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Jan 1, 2008


APARTMENT SALES IN TULSA REMAIN STRONG DESPITE PLUNGE
Tulsa apartment complex sales plunged 40.4 percent in 2007 to $191 million, according to a report by Commercial Realty Resources Co. broker Darla Knight. - Kirby Lee Davis

REAL ESTATE EXPERTS OPTIMISTIC ON OKC'S MULTIFAMILY MARKET IN 2008
Multifamily sales in the Oklahoma City area remained strong in 2007 but the question remains if the market will continue to thrive in 2008 in light of the nationwide subprime mortgage crisis that as of yet has not had a major impact on the local commercial market. - Kelley Chambers

TULSA ENJOYS HOTEL BOOM
More than $100 million in hotel construction is expected to replenish the Tulsa hospitality market over the next three years, with Leisure Hospitality Inc. blazing the way, industry experts said. - Kirby Lee Davis

IMMIGRATION LAW OPPONENTS CONTINUE APPELLATE BATTLE
The latest court ruling against a challenge to Oklahoma's tough new immigration law will be appealed, says the leader of a national Hispanic group behind the lawsuit. - Marie Price

OSAGES SEE COURT VICTORY AS STEP TOWARD MORE SOVEREIGNTY
Last week's federal appellate court ruling leaves alive a lawsuit filed by the Osage Nation regarding taxation of some tribal members, says Osage Principal Chief James R. Gray. - Marie Price

TULSA-AREA HOME SALES PLUNGE, BUT PRICES REMAIN STABLE
Tulsa-area home sales fell 11.2 percent in November, leaving year-to-date closings down 3.9 percent from record 2006 results, the Greater Tulsa Association of Realtors reported Monday - Kirby Lee Davis

OKC MAYOR PUTS CITY ON A DIET
If you live in Oklahoma City, you've just been put on a diet. Mayor Mick Cornett expects you to lose at least one pound this year. - Janice Francis-Smith

EMPLOYERS LIKELY TO CUT HEALTH CARE, CPAS SAY
Two-thirds of Oklahoma's certified public accountants expect employers to start whittling away at health coverage for their employees in 2008, according to a poll conducted by the Oklahoma Society of CPAs. - Janice Francis-Smith




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