luxury home, contact Peter McGraw of the Tulsa Luxury Property Group of McGraw Realtors at 918-592-6000 or www.tulsaluxurypropertygroup.com.

New Luxury Real Estate Investors!

Foreign investors have been particularly interested in luxury real estate since the US economy and dollar have declined. They are able to purchase real estate in many areas of the US for half of what they would have paid a few years ago. The currency in countries such as Brazil, Canada, and France is stonger than the dollar. Foreign investors from these countries are buying luxury condo's in cities like Las Vegas, Miami, and New York City. They also buy in Texas, Arizona, and California.

For more information on the Tulsa, Oklahoma area Luxury Real Estate Market, contact the Tulsa Luxury Property Group of McGraw Realtors at www.tulsaluxurypropertygroup.com.