It’s a simple factor in market economics… supply and demand dictate pricing. As demand increases, so will prices if supply doesn’t keep up. As demand decreases, so will prices if supply doesn’t follow suit. As supply increases, prices will drop if demand doesn’t keep up. As supply decreases, prices will skyrocket if demand doesn’t drop. […]
Housing Growth May Be More Than Local
September 22, 2009 by
Even with the Oklahoma City real estate market remaining strong, it’s easy to get nervous about the uncertainty of things, with the unpredictability of home sales on a national level, but according to recent data, the national scene could be showing signs of the beginnings of a recovery. According to MSN.com, a quarterly increase has […]
OKC Market Still Showing Strength
September 16, 2009 by
Time to toot the horn of the Oklahoma City real estate market again! MSN.com recently ranked us among the Top 10 strongest US housing markets. Here are the statistics they quoted in their summary: Share of homes with increasing values: 40.20% Median value: $119,600 Annual change: 4.94% Quarterly change: 1.85%
Looking For a Job? How About OKC or Edmond?
September 1, 2009 by
It’s no shock that OKC has one of the lowest unemployment rates in the US, so wouldn’t it just make sense that it’d also be one of the best cities to look for a new job, too? With all our local economy has going right, it’s no wonder we’re seeing so many new faces in […]
OKC – One of The Strongest U.S. Housing Markets
August 31, 2009 by
According to a recent article published by Business Week, Oklahoma City and Tulsa are tops when it comes to housing market strength; of course, we already knew that 🙂 OKC, comes in at #10 of the Top 30 with a positive annual change in home values of 4.94% and a quarterly increase of 1.85%
Oklahoma City Redefining Recession
August 27, 2009 by
Many Oklahomans (or Okies) may think to themselves ‘What Recession?’ when they watch the nightly news, and that sentiment is being noticed more every day as the national press continues to report how strong our local economy is here in the Sooner State. Only a couple of weeks ago, USA Today reported on the strength […]
Home Sellers Nervous? Why?
August 20, 2009 by
Ah, yet another list for Oklahoma City to add to it’s quickly-growing stack of bragging rights.. One of the Top 5 places to sell a home, according to ABC. Anyone out there noticing a trend yet?
OKC in Top 5 Personal Income Growth Areas
August 18, 2009 by
Here’s another feather in the cap of the Oklahoma City metro and it’s ever-growing list of economic kudos.. according to a report recently released by the Bureau of Economic Analysis at the US Department of Commerce, “Five of the six fastest-growing large MSAs were in Texas and Oklahoma.”
New Home Sales Hit Record High!
July 27, 2009 by
While the increased activity we’ve seen in the Edmond real estate market is exciting, there are more indications that this upturn may reach beyond our local, and even regional, economies. According to MSN, “New U.S. home sales jumped in June by the largest amount in more than eight years as buyers took advantage of bargain […]
OKC Among Cheapest Places to Live
July 24, 2009 by
Forbes magazine recently released their list of ‘Where to Live Cheaply‘ and of course the Oklahoma City metro was ranked toward the top. Living in a place where your money goes further isn’t such a bad thing, huh?
