Real Estate
Articles
Sticky Inflation
February 2, 2023. Sticky inflation happens when prices jump on expenses that experience pricing changes in cycles of 4.3 months or more. Residential rent is a good example of sticky inflation, and these rising rents were part of what prompted the Fed to start increasing interest rates. Rental costs went up by 23.5% between October 2019 and October 2022.
Office-to-residential conversion
March 2, 2023. The demand for office space has decreased, and many commercial real estate owners are looking for new ways to repurpose their properties after leases have not been renewed or less space has been leased.
EEDA Economic Preview
February 23, 2023. Last week, the Edmond Economic Development Authority held its annual Economic Preview at the Edmond Conference Center.
Annual ULI Impact Awards 2023
February 16, 2023. For the past eight years, ULI Oklahoma has awarded Impact Awards to the most deserving projects.
Household Formation
February 9, 2023. Back in the day, I owned a traditional brokerage that did a lot of residential transactions as well as residential rentals. At the same time, my wife and I taught marriage classes at church called His Needs, Her Needs. I spent much of my free time trying to help young people strengthen their marriages and spent my work time making accommodations for failed marriages. With half of the marriages failing, many of those looking for rentals and homes were doing so because of a changing formation of their household, specifically divorce.
Living above my shop
January 26, 2023. My wife and I live in the downtown core of a suburban city. I call it subURBAN living. It has the safety, quality schools, and nice parks often associated with the suburbs, but has the urban fabric with a walkable/bikeable environment and all the amenities connected with an urban location.
Gated Neighborhoods
January 19, 2023. To gate or not to gate? I am not moving regardless, but I still prefer gateless.
Charrettes & Community Connections
January, 12, 2023. A charrette is an intensive planning session where citizens, designers, architects, developers, and real estate professionals collaborate on a vison for the development.
Repurposing for highest and best use
January 5, 2023. My favorite concept in real estate is “highest and best use.” I like to teach it because this is a method to build value.
Policymaking and Real Estate
January 29, 2023. Housing costs are rising faster than incomes, putting greater financial stress on families. Policymakers have three tools available to lessen this stress.
Building a better ‘burb
December 22, 2022. Experts are starting to question the sustainability of suburbs and documenting problems and issues that are starting to show up in these communities.
New Ruralism
December 15, 2023. New Ruralism is focused on the preservation and enhancement of rural communities beyond the fringe of metropolitan regions.
The American alley
December 8, 2022. The American alley is a key component in the revitalization of urban communities and building urban fabric.
To buy the ‘American Dream’ or rent by choice?
December 1, 2022. A change is taking place in the housing market in the U.S. More people are renting than at any point in the past 55 years.
Take an urban hike!
November 17, 2022. On an urban hike, I am considering the architecture of housing, commercial buildings and government facilities.
U.S. economy isn’t giving in
November 10, 2022. I get the feeling that the real estate industry has yet to respond to the Fed’s actions. It surely will, but when?
Benefits of assumable home loans
November 3, 2022. I tell my students, and anyone who will listen, that I don’t fall in love with properties. I fall in love with the financing on properties.
Edmond to decide on housing
October 27, 2022. On Nov. 8 the citizens of Edmond will be voting to uphold or deny a zoning change that the Edmond City Council approved for an apartment project near Interstate 35 and Memorial Road.
2022 Commercial Real Estate Summit PIVOT Awards
October 20, 2022. Recently the PIVOT Awards were presented at the annual Commercial Real Estate Summit hosted by the University of Central Oklahoma Real Estate Program.
Oktoberfest in the New Mexico mountains
October 13, 2022. Oktoberfest in the mountains is special with the changing color of the Aspens and clean, cool air.