10
F REAL ESTATE SATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COM INDEX Stone 5F Permits 8-9F HOUSE PLAN Traditional look Technically, the Ardella is a single-story ranch-style plan, but the custom brickwork that covers the front facade makes it look more traditional. PAGE 3F LISTING OF THE WEEK Cabin look The Listing of the Week is an unusual 1925 log cabin that was incorporated into a two-story house in the 1940s and renovated this year in the Silver Lake area west of Lake Hefner. PAGE 3F Where did equity go? Is there much home equity left after the wealth-killing reces- sion and real estate bust? Where is it? Who’s got it? You might be surprised. PAGE 4F Kenneth Harney THE NATION’S HOUSING IN BRIEF GARDENING MADE EASY The Click and Grow container takes the gardener out of gardening. The high- tech flowerpot uses sensors, a processor and software to care for a house plant automatically. All the gardener has to do is add water to the pot’s reservoir every month or two and change the batteries periodically. The plant grows from seed in a soilless medium in a car- tridge inserted into the container. The basic pot sells for about $80 plus ship- ping at www.click- andgrow.com. It comes with a car- tridge of Busy Lizzy (impatiens) seeds. Additional plant cartridges cost about $7 to $11 each. The company is based in Estonia, so prices are given in Euros. The cost in American dollars varies with the ex- change rate. BOOK AIDS IN PROJECT Break out the Quik- rete. “Concrete Gar- den Projects” will get your creative juices flowing. The book, by Swedish designers Malin Nilsson and Camilla Arvidsson, guides readers on using ready-mix concrete to create garden accents. Projects include practical items such as plant containers and planting benches, as well as decorative pieces such as gar- den art and even a tick-tack-toe set. “Concrete Garden Projects: Easy & Inexpensive Contain- ers, Furniture, Water Features & More” is published by Timber Press and sells for $19.95 in paperback. MCT INFORMATION SERVICES Before Tom Early took a 10-day vacation recently, he stopped by three neigh- bors’ homes to say good- bye and give them keys to his property. They greeted him warmly, promising to look after his place during his absence. Their assur- ances let him travel with a freer mind. In an insecure world, Early, a seasoned real es- tate broker, said more homebuyers crave a com- munity like his. “Most people are much happier living in a place where folks are interactive and keep an eye out for in- truders,” he said. Early, a former presi- dent of the National Asso- ciation of Exclusive Buyer Agents (www.naeba.org), said it’s not easy for home- buyers to figure out which community will be friend- ly. But he insists there are several ways to get clues about a neighborhood’s culture, and whether it’s going to be easy to form trusting relationships. For example, in a neigh- borhood with many school-age children, a lo- cal school can serve as a gathering place. Alternatively, a country club or golf course could be the glue that holds a com- munity of retirees togeth- er. In addition, parks and playgrounds can serve as a magnet for residents. Here are a few pointers for homebuyers seeking a mutually supportive com- munity: I Look for a neighbor- hood school with active parent involvement. Schools with many ac- tive parent volunteers can make for stronger com- munity bonds, helping residents of all ages feel safer and more connected, said Ashley Richardson, a real estate agent affiliated with the Council of Resi- dential Specialists (www.crs.com). How does a strong school help bring residents together? Richardson said this typically occurs through a committed parent-teacher organization. To find out if a neigh- borhood has such a solid group, she recommends you visit the school and ask for the names and numbers of several parent activists and contact them. I Explore the “person- ality” of any community that interests you. Richardson said that like people, some neighbor- hoods have personalities that don’t work out well for people who want close ties. To learn more about the social culture of a neigh- borhood, Richardson rec- ommends you go door to door, striking up conver- sations with residents and asking open-ended ques- tions about what it’s like living there. I Consider buying into a brand-new subdivision. Many people believe that new subdivisions are sterile, unhappy places. But Early, the real estate broker, recommends that those interested in finding a friendly community not automatically reject a newly built one on that as- sumption. “Where everyone is new, they’re open to new relationships being built. They’re all pioneers who need mutual support to get established,” Early said. I Realize that to have neighborhood friends you must put out the effort. “You have to reach out to others, not just wait for them to come to you. One good way to do that is to have a neighborhood housewarming party as soon as you move in,” Richardson said. Another strategy to as- similate into a new neigh- borhood involves volun- teer work on civic projects, like planting flowers at the entry to the community or promoting better play- ground equipment at the neighborhood school. To contact Ellen James Martin, email her at [email protected]. UNIVERSAL UCLICK Tips help homeowners find safer communities Ellen James Martin SMART MOVES The light blinked on for builder Kenyon Woods last January dur- ing the International Builders Show. “They were showing us houses from Colorado and places like that, so that kind of sparked my interest in doing something like that,” said Woods, 36. “Something like that” was home designs mixing stone and wood exteriors, clean lines, big columns and spacious front porches — elements drawn from the Craftsman-style designs that gained popularity in the late 19th and early 20th centuries, features that have cycled in and out of pop- ularity since. For Woods, though, the appeal that struck him at the big trade show in Orlando, Fla., was far simpler: “Something different from all brick all the time.” BUILDER’S HOMES ARE MORE THAN JUST ANOTHER BRICK IN THE WALL Brandi and Kenyon Woods, of Authentic Custom Homes, stand in front of a Craftsman-like house the company built at 2312 NW 194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN This view shows the two-door, walk-in master closet at 2312 NW 194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN BY DYRINDA TYSON Special Correspondent [email protected] SEE HOMES, PAGE 2F

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Page 1: The Oklahoman Real Estate

FREAL ESTATESATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COM

INDEX

Stone 5FPermits 8-9F

HOUSE PLAN

Traditional lookTechnically, the Ardella is asingle-story ranch-style plan,but the custom brickwork thatcovers the front facade makesit look more traditional.PAGE 3F

LISTING OF THE WEEK

Cabin lookThe Listing of the Week isan unusual 1925 log cabinthat was incorporated intoa two-story house in the1940s and renovated thisyear in the Silver Lake areawest of Lake Hefner.

PAGE 3F

Where didequity go?Is there much homeequity left after thewealth-killing reces-sion and real estatebust? Where is it?Who’s got it? Youmight be surprised.

PAGE 4F

KennethHarney

THE NATION’S HOUSING

IN BRIEF

GARDENINGMADE EASYThe Click and Growcontainer takes thegardener out ofgardening. The high-tech flowerpot usessensors, a processorand software to carefor a house plantautomatically. All thegardener has to dois add water to thepot’s reservoir everymonth or two andchange the batteriesperiodically. Theplant grows fromseed in a soillessmedium in a car-tridge inserted intothe container. Thebasic pot sells forabout $80 plus ship-ping at www.click-andgrow.com. Itcomes with a car-tridge of Busy Lizzy(impatiens) seeds.Additional plantcartridges costabout $7 to $11 each.The company isbased in Estonia, soprices are given inEuros. The cost inAmerican dollarsvaries with the ex-change rate.

BOOK AIDSIN PROJECTBreak out the Quik-rete. “Concrete Gar-den Projects” willget your creativejuices flowing. Thebook, by Swedishdesigners MalinNilsson and CamillaArvidsson, guidesreaders on usingready-mix concreteto create gardenaccents. Projectsinclude practicalitems such as plantcontainers andplanting benches, aswell as decorativepieces such as gar-den art and even atick-tack-toe set.“Concrete GardenProjects: Easy &Inexpensive Contain-ers, Furniture, WaterFeatures & More” ispublished by TimberPress and sells for$19.95 in paperback.MCT INFORMATION SERVICES

Before Tom Early took a10-day vacation recently,he stopped by three neigh-bors’ homes to say good-bye and give them keys tohis property. They greetedhim warmly, promising tolook after his place duringhis absence. Their assur-ances let him travel with afreer mind.

In an insecure world,Early, a seasoned real es-tate broker, said morehomebuyers crave a com-munity like his.

“Most people are muchhappier living in a placewhere folks are interactiveand keep an eye out for in-truders,” he said.

Early, a former presi-dent of the National Asso-ciation of Exclusive BuyerAgents (www.naeba.org),said it’s not easy for home-buyers to figure out whichcommunity will be friend-ly. But he insists there areseveral ways to get clues

about a neighborhood’sculture, and whether it’sgoing to be easy to formtrusting relationships.

For example, in a neigh-borhood with manyschool-age children, a lo-cal school can serve as agathering place.

Alternatively, a countryclub or golf course could bethe glue that holds a com-munity of retirees togeth-er.

In addition, parks andplaygrounds can serve as amagnet for residents.

Here are a few pointersfor homebuyers seeking amutually supportive com-

munity:I Look for a neighbor-

hood school with activeparent involvement.

Schools with many ac-tive parent volunteers canmake for stronger com-munity bonds, helpingresidents of all ages feelsafer and more connected,said Ashley Richardson, areal estate agent affiliatedwith the Council of Resi-dential Specialists(www.crs.com).

How does a strongschool help bring residentstogether?

Richardson said thistypically occurs through acommitted parent-teacherorganization.

To find out if a neigh-borhood has such a solidgroup, she recommendsyou visit the school andask for the names andnumbers of several parentactivists and contactthem.

I Explore the “person-ality” of any communitythat interests you.

Richardson said that likepeople, some neighbor-hoods have personalitiesthat don’t work out wellfor people who want closeties.

To learn more about thesocial culture of a neigh-borhood, Richardson rec-ommends you go door todoor, striking up conver-sations with residents andasking open-ended ques-tions about what it’s likeliving there.

I Consider buying intoa brand-new subdivision.

Many people believethat new subdivisions aresterile, unhappy places.But Early, the real estatebroker, recommends thatthose interested in findinga friendly community notautomatically reject anewly built one on that as-sumption.

“Where everyone isnew, they’re open to newrelationships being built.They’re all pioneers whoneed mutual support to getestablished,” Early said.

I Realize that to haveneighborhood friends youmust put out the effort.

“You have to reach outto others, not just wait forthem to come to you. Onegood way to do that is tohave a neighborhoodhousewarming party assoon as you move in,”Richardson said.

Another strategy to as-similate into a new neigh-borhood involves volun-teer work on civic projects,like planting flowers at theentry to the community orpromoting better play-ground equipment at theneighborhood school.

To contact Ellen James Martin, emailher at [email protected].

UNIVERSAL UCLICK

Tips help homeowners find safer communitiesEllenJamesMartin

SMARTMOVES

The light blinked on for builderKenyon Woods last January dur-ing the International BuildersShow.

“They were showing us housesfrom Colorado and places likethat, so that kind of sparked myinterest in doing something likethat,” said Woods, 36.

“Something like that” washome designs mixing stone andwood exteriors, clean lines, bigcolumns and spacious frontporches — elements drawn fromthe Craftsman-style designs thatgained popularity in the late 19thand early 20th centuries, featuresthat have cycled in and out of pop-ularity since.

For Woods, though, the appealthat struck him at the big tradeshow in Orlando, Fla., was farsimpler: “Something differentfrom all brick all the time.”

BUILDER’S HOMES ARE MORE THANJUST ANOTHER BRICK IN THE WALL

Brandi and Kenyon Woods, of Authentic Custom Homes, stand in front of a Craftsman-like house the company built at 2312 NW 194.PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

This view shows the two-door, walk-in master closet at 2312 NW 194.PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

BY DYRINDA TYSONSpecial [email protected]

SEE HOMES, PAGE 2F

Page 2: The Oklahoman Real Estate

2F SATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Woods set to work on newdesigns last spring, and hiscompany, Authentic CustomHomes, has four homes “onthe ground,” said BrandiWoods, his wife and businesspartner.

One of the results, at 2312NW 194 in the Woodwindsaddition, features three bed-rooms and two baths in about1,600 square feet, though thelight streaming through theenormous (and low-e, Woodspoints out) windows may giveit a feeling of more space.

Earthy hues dominate as dothe clean lines, carried outthrough the cabinetry and thehigh-but-straight ceilings,though doorways offer aslight arch to soften the ef-fect.

“Even the windows — thewindows are square,” KenyonWoods said. “Everything is asstraight and clean as possi-ble.”

Brandi Woods, 33, said thedesigns took off immediately.

“Our very first one of theseis on the next street over, andbefore it was even finished itwas sold,” she said.

Another shopper inquiredabout that house and, findingit already sold, contractedwith Authentic CustomHomes to custom build theone on NW 194, choosing ArtDeco accents such as the lightfixtures to complement thehome’s Craftsmanesquelines.

The Woodses — bothChickasha natives and Uni-versity of Central Oklahomagraduates — started Authen-tic Custom Homes five yearsago, with Kenyon Woodspouring his previous homedesign work into the venture.

While the Woodses aren’tthe only ones buildingCraftsman-style homes inthe metro area — other build-ers are building larger ones for$300,000-plus — their ideais to offer the same style andquality for under $200,000.

So the floor plans areslimmed down a little, but thedelight may be in the stan-dard details: blown-in insu-lation, Dupont Tyvek House-Wrap and low-e windows,along with granite counter-tops in the kitchen and DeltaLeland faucets installedthroughout.

Focus on home’s ‘face’For Kenyon Woods, it starts

with the home’s public face.“I want to make sure this

really stands out as far as col-orwise,” he said.

There’s only one problem,he said. “People really lovebrick in Oklahoma.”

He said it’s been hard tochange minds. But the“wood” accenting the exte-rior is actually concreteboard, he said, which wears aswell as brick.

“It’s as good as brick,” hesaid. “It holds up just as wellas brick does and everythinglike that. It’s trying to getpeople over from bricks tothis. That’s been the mostdifficult part.”

And, Woods said, there’sthe misconception that brickhomes are more expensive tobuild than Craftsman-stylehomes.

“But, actually, thesehouses cost more to build be-cause of the Craftsman workoutside — building columns,putting up stone, things likethat,” he said.

It requires extra skilled la-bor, he said, but the resultsare worth it.

“You often get a betterlook,” he said. “When youdrive through this area, whichhouse is going to stand out toyou? And that’s what peopleare looking for. People wanttheir houses to stand out.”

Bigger front porches havegained in popularity lately,Brandi Woods said, with peo-ple “getting away from hav-ing these tiny little entries totheir house.”

It’s a throwback.“My mom, her mom, when

they were growing up, theyloved the front porch,” Ke-nyon Woods said. “We’rekind of getting back to that.Everything takes a cycle andcomes back, and I think we’regetting back to people likingthe bigger porch now.”

It seems to feed into anoverall trend of community-building, neighbors minglingwith neighbors, he said, “soinstead of being back there,people want to be out front,planting flowers, sitting onthe front porch.”

FROM PAGE 1F

Homes: Earthy hues and clean lines dominate design

Expanses of granite counter tops define the kitchen of the home by AuthenticCustom Homes at 2312 NW 194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

The fireplace mantel coordinates with wood flooring in the house at 2312 NW194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

Brandi Woods and Kenyon Woods of Authentic Custom Homes stand between the kitchen and living room going over a final check liston the house they built at 2312 NW 194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

Dark wood and granite are features of the masterbath in the house by Authentic Custom Homes at2312 NW 194. PHOTO BY PAUL B. SOUTHERLAND, THE OKLAHOMAN

Left: Masterbath in thehome at 2312NW 194.

PHOTO BYPAUL B.

SOUTHERLAND,THE OKLAHOMAN

Page 3: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, OCTOBER 1, 2011 3FREAL ESTATE

The Ardella is a versatile and multifa-ceted home. Technically, it’s a single-sto-ry ranch-style plan, but the custombrickwork that covers the front facadegives it a much more traditional appear-ance. What’s more, it could be viewed aseither a five-bedroom home with excel-lent separation of space, or a three-bed-room home with a linked mother-in-lawunit behind.

Raised brick detailing highlights boththe chimney and the bold column thatsupports a gently arched entry porch. In-side, the bedroom wing is straight ahead.An arched opening on the left feeds intothe vaulted living room, where a fireplacegraces the exterior wall. A wide passage-way at the rear flows into the dining room.

That opening also runs past a raisedpass-through counter that fronts thekitchen sink. The counter then segues in-to an eating bar that bounds part of thedining room. A large skylight brightensthe kitchen, which has counters on threesides. Laundry appliances and a roomy

pantry are mere steps away. The utilityroom offers direct access to a covered pat-io, which can also be reached through thedining room’s double doors.

In the bedroom wing, a vaulted ceilingexpands the owners’ suite. It has a his-and-hers walk-in closet, a private sittingarea, and a bathroom with a dual vanity.Nearby, two more bedrooms share anoth-er bathroom.

A covered walkway links the mainhouse to the guest cottage and three-cargarage. The Ardella’s guest cottage has itsown covered porch. One door there leadsinto the garage, and another opens intothe cottage’s great room. An eating nookand kitchen are at the rear of this openspace, while a bathroom and two bed-rooms are off to the left. The larger bed-room has a walk-in closet.

A review plan of the Ardella 30-785, including floor plans,elevations, section and artist’s conception, can be purchasedfor $25 online, by mail or phone. Add $5 for shipping andhandling. Associated Designs, 1100 Jacobs Drive, Eugene, OR,97402. (800) 634-0123.

HOUSE PLAN

Ardella’s ranch-styleoffers traditional look

The Listing of the Week is an unusual1925 log cabin that was incorporated into atwo-story house in the 1940s and reno-vated this year in the Silver Lake area onthe west side of Lake Hefner.

The 2,702-square-foot home at 9400Horseshoe Road has three bedrooms, 2½baths, two large living areas, new double-pane, energy-efficient, tilt-in windows, anew zoned heating-air conditioning sys-tem, updated electrical service and refin-ished hardwood floors throughout on a¾-acre lakefront lot. The kitchen has astainless-steel Kenmore Elite five-burnergas range with dual convection ovens andmatching stainless Kenmore dishwasher.The cabinets are resurfaced with new

hardware.The home has several views of the lake,

including a large bay window at the end ofthe main living room. The log cabin has abeamed, vaulted ceiling and a massivetwo-story rock fireplace. The large morn-ing room has polished flagstone floors andoversized slider windows.

The home is listed for $327,000 withDanny McHenry of Century 21 GoodyearGreen. The home will be open from 2 to 4p.m. Sunday. From Britton Road andMacArthur Boulevard, go west to Horse-shoe Road, then north to the home.

Nominations for Listing of the Week are welcome. Sendinformation on single-family homes to The Oklahoman,Richard Mize, P.O. Box 25125, Oklahoma City, OK 73125.Nominations may be faxed to 475-3996.

LISTING OF THE WEEK

Terrific Lake Hefner viewshighlight log cabin home

The Listing of the Week is at 9400 Horseshoe Road. PHOTO PROVIDED

WASHINGTON — About2.3 million homeownerscould have refinancedtheir mortgages last year ifthey didn’t owe more thantheir homes were worth orif lending standards we-ren’t so strict, according toa Federal Reserve study.

Long-term mortgagerates are near record lowsand have been below 5 per-cent for all but two weeksthis year. But lenders typ-ically require homeownersto have equity in theirhomes to refinance. Andmany lenders are approv-ing only borrowers withhigh credit scores.

Roughly 22.5 percent ofhomeowners, or about 11million, are “underwater”— they owe more thantheir homes are worth —according to CoreLogic, areal estate data researchfirm.

The figures don’t showhow many of the home-owners obtained loansduring the housing boom,when lending standardswere often lax. Many lend-ers offered loans to peoplewith poor credit, no em-ployment checks and littleor no money down.

The Fed said about 4.5million refinancing appli-cations were approved lastyear. In a healthy housingmarket, that figure wouldbe nearly 34 percent high-er, it said.

The Federal Housing Fi-

nance Agency has said it’sreviewing a program itlaunched two years ago tosee whether it might beexpanded to let morehomeowners qualify. Theprogram, called Home Af-fordable Refinance Pro-gram, or HARP, lets peoplewhose homes are under-water by up to 20 percentrefinance at lower rates.

But to be approved forthe program, homeownersmust be current on theirmortgages.

As of July, about838,000 homeowners hadrefinanced through theprogram. Officials hadhoped at least 4 millionAmericans would take ad-vantage of the program.

The Fed’s study re-viewed information frommore than 7,900 lenders.The number of approvedmortgages fell from nearly9 million in 2009 to fewerthan 8 million in 2010. Thepeak was 15.6 million in2005.

Tight credit, lack of equityhurt refinancing, officials sayBY THE ASSOCIATED PRESS

If You Have Something To SellClassified Can Do It — Call 475-3000

Page 4: The Oklahoman Real Estate

4F SATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

WASHINGTON — Negative equity andunderwater homeowners are frequentlyin the headlines, but what about positiveequity in Americans’ homes?

Is there much of it leftafter the wealth-killingrecession and real estatebust? Where is it? Who’sgot equity? You might besurprised.

A new study, conductedby mortgage and real es-tate data firm CoreLogicfor this column, foundthat there are substantialreserves of positive equity across thecountry. CoreLogic maintains the largestdatabase on home loans — 42 millionactive accounts, more than 80 percent ofall existing mortgages — with informa-tion supplied regularly by lenders andservicers.

First some basics on equity. The Fed-eral Reserve estimates that at the end ofJune, Americans held $6.2 trillion inequity in their homes. This was downsharply from its high mark of $13.2 tril-lion in 2005. Roughly one of every threehomes is mortgage-free, according tofederal and industry estimates.

Among owners who have mortgages,according to CoreLogic, 48.5 percent ofthem have at least 25 percent equitystakes in their properties. Roughly aquarter of owners with mortgages —24.6 percent — have more than 50 per-cent equity.

At the other end of the spectrum, 22.5percent of owners are in negative equitypositions, burdened with houses worthless than their mortgage balances.

Where do owners have the highest

equity holdings? Two states with verydifferent economic profiles top the list:New York, where 48.8 percent of ownershave greater than 50 percent equity

positions, and Hawaii,with 43.7 percent. Bothstates also have excep-tionally low incidences ofnegative equity.

Connecticut, Mas-sachusetts, Pennsylvania,the District of Columbiaand New Jersey all haveequity positions far abovethe national average. In

the District, for example, 35.1 percent ofall owners have 50 percent equity intheir homes or more. In Connecticut,it’s 37 percent, Massachusetts 36 per-cent and New Jersey 34.6 percent.

Sam Khater, senior economist forCoreLogic, said that states with highequity levels tend to be relatively af-fluent — or at least have sizable pocketsof affluence — plus relatively low levelsof mobility and in-migration. They alsodid not experience rampant constructionbooms on suburban land tracts duringthe years 2003-2007, or heavy use ofzany financing. They saw appreciationin real estate values but not double digitsa month as occurred in some parts ofthe country.

One state — California — exhibits notonly the stable, relatively affluent, low-construction characteristics of high-equity areas but also has wide swathsthat saw the reverse.

“It’s kind of a barbell state,” said Kha-ter, with above-average numbers ofowners holding 50 percent equity ormore — typically in or near the coastal

cities — combined with large numbers ofowners in deep negative equity, clus-tered in the interior counties and theCentral Valley. While 26 percent of Cali-fornia owners have 50 percent or greaterequity stakes — surprisingly above thenational average — nearly one out of fiveowes 20 to 50 percent or more on theirmortgages than their home value.

The states where people tend to havethe least favorable equity positionsaren’t hard to guess. Just 7.5 percent ofNevada owners have equity of 50 per-cent or greater. At the other extreme, 30percent of them have mortgage debt thatis 50 percent or more than their proper-ty values. Almost 58 percent of all Neva-da owners are in negative equity posi-tions, according to the CoreLogic data.

Arizona has the second-worst sit-uation on negative equity, with 49 per-cent of owners underwater, followed byFlorida with 45 percent. However, unlikeNevada, both Florida and Arizona havehigher numbers of owners who still havesolid equity holdings. In Florida, morethan one of every six owners has 50percent or higher equity. In Arizona one

of every eight does.A handful of states that never saw the

unrestrained price run-ups experiencedin Nevada or Florida, and that have largenumbers of owners with hefty equitypositions, nonetheless have substantialnumbers of underwater owners.

Virginia, with a sizable population ofaffluent owners in the northern suburbsbordering Washington, D.C., has a neg-ative equity rate of 22.8 percent. Mary-land, which has a rate of equity-richownership above the national average,also has an above-average rate of nega-tive equity — 23.5 percent of owners areunderwater.

What to make of all these numbers?Equity holdings declined virtually every-where during the real estate and mort-gage busts, but $6 trillion-plus of it isstill out there. Most owners are stillfaring relatively well in terms of homeequity — they’ve got 25 percent stakes ornearly that much.

You just don’t hear about it.

Ken Harney’s email address is [email protected].

WASHINGTON POST WRITERS GROUP

Positive equity is seen by many homeowners

KennethHarney

THE NATION’S HOUSING

A new study, conducted by mortgage and real estate datafirm CoreLogic for this column, found that there aresubstantial reserves of positive equity across the country.CoreLogic maintains the largest database on home loans —42 million active accounts, more than 80 percent of allexisting mortgages — with information supplied regularlyby lenders and servicers.

Q: I am planning toadd on to my existingdeck, but a couple of theboards were warpedfrom neglect. Can I re-place the boards andcontinue the deck far-ther out?

I recently had to re-move three trees thatwere damaged, and Idecided to use them asa border and want toadd them to the deck asplant holders. What do Ineed to treat the treeswith to keep the naturalbeauty and prevent ter-mites? I have woods aspart of my property andwant to incorporate thelook with my deck.

A: You should be ableto add onto the existingdeck, depending on itsconstruction and thecondition of the structur-al framing. I would sug-gest that you have a con-tactor come out to re-move the warped deckboards; examine the un-derlying deck framing fordamage, dry rot and oth-er structural issues; andthen come up with adesign for extending it.

As far as adding the oldtrees to the existing deckas planters, a lot dependson why they were dam-aged and why you decid-ed to take them out.There are a number ofthings that can happen totrees that can be passedalong to the wood onyour deck if the two areallowed to be in contactwith one another for anylength of time.

For that decision, youreally need to consultwith a certified arboristor other expert who cantell you what damagedthe trees, and specificallywhat chemicals, if any,can be used for treatingthe wood to preserve it.

Q: I have a single-level,

1,700-square-foot houseon a level lot. It was lastpainted around 1995before we purchased thehome in October 1995.My husband and I planto paint the exteriorsoon and I was wonder-ing if you have ballparkestimates for exteriorpaint jobs.

Also, the rain guttersneed to be replaced. Is itbetter to replace beforepainting or after paint-ing?

A: I can’t really helpyou out much with paint-ing prices, because somuch depends on howmuch prep work needs tobe done, how much trimthere is to paint, howmuch moving and mask-ing is involved, and otherissues that will affect theprice.

Your best bet is to haveat least two reputable,

licensed painting con-tractors inspect the houseand give you an estimate.The estimates need to bein writing and need toinclude all the details ofthe work being proposed,including any preparationand repair work thatthey’ll be doing. Ask forand verify their contrac-tor’s license number,bond and insurance, andask for some local refer-ences of people they’vedone work for.

As far as the gutters areconcerned, it depends onwhether you plan to paintthem. Many gutters areavailable in a wide varietyof factory-applied colors,and if you like one ofthose colors then thegutters should be appliedafter the painting is com-plete.

If you want the gutterspainted to match thehouse, then opt for awhite gutter and have itinstalled before the paint-ing, then the contractorcan paint them along withthe house. In either case,let the contractors knowwhat your intentions arewith the gutters so theycan estimate the work

accordingly.On the subject of gut-

ters, I’m a big fan ofseamless gutters. Eachpiece is custom-fab-

ricated right on site, andyou end up with a cleanerfinished look and a lotfewer joints to worryabout.

Remodeling and repair questions? EmailPaul at [email protected]. Allproduct reviews are based on theauthor’s actual testing of free reviewsamples provided by the manufacturers.

INMAN NEWS

Deck expansion may depend on framing’s condition PaulBianchina

HANDY @ HOME

Page 5: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, OCTOBER 1, 2011 5FREAL ESTATE

Bill Malkasian, the Na-tional Association of Real-tors’ vice president of po-litical strategic planning,was in Oklahoma City re-cently to help local andstate Realtor leaders startstrategic planning focusgroups for the national MyRealtor Party Initiative.

The initiative is in re-sponse to a U.S. SupremeCourt ruling that clearedthe way for associationdues to be used as corpo-rate contributions in inde-pendent expenditure cam-paigns on behalf of politi-cal candidates.

Malkasian answeredquestions about the effortand gave an overview of thestrength of Realtor lobby-ing nationally and howfunding also will be spenton local and state levels.

“Bill is an incredible as-set to the National Associ-ation of Realtors, and I amvery pleased that he hasworked with the Okla-homa City Metro Associ-ation of Realtors for thepast year to propel our as-sociation forward in legis-

lative advocacy and tech-nology,” said Dawn Ken-nedy, CEO of the metroassociation. “As the capi-tal city and one of thelargest Realtor associ-ations in Oklahoma, it isconsidered essential thatwe work with visionary

strategists such as BillMalkasian.”

Kennedy worked withMalkasian in Wisconsinwhere she was executiveofficer for the NorthwoodsAssociation of Realtors inWoodruff and WoodlandLakes Association of Real-

tors in Tomahawk. Malka-sian was president of theWisconsin Realtors Asso-ciation for more than 30years, and has long beenconsidered a top politicalstrategist, organizationalleader and communica-tions expert.

Realtors set stage to help political candidates

Attending the Realtors open house Sept. 22 were DonLorg, managing broker, Prudential Alliance Realty;Dawn Kennedy, CEO of the Oklahoma City MetroAssociation of Realtors; and Stan Pennington, presi-dent-electric of Certified Residential Specialists.

Bill Malkasian, of Green Bay, Wis., vice president of political strategy and planningfor the National Association of Realtors, talks about the My Realtor Party initia-tive at an an open house Sept. 22 at the offices of the Oklahoma City Metro Asso-ciation of Realtors. PHOTOS BY JIM BECKEL, THE OKLAHOMAN

Hope White, president of the Oklahoma Associationof Realtors; Steve Mann, president of the OklahomaCity Metro Association of Realtors; and Lisa Noon,CEO of the Oklahoma Association of Realtors, wereamong those greeting Bill Malkasian, vice presidentof political strategy and planning for the NationalAssociation of Realtors, at an open house Sept. 22 inOklahoma City.

FROM STAFF REPORTS

DEAR BARRY: Myhome was in escrow untilthe buyers found mold un-der the kitchen sink. Justone black stain from an oldplumbing leak. They didn’teven ask us to fix it. Theyjust canceled the deal andwalked away. I don’t get it.

Mold has been on theEarth forever. How did itsuddenly become so toxicthat people are tearingapart their houses, pullingout their hair, and spend-ing fortunes on mold re-moval? People used to justclean it up with bleach,slap on some primer, andapply a fresh coat of paint.Now people act as if it’s aninvasion of space aliens.How did mold becomesuch a major panic?

MartinDEAN MARTIN: One

does wonder how a natu-rally occurring substance,present almost every-where, came to be seen as alife-threatening scourge.Actually, it’s just the latestin a series of indoor airquality “crises” to sweepthe nation. To begin, let’sdefine the problem.

Microscopic moldspores are present in the airin nearly all homes. Moldinfection on walls and oth-er surfaces occurs wherethere are excessive or per-sistent moisture condi-tions, such as unresolvedplumbing leaks, groundmoisture under a building,or areas with insufficientventilation.

In newer homes, moldinfection has becomecommon because of air-tight construction to con-serve energy. When thereis little air exchange withthe outside, mold sporesand moisture can increasewithin a building, causingmold to grow on some ma-terials.

In many instances, visi-ble stains or musty odorscan alert homeowners tothe presence of mold. Butsome mold cases can onlybe detected by professionaltesting, and the cost of amold survey is often pro-hibitive.

Since the 1970s, therehas been a parade of indoorenvironmental hazards,including asbestos, radongas, urea formaldehyde,lead, electromagneticfields, microwaves, and soon. In each case, publichysteria was induced byexaggerated media cover-age. In the late 1980s andearly ’90s, homebuyersroutinely canceled escrowsat the mere mention of as-bestos or radon gas. In themid-1990s, lead paint sentbuyers running for thehills.

This is not to say thatthere were no relatedhealth risks, but the riskswere limited to specific cir-cumstances and the sensi-tivities of individuals. Forexample, acoustic ceilingsoften contain asbestos, butasbestos fibers are not re-leased into the air if the

material is left alone. Thesame is true of lead paint.Just keep small childrenfrom teething on thewoodwork, and use propermethods when strippingpaint.

But then came mold, theenvironmental-economicbombshell of them all. Theexcitement began whensome extreme cases ofmold infection were givenhigh-profile media treat-ment on network newsshows. This was accompa-nied by a rash of mold-re-lated lawsuits and insur-ance claims, causing majorinsurance carriers to with-draw their business fromsome states.

In reaction to this, thereal estate, pest inspection

and home inspection in-dustries began scramblingfor secure ground, search-ing for safe verbiage —what to say and what not tosay amid this new liabilityenvironment. Meanwhile,trial attorneys were sharp-ening their teeth andchanting the new mantra:“Mold is gold.”

Some may read this arti-cle and conclude that itwhitewashes a significantenvironmental health haz-ard. To avert this misun-derstanding, a few pointsshould be clarified:

I Toxic forms of molddefinitely do exist and canhave harmful effects on thehealth of some people.

I Some homes have be-come so seriously infectedwith mold that mitigationis not possible, short of to-tal demolition.

I The statistical likeli-hood of serious mold in-fection does not warrantdire levels of anxiety, miti-gation, litigation and ex-pense.

There was a time when amold stain could becleaned, primed and paint-ed. Now we invest in costlyanalysis by a certified in-dustrial hygienist, fol-lowed by removal and re-placement of all affectedmaterials.

A more rational ap-proach would be to balancethe costs and risks of moldinfection. The risks, of

course, are real. Moldmight someday invadeyour home, just as a drunk-en driver might somedaycross the double line inyour path of travel. Buthow much must we spendto effect a sense of safety?

The panic over moldeventually will subside, asit did with previous envi-ronmental concerns. Then,barring the discovery of

some new and unforeseenhealth hazard, we may re-turn to the relative compo-sure of sensible problemsolving, to a place wheremold, toenail fungus, andthe common cold occupytheir customary positionsamong the adversities ofeveryday life.

To write to Barry Stone, go online towww.housedetective.com.

ACTION COAST PUBLISHING

Mold is among indoor air quality ‘crises’ to sweep countryBarryStone

INSPECTOR’S IN THEHOUSE

Page 6: The Oklahoman Real Estate

6F SATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Q: I am in foreclosureand trying to complete ashort sale. I have beenpaying my homeownersassociation dues everymonth, so I didn’t think Iowed anything to theHOA. But the lenderapproved my short sale,and a few days beforeclosing I found out that Iowe the association’sattorney $500 for “mon-itoring” the bank’s fore-closure lawsuit. Can itmake me pay this?

A: Yes — if you want theshort sale to go through.For what it’s worth, it’sbeen my experience thatthe homeowners associ-ation is the No. 1 killer of

these deals. I routinelyadvise my clients to staycurrent on their dues withthe HOA, even if they areforced to fall behind ontheir mortgage. But there’sa developing trend inwhich the HOA’s attorneyis charging a homeownercompleting a short sale afee to monitor and appearon the HOA’s behalf in thelender’s foreclosure law-

suit.The lawyer is allowed to

do this because a home-owner in an association isliable to reimburse theassociation for all attorneyfees and costs. In the caseof a mortgage foreclosure,the association is namedin the lawsuit and mustrespond to it and monitorit.

A successful short saleis in the best interests ofyour association and yourlender, so you may be ableto negotiate a reduced fee.Still, it’s a good idea to setaside some money forexpenses such as thiswhen you are planning ashort sale.

Q: The bank has filedforeclosure against myproperty. I don’t want itanymore. I owe aboutthe same amount on theloan that the home isworth. I have repeatedlycontacted the bankabout saving us boththe trouble and having ittake back the propertyvia a deed in lieu of fore-closure. Can you shedany light on this?

A: I absolutely agreethat from the homeown-er’s point of view, thisseems absurd. But thereare many reasons why thebank can’t simply takeback your home, even if itwanted to. You may have

other liens, a secondmortgage, or past-dueassociation fees that alsomay need to be foreclosedupon.

Also, many loans havemortgage insurance pol-icies in place, and if yourlender does not followvery specific procedures,the mortgage insurers willdeny the claim. Your loanmay be serviced by a com-pany that is not the actuallender. It is not always inthe best financial interestof the servicing companyto quickly resolve yourforeclosure, as it makesmoney from servicing theloan during the foreclo-sure process.

Further, if a servicingcompany is involved and itdoes want to get a deedfor the property, it has toget the actual lender’sapproval to do so. Manytimes, these “lenders” areactually complex trustagreements that are soldon Wall Street as securi-ties and have complicatedrules and guidelines thatmust be followed beforeanything can be workedout with the borrower.

Gary M. Singer is a Florida attorney andboard-certified as an expert in realestate law by the Florida Bar. Send himquestions online athttp://sunsent.nl/mR20t7 or follow himon Twitter @GarySingerLaw.

MCT INFORMATION SERVICES

Attorney may be due a ‘monitoring’ feeGaryM.Singer

REAL ESTATE LAW

FORT LAUDERDALE, Fla. — Someone sell-ing a home is more likely to pay a full realestate commission today than during thehousing boom, when discounts ruled andmost properties sold quickly.

Commissions have steadily increased inrecent years, despite a rash of foreclosuresand falling home values that have left sell-ers with little spare cash to pay a broker.

The average commission nationally atyear-end 2010 was 5.4 percent, up from5.04 percent in 2005, according to RealTrends, a publishing and consulting com-pany based in Castle Rock, Colo.

Commissions are negotiable, but thestandard is 6 percent of the sale price. Theseller usually pays the fee, which is splitevenly between the agents on both sidesof the deal.

In the housing frenzy of 2000 to 2005,sellers often questioned the value ofagents. The number of brokers ballooned,and the competition for listings led someagents to cut commissions below 6 per-cent.

But when the housing market souredbeginning in 2006, agents couldn’t leavethe profession fast enough, and it becamemuch harder to sell homes. Agents saysellers have since grown more apprecia-

tive of what they do.“Sellers are very happy to pay the full

commissions, even though they’re gettingless money for their homes,” said ClaireSheres of Coldwell Banker in south PalmBeach County, Fla.

“They’re not quibbling with 5 or 6 per-cent,” added Scott Agran, head of BocaRaton, Fla.-based Lang Realty. “They’resaying, ‘What can you do to sell my housefor the highest price and in the quickestamount of time?’ ”

Agents now have to spend more timeand money marketing the properties, andtheir jobs aren’t limited to finding buyersand securing contracts, said BeverlyRothstein of the Christopher WhiteGroup in northwest Broward County.

Agents also have to help arrange fi-nancing and title insurance to keep thesales moving toward the closing table.

“No one really has given me any griefabout commissions,” Rothstein said. “Inthis market, your best friend is your realestate agent.”

No quibblingRobin Craig didn’t think she’d need an

agent to sell her two-bedroom cottage inFort Lauderdale’s Victoria Park. So in Mayshe created a website and flier and stuck asign in her front yard.

But for Craig, a 43-year-old account-

ant, negotiating with prospective buyers’real estate agents was challenging, and sowas coordinating the many showings.Three weeks later, with the house still un-sold and a deadline looming for her tomove to a new job in Atlanta, Craig hiredTim Singer of Coldwell Banker.

She said she’ll happily pay the 6 per-cent commission on the $529,000 listing.

“I underestimated the amount of timethat was involved,” she said. “And he’s gotmarket data and experience that I don’thave.”

Agents say they typically avoid showinghomes that owners are selling themselves.Some of the sellers are hostile towardagents and have no intention of paying acommission to the buyer’s broker, Singersaid.

Jon Holbrook, president of DelrayBeach, Fla.-based BuyOwner.com, saidhe encourages his clients to work withbuyers’ agents and come to terms on somesort of compensation, should a sale result.

MCT INFORMATION SERVICES

Larger commissions mark return to real estate marketsBY PAUL OWERSSun Sentinel

Emmy-winning TV producer JonathanLittman has bought the “Entourage”house in Encino, Calif., for $4.2 million.

The setting of the HBO show’s Season 7last year, the gated Tuscan-style villa has9,010 square feet of living space with amedia room, study, seven bedrooms and10 bathrooms. Features include 22-foot-high beamed ceilings and seven fireplac-es. The master suite has an exercise roomand French doors leading to a private patiowith a spa.

The lot, more than ¾ acre, includes amosaic-tiled pool, spa and waterfall. Anadditional 1,975-square-foot outdoor liv-ing space has a kitchen, a barbecue, a barand a fireplace.

Littman, an executive at Jerry Bruck-heimer Television, has been a producerfor shows including “Chase” (2010-11),“CSI: Crime Scene Investigation” (2000-present) and “The Amazing Race” (2001-present), for which he shares seven Em-mys.

Lugosi home gets biteA Hollywood Hills home once owned

by actor Bela Lugosi, known for his role asCount Dracula on the stage and screen,has sold for $2.25 million.

Castle La Paloma, a Tudor built in 1926,features interior arches, vaulted beamedceilings and bay windows. Its 5,000square feet include an oversized living

room, a breakfast room, a butler’s pantry,five bedrooms, four bathrooms and a ser-vice wing. The more than a quarter-acreterraced site is in the Beachwood Canyonarea.

Lugosi, who died in 1956 at 73, playedother villains in addition to vampires. Hestarred in “White Zombie” (1932), “Brideof the Monster” (1955) and the posthu-mously released “Plan 9 From OuterSpace” (1959).

The property came on the market inApril at $2,367,000.

Not Mockingbird LaneA Studio City compound owned by ac-

tress Yvonne de Carlo from 1950 to 1975has sold for $6.25 million.

An 8,000-square-foot main housebuilt in 1999, a 1920s guesthouse, a swim-ming pool, a pool house and a barn occu-py the gated 7.6-acre site, which is zonedfor equestrian use. The Mediterranean-style main residence contains a 3,400-square-foot master bedroom suite, a greatroom with a 14-foot ceiling and a screen-ing room. There are four bedrooms andsix bathrooms.

De Carlo, who died in 2007 at age 84,was known to ‘60s television audiences asLily Munster in “The Munsters” (1964-66). Her six-decade acting career includ-ed roles in “The Ten Commandments”(1956) and “McLintock!” (1963).

The property came on the market at theend of January at $6,695,000.

MCCLATCHY-TRIBUNE INFORMATION SERVICES

The vaulted ceiling in this featured living room rises to 24 feet. Beyond the hall-way, French doors open to a patio. The Encino house used in the Season 7 of “En-tourage,” sold for $4.2 million. MCCLATCHY-TRIBUNE PHOTO

Producer buys ‘Entourage’house for $4.2 millionBY LAUREN BEALELos Angeles Times

Page 7: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, OCTOBER 1, 2011 7FREAL ESTATE

MINNEAPOLIS — Chrisand Jennifer Roman lovedeverything about thehandsome Tudor-stylehouse on MinnehahaParkway, so they bought itwithin hours when it hitthe market.

Never mind that thekitchen had been remod-eled in the 1980s with bluecounters and bump-outwindows, and the base-ment looked like a dunge-on. Now, after two years ofplanning and saving,crews are ripping apart theold kitchen in preparationfor a new one.

The dark and mustybasement, however, is go-ing to have to wait.

“We don’t want to re-peat history,” said JenniferRoman, referring to a bigloss they took on a housethey recently sold in ArdenHills, Minn. “If thingswere better and pricescould support a largerloan, we would have donethe basement at the sametime.”

It’s a common story forhomeowners. Many aremoving ahead with im-provement projects, espe-cially since the unpredict-able housing market couldmake it less appealing toupgrade to a nicer house.But they are scaling backtheir ambitions andspending less.

Home contractors arefeeling the pinch.

“It’s not easy,” said ScotWaggoner of W.B. Build-ers. “We’re working harderfor less money.”

Waggoner, however,isn’t complaining. Unlikemany of his competitorswho have gone out of busi-ness, he said that he hasseen an uptick in business,

especially from people likethe Romans, who are get-ting such good deals onhouses they can finally af-ford to fix them up a bit.

National data fromBuildFax shows remodel-ing work picking up during

the housing slump. Butsome observers think thesurge mostly reflects fix-up work on foreclosureproperties that previousowners have trashed.That’s led to remo-boomsin the cities hardest hit by

foreclosures, such as LasVegas and Phoenix.

“There is a somewhatpopular belief that remod-eling activity is countercy-clical to new constructionand that’s just simply notthe case,” said Jonathan

Smoke, an economist withHanley Wood. “Both newconstruction and remod-eling activity are correlat-ed to overall economicperformance.”

The Romans, for exam-ple, would have preferred

to tackle their entire wishlist all at once. Instead,they’re going to wait untilthey can save a bit beforethey give their basement amuch-needed makeover.“It’s super-creepy,” Jen-nifer Roman said. “It hasdark purple carpet andweird electrical outlets.”

One of the couple’schallenges has been iden-tifying comparable homesales in the neighborhoodthat will help their bankerjustify approving a loan tofinance the project. Manyhouses are selling for lessthan their owners have in-vested in them, so thatmeans more conservativeapprovals. While the Ro-mans managed to get thekitchen project done, theywon’t pursue a financingpackage for the basement,at least for now.

With so many home-owners making similarchoices, contractors arewaiting, too.

“You would think thatremodelers are partying allover the country,” Smokesaid. “But I’m certainly notseeing that.”

MCT INFORMATION SERVICES

Homeowners choose moderate remodelingBY JIM BUCHTAStar Tribune

Chris Fehr, Tom Ringold and Tim Brandvold work on the kitchen remodeling project at the home of Chris andJen Romans in Minneapolis. MCCLATCHY TRIBUNE PHOTO

Chris and Jen Romans are having a kitchen remodeldone in their home in Minneapolis.

MCCLATCHY TRIBUNE PHOTO

Contractors Tim Brandvold, left, and Scot Waggonershow plans for a kitchen remodel to homeownersChris and Jen Romans. MCCLATCHY TRIBUNE PHOTO

Page 8: The Oklahoman Real Estate

8F SATURDAY, OCTOBER 1, 2011 THE OKLAHOMAN | NEWSOK.COMREAL ESTATE

Oklahoma CityRestek Inc., 7100 Ter-

minal Drive, parking,remodel, $3,700,000.

Earthlink, 5315 N MayAve., restaurant, erect,$750,000.

Renaissance CustomHomes LLC, 9108 Wood-cock Drive, residence,erect, $390,000.

W.R. Cos., 13000 NMay Ave., nursing home,remodel, $350,000.

4 Corners ConstructionLLC, 14808 Sable, resi-dence, erect, $346,000.

D&R Development,13824 Santa Fe CrossingsDrive, office-warehouse,erect, $345,355.

Willa Construction Co.Inc., 13800 PortofinoStrada, residence, erect,$325,000.

Baker Group LLC, do-ing business as BakerHomes, 13117 CottinghamRoad, residence, erect,$310,000.

Oklahoma City Parksand Recreation, 7620 NPortland Ave., recreationcenter, erect, $294,131.

Heritage ConstructionCo., 8343 N RockwellAve., business, remodel,$290,000.

Chris Ryan HomesLLC, 7701 SE 160, resi-dence, erect, $280,000.

Lingo, 201 NW 10, of-fice, remodel, $279,780.

Brown & Co. HomesLLC, 15704 Kestral ParkCourt, residence, erect,$272,000.

Landmark Fine HomesLP, 18424 Salvador Road,residence, erect,$264,000.

Bonadeo Building Co.,1601 NW 185, residence,erect, $250,000.

Allenton Homes &Development LLC, 7012NW 161, residence, erect,$250,000.

4 Corners ConstructionLLC, 14800 Sable, resi-dence, erect, $245,000.

4 Corners ConstructionLLC, 14301 Almond ValleyDrive, residence, erect,$244,000.

R&R Homes LLC, 509Land Run Lane, resi-dence, erect, $230,000.

Manchester EliteHomes LLC, 14416 Cale-donia Way, residence,erect, $228,700.

Precision Builders, 1120S Western Ave., recre-ation center, install,$222,800.

City of Oklahoma City,1120 S Western Ave., pub-lic building, install,$222,800.

Manchester EliteHomes LLC, 14509 Sedo-na Drive, residence, erect,$216,350.

Quality DesignedHomes LLC, 6408 BentWood Drive, residence,erect, $212,000.

Dennis D. Green, 17717Ptarmigan Lane, resi-dence, erect, $210,000.

Quality Homes LLC,14400 Sauna Lane, resi-dence, erect, $210,000.

Jester (Bill) Jr., 6421Bentley Drive, residence,erect, $206,000.

Tommy HuelskampLLC, 3233 Orchard Ave.,residence, erect,$205,000.

Maple Ridge HomesLLC, 9209 SW 30, resi-dence, erect, $205,000.

Walter Owens HomesInc., 1421 Valley ViewDrive, residence, erect,$203,000.

Quality DesignedHomes LLC, 6412 BentWood Drive, residence,erect, $198,500.

D.R. Horton, 15416 BlueJay Drive, residence,erect, $195,500.

WPD, doing business

as Westpoint Homes,15924 Burkett Circle, resi-dence, erect, $189,000.

Tommy HuelskampLLC, 3229 Orchard Ave.,residence, erect,$185,000.

Elite Construction, 704Evening Drive, residence,erect, $185,000.

Hibbard Co., 15908 SanNicolas Drive, residence,erect, $180,000.

Shawn Forth CustomHomes, 3209 NW 192Terrace, residence, erect,$175,000.

4 Corners ConstructionLLC, 5801 SE 144, resi-dence, erect, $174,300.

Grace Place BaptistChurch, 9300 S AndersonRoad, office, erect,$160,000.

Affinity Homes LLC,200 SW 174, residence,erect, $160,000.

Mason Realty Investors,20 NW 9, restaurant,add-on, $150,000.

Dodson Custom HomesLLC, 18312 HaslemereLane, residence, erect,$135,650.

Rausch ColemanHomes LLC, 4906 SE 79,residence, erect,$130,000.

Rausch ColemanHomes LLC, 9600 EvieDrive, residence, erect,$130,000.

Rausch ColemanHomes LLC, 3013 SE 95,residence, erect,$130,000.

Rausch ColemanHomes LLC, 3017 SE 95,residence, erect,$130,000.

Dodson Custom HomesLLC, 18216 HaslemereLane, residence, erect,$128,000.

Shawn Forth CustomHomes, 3201 NW 192Terrace, residence, erect,$125,000.

Precision Style Homes,1812 Alexander Way, reha-bilitation center, erect,$119,000.

Kinser Construction,8717 N Western Ave.,

storage, add-on, $118,000.Rausch Coleman

Homes LLC, 8528 SW 47Circle, residence, erect,$100,000.

Rausch ColemanHomes LLC, 8525 SW 47Circle, residence, erect,$100,000.

Rausch ColemanHomes LLC, 8524 SW 47Circle, residence, erect,$100,000.

Mark Kesner, 10710 SPortland Ave., tower-antenna, erect, $100,000.

Fuller Miller Construc-tion, 3900 Harmon Ave.,automotive repair-wash,add-on, $93,000.

Lingo Construction,201 NW 10, office, re-model, $90,150.

McBride Construction& Roofing LLC, 721 SE 28,residence, erect,$90,000.

AT&T Mobility, 2127SW 104, tower-antenna,install, $80,000.

L2M, 7638 W RenoAve., retail sales, remodel,$75,000.

Maccini ConstructionCo., 100 Park Ave., office,remodel, $75,000.

Maccini ConstructionCo., 2801 S Shartel Ave.,school, remodel, $74,228.

Oklahoma City Parksand Recreation, 720 NW8, recreation center, in-stall, $72,346.

Ideal Homes of Nor-man LP, 1105 SW 155, resi-dence, erect, $72,000.

Oklahoma City Parksand Recreation, 1300 NMcKinley Ave., recreationcenter, install, $70,000.

Precision Builders, 11101Old River Trail, cabana-gazebo, remodel,$60,000.

Reo Construction, 2201NW 122, apartment, firerestoration, $55,080.

TAParchitecture, 3033SW 119, public building,remodel, $50,000.

Oklahoma City Parksand Recreation, 1600 EOverholser Drive, recre-ation center, install,

$50,000.Hib Michael Homes

LLC, 3604 S Roff Ave.,residence, erect, $50,000.

Greg Smith HomesLLC, 8504 Meadow LarkLane, residence, add-on,$50,000.

Elliott Architecture,11224 N May Ave., restau-rant, add-on, $50,000.

Onpoint Construction,2214 N Bryant Ave.,church, add-on,$40,000.

Oklahoma City Parksand Recreation, 5708 NTulsa Ave., recreationcenter, install, $40,000.

Silvers & Silvers Con-struction, 3030 North-west Expressway, office,remodel, $35,000.

Dolores Ramos, 2808NW 162, residence, add-on, $35,000.

Oklahoma City Parksand Recreation, 1435 NW2, recreation center, in-stall, $33,500.

Trinity Interiors, 10600S Pennsylvania Ave.,business, remodel,$30,000.

TAParchitecture, 1435NW 2, public building,remodel, $30,000.

Ramey Steel, 12407 SW40, accessory, erect,$30,000.

Matt Wilson CustomHomes, 16900 RainwaterTrail, residence, remodel,$30,000.

David Blair, 9412 SWalker Ave., residence,add-on, $25,000.

Jaime Rangel, 816 SW31, residence, add-on,$25,000.

Beverly Bolton, 3308 SE89, manufactured home,move-on-mobile homepark, $22,900.

Oklahoma City Parksand Recreation, 801 SW81, recreation center, in-stall, $22,800.

Silvers & Silvers Con-struction, 3817 NorthwestExpressway, office, re-model, $21,000.

TAParchitecture, 2234NW 117, recreation center,

remodel, $20,000.City of Oklahoma City,

400 SW 66, recreationcenter, remodel, $20,000.

AT&T Mobility, 2127SW 104, tower-antenna,modular, $20,000.

Martin Gotcher, 9717NW 10, manufacturedhome, move-on-mobilehome park, $20,000.

Ron Walters HomesLLC, 5107 S Land Ave.,residence, remodel,$18,000.

Kim Gray, 15209 Wil-ford Way, canopy-car-port, add-on, $16,800.

Alicia Eads, 2001 SMacArthur Blvd., manu-factured home, move-on-mobile home park,$15,900.

Kenneth Mabus, 13801SE 71, manufacturedhome, move-on, $13,000.

Gerald Washburn, 9615S Anderson Road, acces-sory, erect, $11,500.

Smith Pickel Construc-tion, 6000 N Lee Ave.,temporary building,move-on, $10,000.

Bruce Jones, 4324 NW48, residence, add-on,$10,000.

Sam Gresham, 12601 NWestern Ave., church,add-on, $9,000.

Lawn Master OutdoorLiving LLC, 8328 NW 74,canopy-carport, add-on,$8,517.

Maccini ConstructionCo., 100 Park Ave., office,remodel, $7,500.

Salvador and CaneliaCarnero, 2417 S Penn-sylvania Ave., canopy-carport, add-on, $6,500.

RBA Architects, 5840 NClassen Blvd., restaurant,remodel, $6,000.

Jeff and Brenda Wilker-son, 901 Sandia Circle,residence, install-stormshelter, $6,000.

TAParchitecture, 3401 SMay Ave., public building,remodel, $5,000.

Sam Gresham, 1800 SMeridian Ave., restaurant,

Permits

SEE PERMITS, PAGE 9F

Page 9: The Oklahoman Real Estate

THE OKLAHOMAN | NEWSOK.COM SATURDAY, OCTOBER 1, 2011 9FREAL ESTATE

remodel, $5,000.Joseph Kemke, 3016

Rossmore Place, stormshelter, install-stormshelter, $4,500.

Gary Sanders, 201 SW87, storm shelter, install-storm shelter, $4,300.

Jeffery R. Treat, 13608Legacy Court, storm shel-ter, install-storm shelter,$4,295.

Richard Fuhr, 605 Har-vest Trail, residence, in-stall-storm shelter,$4,295.

Stephen Koehn, 8228NW 115, storm shelter,install-storm shelter,$4,295.

William Dunbar, 5413NW 107, storm shelter,install-storm shelter,$4,295.

Paul Griffin, 2805 NSterling Ave., residence,install, $4,250.

Andrew Clay, 5901Burnham Place, stormshelter, install-stormshelter, $4,200.

H. Glen Clanahan, 1317SW 105 Place, storm shel-

ter, install-storm shelter,$4,200.

Lindsey Wren, 17300Toledo Drive, storm shel-ter, install-storm shelter,$4,200.

Carlos Gonzalez, 2500NW 121, residence, in-stall-storm shelter,$4,150.

Larry Vo, 540 SW 153,storm shelter, install-storm shelter, $4,145.

Kelly Clark, 7705 Am-bassador Road, residence,install-storm shelter,$4,000.

Manuel Quinonez, 1405NE 39, residence, firerestoration, $4,000.

Robert Smith, 12409Val Verde Drive, resi-dence, install-storm shel-ter, $4,000.

Connie Nichols, 3040Browne Stone Road,storm shelter, install-storm shelter, $3,800.

Jerry Whitson, 2708NW 151, residence, install-storm shelter, $3,400.

Tom Hibbitts, 12420Rockwood Ave., stormshelter, install-stormshelter, $3,395.

Shannon Reed, 320Partridge Run Road, resi-dence, install-storm shel-ter, $3,300.

Thomas Nagle, 2812SW 110, residence, install-storm shelter, $3,295.

Matthew Stillwell,10705 NW 35, residence,install-storm shelter,$3,050.

Dale Kelso, 612 West-ridge Court, storm shel-ter, install-storm shelter,$3,000.

Barlow Building Ser-vices Inc., 309 Kuhl Ter-race, manufactured home,move-on-mobile homepark, $3,000.

Barlow Building Ser-vices Inc., 311 Kuhl Ter-race, manufactured home,move-on-mobile homepark, $3,000.

Barlow Building Ser-vices Inc., 315 Kuhl Ter-race, manufactured home,move-on-mobile homepark, $3,000.

Barlow Building Ser-vices Inc., 319 Kuhl Ter-race, manufactured home,move-on-mobile homepark, $3,000.

Barlow Building Ser-vices Inc., 321 Kuhl Ter-race, manufactured home,move-on-mobile home

park, $3,000.Barlow Building Ser-

vices Inc., 320 Snyder,manufactured home,move-on-mobile homepark, $3,000.

Jason Freeling, 8100Hawksbury Road, stormshelter, install-stormshelter, $3,000.

Keith Erwin, 11640 MillHollow Court, stormshelter, install-stormshelter, $3,000.

Kathryn Cates, 7612NW 135, storm shelter,install-storm shelter,$2,900.

Ron Tomlinson, 10601 SCouncil Road, residence,install-storm shelter,$2,900.

Maria White, 6900 SE157 Place, storm shelter,erect, $2,850.

Don and Jennifer La-nier, 12405 Jasper Ave.,residence, install-stormshelter, $2,800.

Diana L Mathis, 108SW 139, residence, in-stall-storm shelter,$2,800.

Caroline Frusher, 16601Rugosa Rose Drive, stormshelter, install-stormshelter, $2,800.

Bob O’Brien, 1300 SW113, storm shelter, install-

storm shelter, $2,800.Justin Steckman, 609

NW 174, residence, in-stall-storm shelter,$2,800.

Kevin McElroy, 17010Triana Drive, residence,install-storm shelter,$2,800.

Lester Laporte, 8504NW 74, residence, in-stall-storm shelter,$2,800.

Malcolm Champlin,16604 Sunny HollowRoad, storm shelter, in-stall-storm shelter,$2,800.

Roy Gattenby, 1304 SW113, storm shelter, install-storm shelter, $2,800.

Steve Copeland, 2404SW 47, storm shelter,install-storm shelter,$2,800.

Steven G. Jones, 11501Willow Way, storm shel-ter, install-storm shelter,$2,800.

Steven Nguyen, 8909NW 111, storm shelter,install-storm shelter,$2,800.

Kenneth McGowen,7339 Barren Oak Drive,storm shelter, install-storm shelter, $2,750.

Joseph Spears, 16300Bandera, storm shelter,

install-storm shelter,$2,700.

Shanda Rader, 5013Union Circle, storm shel-ter, install-storm shelter,$2,620.

Wesley Earl Parsons,1421 Valley View Drive,residence, install-stormshelter, $2,500.

Lee Allen, 8712 NW 116Terrace, storm shelter,install-storm shelter,$2,400.

Eduwiges Pando, 1204SW 19, residence, add-on,$2,000.

B&J Concrete Inc., 707NE 16, duplex, erect,$1,500.

DemolitionsMidwest Wrecking Co.,

11901 N Eastern Ave.,communication tower.

Midwest Wrecking Co.,7408 Knight Lake Drive,apartments.

Midwest Wrecking Co.,7504 Knight Lake Drive,apartments.

Carolyn Woods, 3025SW 14, garage.

Total Demolition Ser-vices LLC, 2737 GuilfordLane, residence.

K&M Dirt ServicesLLC, 10916 Abbeywood,residence.

Permits

LOS ANGELES — KBHome became the latestmajor homebuilder to re-port a surge in new homeorders for the closingmonths of summer andsaid it anticipates the salesincrease will continue nextyear.

The company posted awider third-quarter lossthan a year earlier, howev-er, as completed homesales tumbled 31 percent.

Orders for new homesjumped 40 percent for thequarter that ended Aug. 31.An increase in the numberof KB Home developments

with houses availablehelped, but the improve-ment mainly resulted fromcomparison with an easyyear-ago sales benchmark.

Like most builders, LosAngeles-based KB saw or-ders slow in the secondhalf of last year afterhomebuyer tax credits ex-pired at the end of April2010. Sales of new homesnationwide remainedweak through last summerand much of the fall and,even with the incentive,new home sales in 2010were the lowest going back47 years.

That’s made it easier forbuilders this year to show

improvement. Thismonth, Lennar Corp.,Meritage Homes Corp.and The Ryland Group Inc.each touted higher sum-mer orders. The same gov-ernment incentive alsoboosted builders’ homedeliveries and revenue lastsummer, and that’s madethose numbers tougher tobeat.

In its latest quarter, KB’srevenue sank 27 percent to$367.3 million, while itsloss widened to $9.6 mil-lion, or 13 cents per share,from a loss of $1.4 million,or 2 cents a share, a yearearlier.

CEO Jeffrey Mezger said

that the quarter’s salestrends suggest the housingmarket is stabilizing, buthe cautioned that a fullhousing recovery still de-pends on job growth andimproved consumer confi-dence.

The Los Angeles com-pany builds homes to orderin 12 states and was thefifth-largest homebuilderin the nation last year,ranked by closings. It saidit delivered 1,603 homes inthe quarter, comparedwith 2,320 last year. Thedecline in home deliverieswas partially offset by a 6percent increase in averageselling price.

KB Home posts orders increase, wider loss for 3Q

The sun shines over a KB Home sign in a vacant lot inBalch Springs, Texas. KB Home said its fiscal thirdquarter loss widened, as the homebuilder deliveredfewer homes compared to last year, when a federaltax credit affected results. AP PHOTO

BY THE ASSOCIATED PRESS

FROM PAGE 8F

1N to 10A, E. of OKC,pay out dn. before 1st pmt.starts, many are M/H readyover 400 choices, lg trees,some with ponds, TERMS

Milburn o/a 275-1695paulmilburnacreages.com

PIEDMONTOPEN SAT 2-4 & SUN 2-5Model home. New hms

on 1/2 ac lots. From NWExpwy & Sara Rd go 4.5mi N Cleaton & Assoc

373-2494

SE 164th & Air Depot,extra nice 5 acre cornerbuilding lot with pond,excellent area. A steal at$59,900! Fidelity RealEstate 692-1661, 410-4300

Excellent Hunting.6 miles N of Hwy 66 onLuther Rd, go W. 1 mi.160ac in NW corner.

$2,500/ac. Renee405-659-7335 @ MRE

OWNER FINANCING1-28 Acres

Many LocationsCall for maps405-273-5777

www.property4sale.com

3+Ac w/triple wide MH,E. of Edm. 13220 SilverMeadows Rd off MemorialRd, lots 11 12 13. Selfmade pond, trees. Mustsell quick! 580-481-9200

Call for Maps! See whywe sell more acreagesthan anyone in Okla.

E of OKC. o/a 275-1695

15 acres SE of Norman,will divide, owner finance

360-6586 or 590-4367

2 or 3bd House E of Harrah2K A, small barn. TERMS

Milburn o/a 275-1695

1,390 acres Range Land,1K mi. River frontage,Excellent hunting. GreerCounty, 580-706-0085

Updated 4/2/1 new paint,windows, carpet. 1220sfWarranty + closing costs$74.9KRlty Exprts 414-8753

BANK OWNED 3/2/2, 2 fp2006 blt, 1642sf $127,500Realty Experts 414-8753

Extra Sharp 2bd Homew/1car garage, tastefullydecorated, ch/a, park likeO acre lot, nice area,only $93,900! Fidelity RE410-4300, 410-4200

RENT TO OWN4101 NE 19th Circle

2bdrm 1bth on 1N acres(m/l) Easy Approval

405-273-5777www.property4sale.com

INVESTOR BLOWOUT2118 N Prospect 2/1 $28K1224 NE 19 2/1 $28K

Fin. Avail. Kruger Inv.Jim, 235-9332 / 812-1657

Best house in OKC under$30K Brk, Blt ins, $29,900

CASH 405-301-6495

Lrg 2bd 1ba central heat.Move in ready $25,500

CASH 405-301-6495

7308 NW 101 StreetFSBO http://sites.google.com/site/

keith28711/ PC North3bed, 2ba, 2 Car 1439

sqft $115K [email protected]

Brick 2550sf 2 bldgs 3carunbelievable opportunity

NW 30th & Youngs$54,900 Cash 301-6495

Crestwood 4bd 1.5 bathhardwoods. 1550sq ft$72,500 405-301-6495

Open House Sat/Sun 2-42800 NW 22nd.

$125,000. 405-601-9212.

OWNER FINANCING$2000 down No Credit Ck3208 SW 38 3/1 $49,000596-4599 » 410-8840

BANK OWNED 3/1.5, 2 liv,brick, 1227sf, ch/a, $47,500Realty Experts 414-8753

5824 S. Shartel AvenueVery Nice 2 bed, 1 bath,1 car $45,500 ¡ 550-2145

SPACIOUS HM ON 5 ACMOL 3/2/3 + office

approx 2320' paved rd,storm shelter $239,900

Carmen 833-0106Cleaton & Assoc

373-2494

GREAT BUY 2-3 bd1.5 ba 2 car on 5 ac MOLstorm shelter price just

reduced to $130,000Hurry! Carmen 833-0106

Cleaton & Assoc373-2494

PRICE REDUCED!Like new 3/2/3 + officeapprox 1820' on 3/4 acMOL $179,900 Carmen

833-0106 Cleaton &Assoc 373-2494

LIKE NEW 3/2/2 + officeapprox 1864' new carpet& wood lam flr, sprinklersystem, just reduced to

$169,900. Carmen833-0106 Cleaton &

Assoc 373-2494

Country Home & Acreage

AUCTION$25,000 Opening Bid

SunOct2nd,2pm329277 E Hwy 66

Luther, OKOpen House: Sept 25, 2-4pm

2,425 Sq ft on16.29 Acres & pond,

4 Bedrooms, 2 Baths,Brick, Granite, 30’x40’metal building, moredetails at web site.

Terms: 10% Down day ofAuction, Close in 30

days. Directions: FromEdmond, I-35N & Hwy66, East on Hwy 66,17 miles to property.

bidloud.com918/639-7653Keller Williams Realty

Bid Loud Auctions

Nice 1650' 3/2/2 brk. GasFP. ch/a Strm shltr patio.deck Recent updates. Appt

only. Norma 464-6316

OKC SW Open Sun. 2-4Room for everyone.1433 SW 61st Terr

2190sf, $111K.Buchanan Realty, 503-6205

Yukon Open Sunday, 2-41082 Castlebury MansionSmoking Oaks Addn, Yukon3bd/1.1ba/2car/1075sf

$89,900. BeckyThompson1st United OK Realtors

834-6568

HUNTING/RANCH LAND450 acres on year round

live water creek N.ofGage, OK. Deer, turkeyand quail habitat w/allweather road access.

918-368-2547

$100 lot rent for6 months. Move

Your MobileHome FREE!

Or...$5000 towards aNew Home. 9 Communi-

ties in NW, SW, SE(Moore), MWC,

Choctaw...Offer Expires7-31. Call for details

405.326.5728

Huge Summer ClearanceSale! Own Land/FamilyLand ZERO Down. InstantRebates up to $8000.Use toward furniture,land improvements, etc.Your choice. E-Z Approvalby phone 405-631-7600 wac

Foreclosures3&4 bd on Lg acreage

several to choose fromFinancing Available

405-324-8010

$5000 Towards YourNew Home! You Pick theHome, You Pick the Lot!

9 MH Communities inSW/NW/SE (Moore)

MWC/Choctaw. Call forDetails 405.326.5728

3bd. Quiet Area, GreatSchools $549mo includes

lot 405-324-8000THCOK.com

Huge 4bd/2 living E-ZQualify, nice area

405-577-2884

Abandoned D/W set up on5 acres. Brick foundation,driveway, ready to movein. Free phone application

405-631-7600

Over 100 Repos on Land or0 down w/your Land! WAC866-764-3200,405-631-3200

3/2 Bath Repo set up inquiet park. Ready to move inFree phone app 631-7600

Rent to Own: Nice 2&3bdMWC $350&up 390-9777

Public AuctionWest of Hinton, OK

Sat Oct 8, 2011 10am157 acres /- SE/4 Sec.

2-11-12, Caddo CoEXCELLENT RECRE-ATIONAL PROPERTY

Four Wheeling, Hiking,Trail Riding and Some of

the Best Hunting.Secluded on Dead-end

Road.Check It Out at

405-542-7030 OR www.tillmansauction.comTILLMAN AUCTION

Owner carry with downNice homes and fixers

James • 417-2176

I BUY & SELL HOUSES27 YRS EXP 650-7667

HOMESOFOKCINC.COM

SHIPPING, Mailing &Packing Store, 10yrssame loc, high traffic

area, NW OKC. Greatlyreduced price, health

reasons. John 405-627-4501

1710 N Douglas MWC30K. 1200 NW 97 15K

417-2176www.homesofokcinc.com

NW 39th & MeridianHighly Visible Corner,1500 SF for LEASE,11 OR 47 mo. term

Detached, large metalstorage shed included4417 NW 39th Street -

405-206-2567

Nice newer car lot forlease. 1200sf building

includes office & 2car gar.Lot measures 95x180.3417 N Shields, Moore

$2500mo 405-826-2853

Small Business/Storage1250sqft, 28Wx50L,

14x14 O/H door,$500 month. 89th St.

& I-35 S. OKC, 631-4447

Nichols Hills shoppingcenter, 7608 N Western.1200sf MOL, $930/mo.$930 dep. Call 370-1077

INDUSTRIAL FACILITYFOR LEASE

201 ARLINGTON DR.YUKON, OK 15,000 Sq.Ft. w/6 offices. 5 ton

Gaffey Crane and Electri-cal Package. ExcellentLocation. Near 66 Hwy.and Turnpike. $5,000 /

Mo. net. net. net.405-820-9286

PENN FRONTAGE, 8505 S.Pennsylvania, approx 1000sf. $900/mo+dep. 627-6256

GREAT Office SpaceVarious NW locations300-6000sf 946-2516

$99 Move In Special1 & 2bds, carports, coinlndry $345-445 470-3535

Small 1 bed apartment,$450 month, 164th andCouncil, quiet, no drugsor traffic, 319-1800.

MOVE IN NOW!Pd. water/garbage Quiet.Try Plaza East•341-4813

VERY, VERY QUIETNear mall, schls, hosp,

Try Plaza East 341-4813

Free Month Rent! 1&2bdQUIET! Covered ParkingGreat Schools! 732-1122

$200 OFF RENT1&2bedrooms. Spring TreeApartments. 405-737-8172.

$99 MOVE INSelected Units

LARGE TOWNHOMES& APARTMENTS

• Washer, Dryers, pools• PC Schools, fireplacesWILLIAMSBURG

7301 NW 23rd

787-1620

$99 Special1 & 2 BD & Townhouses•City bus route/Shopping•Washer/Dryer hookupsValencia Apts

2221 N. Meridian

946-6548

$200 OFFWasher/Dryers, FireplacesPC Schools-Townhouses

PARKLANE8108 N. MacArthur Blvd.»»» 721-5455 »»»

Walford Apts-Midtown-518 NW 12 large 1bd 1ba1100sf $900mo $800depwasher/dryer hookup.Studio 600sf $650mo $575dep. Basement efficiency$425mo $325dp 409-7989

$79 SPECIAL!! Newlyremodeled 12&3beds

Putnam Green 405-721-2210

Briargate Apts 1bd 1ba850sf, wood floors, ch/a$550mo $300dp 409-7989No Sec 8 K off Special

Florence Apt-429 NW 11Midtown Studio 600sf1bd 1bath free Laundry$675mo $400dep409-7989

Oakwood AptsK Off Special 1bd 1bath,5824 NW 34th, 800sf,$320/month 409-7989

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

Plaza 1740 NW 171bd 1bath 800sf $500mo$250/deposit 409-7989

» MOVE IN SPECIAL »LARGE 1, 2 & 3 BEDS

Rockwell Arms, 787-1423

MAYFAIR Great location!1/2 bd W/D hdwd flr quietsecure ngbrhood¡947-5665

Quiet Casady!2 bed $550 751-8088

800 N. Meridian 1bdAll bills paid 946-9506

•ABC• Affordable, Bugfree, Clean » 787-7212»

1bd 1ba $350mo, stove,fridge, very clean 818-4089

$99 SPECIALLg 1bdr, stove, refrig.,clean, walk to shops.$345 mo. 632-9849

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

$99 Move In Special!!!Lg 1 and 2 Bdr, $345 to

$420 mo. 632-9849

8012 NW 7th Unit 329Thousand Oaks (W ofCouncil on NW 10) Extrasharp 1bd condo, pool,tennis courts, $500 mo.Tenant pays elect only.Fidelity410-4300, 692-1661

Immac. cond, Highlandsat Oaktree. 3100 sf,

Newly remod. $1600/mo405-740-7902/341-6561

Moore Condominium$1200 + Dep. 3 bed, 2bath, 2 car w/ appl.

408-8432

» 6448 W Hefner-Ski IsldLux Dupl 1800sf 3/2.5/2

FP, fans, appls, deck, balc.exc cond $1050 721-1831

2621 NW 50th 2bd 2ba1car 1200sf, $850, $750dep, no Sec 8 409-7989

2101 N Shartel, MestaPark, 1bd 1ba 1car 1000sf$650mo $350dep 409-7989

2 br, 1K ba W/D hkupclean no pets no sec 8

$600mo+ $350dep 286-6559

Lrg 2bd, ch&a, off-streetprkg, hw flrs, wtr/grbg pd

$550/$250dep 314-9511

Duplexes, 3 bed, 2 bath, 2car, some new, some gat-ed, call Rick, 405-830-3789.

K Off SpecialGarage Apt 523K SW 261bd 1ba 650sf $325/mo$175/dep 409-7989

Furnished/UnfurnishedBills Paid» Wkly/MonthlyWes Chase Apts, Elk HornApts, Hillcrest 370-1077

Sec. 8 OK Brick 4 bed,1K bath, 1 car garage,spacious kitchen, fencedback yard, CH/A. CallMalone's M-F 670-1411

3/1/1, ch&a, W/D hkup,DW, appls, ceil fan, strgshed, new crpt, fresh pnt,$700/$500dep. 812-0227

1920 Karen Dr 2/1 $4252208 Doris 2/1 $450

681-7272

924 Fox Ridge 4/3.5/3$23952805VeronaWy2/2.5/2$24952075RaineysBlvd4/2/3$18951929 Chaparral 3/2/2 $179514509 Wicklow 4/3/3 $16951808 Parklane 4/2/2 $12951522 Concord 3/2.5/2 $1295Express Realty 844-6101www.expressrealtyok.com

1925 Foxfire Road -Chisholm Lake

3BD/2BA/2CAR 1950 SF$1395 Month / $1395

Deposit No PetsNo Smoking - Call Bryan

315-7100

Edmond House for Rent329 Belmont Dr No petsNo smokers Upgrades

3bd, 2ba, 1 Car, fp, $750.947.5858 727.871.0797

3000 Rankin Terr. 4bd, 2full bath, 2car, new com-plete remodel, $1000mo$800 dep. 405-824-7964

3bd/2ba/2car$1,100/m, $1,000/dep

14013 Scott St. 326-8096

3600 NE 143, 3bd 2.5ba2car, total elec, ch/a $1050mo, $1050 dep 370-1077

Beautiful home!!3BD/2BA/2Car Excellentnghbrhd.$1050.593-1432

BELMONT FARMS: 4bd,3ba, 3liv, 2din $2250moAvail Now. Jim, 206-4469

3bd 1K ba 1car fencedyard, all elec. W/D hkup.

$650mo + dep. 3911 SDobbs. »» 412-7013

3bed 2bath ch&a W&DHookup section 8 ok nice228 Windsor Way $550must see 405-248-4079

2 & 3bdrm, 1ba, OKC &MWC, Sec 8, $550 & $650mo/$500dep.¡¡740-8419

» 9332 NE 16th St. »4bd, 1K ba, CH&A, Nicecarport. $649. 476-5011

1 mi E of Tinker, 3bd 1ba2c, ch&a, util rm, $575 +$300 dep no pets 732-4351

$595 2bd 1ba, very clean,stove, fridge 818-4089

3712WoodsideDr3/1/1 $525mo, $400 dep. 681-7272

3/2/2+study 1745sf $13003/2/2 1550sf fp $9502/1/1 900sf $600Home&RanchRlty794-7777

Beautiful home Moore!!4BD/2BA/2Car Excellentnghbrhd.$1125.593-1432

State Capital/Bricktwn 3bdBungalow, wood flrs, FP, lrg

rooms, front porch $495551-5629, 940-564-3403

Nice 1 bedroom, CH&Aw/d hook up, Section 8OK. Must See! 1304 NE

8th Street. 405-248-4079

1120 NE 19th 3/2 $5951909 NE 25th 3/1 $3951708 N Elton 2/1 $395

681-7272

4 Bd, 2 1/4 BA, CH & Air,2 living, formal dining,Lg kit w/ dining, util rm,study, 3 car gar, 2850 sqfeet $1600/mo +$120016104 Himalaya Ridge.

340-8416

7007 Pebble Lane, 2 bed,2 bath, 2c gar, Duplex inPCN area, quiet neigh-

borhood, $725 + deposit,no section 8,

Call Keith, 405-413-2555

8220 Robinson 3bdsec8$600245 NW 87 3bd Sec 8$6009921 N McKinley 3bd $6001424 NW 94th 2bd $500

FLESHMANS INC235-5473 or 314-3551

2930 NW 12th large 1bdduplex, water paid $4253232 NW 28th 2/1 $4753925 NW Liberty 2/1 $495

681-7272

Home/Duplex for Rent4832 NW 26th $850+Dep

2b, 1.5b, 2 car garage,w/d hook-up PC schools,

(405) 721-0447

4133 NW 57, 3/2/2, PCSchl, granite, new appls,carpet & paint, $975mo,no Sec 8/pets, 285-1619

K Off Special904 NW 109 3bd 2bath2car 1200sf $875/mo$800dp409-7989 no sec 8

3 br, 2 ba, 2 liv area, 2car2400 sq ft, BlueridgeAddn, $1100/month

580-445-5741

13305 Green Valley Dr4bd 3ba 2car, Deer CreekSchls, 2500sf, $1550 mo$1550 dep 409-7989

11708 CENTURY, 3bd,2.5ba, 2car, $1,400rent$500dep, 405-722-1670

3bd, 2.5ba, 2car, woodfire, new paint & carpet, PCSchool, $850+dep. 651-9914

3bd, 1ba, ch&a, No Sec 8,no pets, $650mo + $400

dep. 789-4525 lv msg

3 bd, 1K ba, w/d hookup,big garage, $645 mo,$350 dep, 326-3370.

»» SECTION 8 OK»»5bd, 2ba, ch&a availableNW OKC area 942-3552

7130 Michelle Ln 3/2/2FP, $795mo , no

smoke/no pets, 650-3067

4409 Dahoon Dr. 3 bed,2 ba, 2car fenced FP. ALL

Appls $1200. 755-8025

Remodeled 2bd/2ba W/Dhkup, new ch&a, fncd $525$500dep No pets 478-3910

7616 Kathryn Way, 3/2/2ch/a, fp, fncd, utility, 1yr$925+$800dep. 722-8878

» Darling 2Bd, 2Ba, garage»Good Area, Nice! V. CleanPC Schls $725. » 685-0332

Exec TH 2b 1.5b FP W/D,CH&A, Cov pkg 1925 NW

42 $675/mo 410-6743

3/1 900sf, 1.5 acres, nohorses $675+dep WACHome&RanchRlty794-7777

1121 SE 21st 2/1 $395681-7272

725K SW 34th, 1 bd apt,$375/$350dep, water pd,(405)517-7024/517-2043

3812 SW 43rd sharp 2bdhome with carport, freshpaint inside & out,fenced. Clean! Only $425Fidelity410-4300, 692-1661

2936 SW 48 Remodeled,beautiful 3bd 1ba 1car1100sf $725 mo, $600 dep.409-7989 no section 8

1138 SW 77 Ter Sharp3bd 2ba ch/a fireplace,fresh paint, clean $675Fidelity410-4300, 692-1661

Rental List at 4524 S May1-4 Beds from $325-675

SWHome Rentals 681-7272

3bd, 1ba, $500 mo, $400dep; SE 2bd, 1ba, $400

mo, $300 dep. 631-8220

2337 SW 49th St.$445+dep 2bd/1car attach

Hestand RE, 685-6817

Nice 2b 2b 1c ch&a fp w/d hkups. fncd bk yd. no sec8/pets $595mo 503-5742

609 SW 45th spacious3bd 2ba, nice area, $595Fidelity410-4300, 692-1661

Open Sun 5-6, 2 bd, 2 ba,1 car, $750mo, 1024 SW103rd Terr, call 641-7196

3bd, CH&A, appls, c-fan,no pets, $550 month

505 SW 26th St. 721-3757

K Off Special 2736 SW 533bd 1bath 1car $675/mo$600dp409-7989 no sec 8

3bd, 1ba, 10 min S. ofBlanchard $700mo w/

opt to buy. 925-229-1742

1119 Park Manor 3 bed, 2full & 3 half baths, 2car,office, wd flrs, $1650mo,$1500dpTMS Prop348-0720

(2) 2bd $425mo, $200depnear 29th St in Choctaw

390-2471 or 651-1165

Rent to Own: Nice 2&3bdMWC $350&up 390-9777

usespectrum.comMgmt » Leasing » Sales

PROFESSIONAL REALESTATE SERVICES

SINCE 1982

Spectrum Management848-9400

2 bed, 1 bath on SE 45th,ch&a, $475 month + bills,$50 deposit, 812-0251.

Oldetowne » 2bd 1ba1630 Ember, attached gar.2 mi. to Tinker 769-7177

I BUY HOUSESAny condition. No cost

to U 495-5100

Large 1bd 2609 N Dewey$425 +gas/elec 232-9101

Furnished efficiency $3602820 S Robinson 232-1549

PIEDMONTOPEN SAT 2-4 & SUN 2-5Model home. New hms

on 1/2 ac lots. From NWExpwy & Sara Rd go 4.5mi N Cleaton & Assoc

373-2494

Commercial RE

Established Business For Sale

Farms, RanchesFor Sale, Okla. 308

Acreage For Sale 302

Del City 313

RE for sale

Moore 318

Norman 322

Yukon 330

Piedmont 327

OKCSouthwest 326

OKCNorthwest 324

OKCNortheast 323

Open Houses 334.2

Mobile Home Parks Community/Acreages 338

Mobile Homes, Manufactured Houses 339

Suburban, SE(Tecumseh, Shawnee, Noble, Purcell, Etc.) 333

Real EstateAuctions 342

Real EstateWanted 346

Real EstateNotices 345

MWC 446

Edmond 422

MWC 424

Condominiums,TownhousesFor Rent 441

OKCSouthwest 433

OKCNorthwest 431

Bethany/Warr Acres 420.5

Duplexes

Apartments

OKCNorthwest 453

Hotels/Motels 462

Yukon 460

Garage Apartments 461

RE for rent

MWC 468

Harrah 466.5

Edmond 466

Del City 465.5

Moore 469

OKCNorthwest 475

OKCNortheast 474

OKCDowntown 473.5

Mobile HomeRentals 483

Tuttle/Newcastle 481

OKCSouthwest 477

OKCSoutheast 476

Rental Services 487

IndustrialProperty 336

Offi ce SpaceFor Rent 363

Industrial PropertyFor Rent 361

Business Property For Rent 360

Investment Property For Sale 355

Village/Nichols Hills 481.5

Suburban, NE(Luther, McLoud, Meeker, Wellston, etc.) 331

Page 10: The Oklahoman Real Estate

10F SATURDAY, OCTOBER 1, 2011 NEWSOK.COMTHE OKLAHOMAN