Candis Meador, Coldwell Banker Select

09/25/2022

For the 4th week in a row, the average days on the market is 27 days! Call me when you are ready to move!!

05/29/2021

03/16/2020

For everyone texting me rate questions, here’s a good explanation I just saw a lender post....

Does a Federal Funds rate of Zero mean that mortgage rates are zero?

No, it does not.

The federal funds rate is the interest rate at which banks lend reserve balances to other banks overnight. Reserve balances are amounts held at the Federal Reserve to maintain depository institutions' reserve requirements. Banks with surplus balances in their accounts lend those extra balances to institutions in need of larger balances. The Federal Reserve uses the Federal Funds rate to stimulate the economy (by decreasing it) or control inflation (by increasing it).

The Fed’s increase or decrease of their bank reserve loan rate does not have a direct impact on mortgage rates but it can have a general influence. The Fed decreasing the rate to zero was already being discussed last week in the media which means hedge fund managers those looking to buy mortgage backed securities had already calculated this decrease into their purchase decision of buying these securities.

With what occurred in the markets last week along with fear in the markets concerning Corona Virus, mortgage rates increased VERY sharply.

If you locked the 2 weeks prior to last week, you were probably able to lock a very great rate. As of Friday, of last week, those rates were not being offered.

The markets will need to adjust tomorrow with this Fed correction, cooling of our economy, and fear within the media.

03/10/2020

We have 50% less home inventory than we did at this time last year! It’s truly a sellers market! Interest rates are very low! Call me if you want to see how much you could get for your home!!! 918-724-2280

03/03/2020

I just love our new look at Coldwell Banker Select! And I love selling my clients homes! We need more listings to keep up with the demand! I had a client yesterday that locked in their interest rate at only 2.75 % !!!! What a great time to get the most out of your home buying dollars!!!

01/17/2020

Pending in just 24 hours!!!

08/22/2019

So proud The Gathering Place is being recognized! So great for our City!!! ❤️

The park will also be featured on NBC’s "Today" show Friday when it features three of the Greatest Places.

08/20/2019

Showing buyers homes today & 1 of the homes had 3 large dogs in it & one of the dogs didn't like us being there, so he ran out of the house and I'm chasing this poor doggie out in the 100+ degree heat! My job is soooooo glamorous!!! Don't worry, I go the doggie back in the cool house! 😅

08/15/2019

As a Jenks grad, I am excited about this shopping development coming to Jenks! Oh the tax revenue it will generate!!! Good for the City. Great for the Schools!!
Go Trojans!!!

Tulsa Premium Outlets, LLC, has purchased about 51 acres from River District Development Group, LLC for $12 million, a deed dated July 31 indicates.'We’re incredibly excited': Proposed Jenks outlet mall

08/05/2019

Getting your home ready to sell? If I could offer only one tip, it would be to de-clutter! I've worked in model homes for years and they appeal to all buyers because they are clean and neat. I took a floral design class for many years and one of the first things the instructor told us was, "when you think your arrangement is perfect, pull out several flowers"! His point was you can see the individual flowers better if they aren't all jammed in the space. I think the same philosophy applies in home staging and decorating. Look at pictures in magazines for ideas! And call me if you want to see model homes, I know where the best examples are!
For a million other ideas to sell your home or design and build your new home, call me! Candis

Highlight your home's strengths, downplay its weaknesses and appeal to the greatest possible pool of prospective buyers with these home-staging tips.