I stumbled across an interesting article from CNNMoney.com this morning, which outlines what some believe to be the 3 signs the economy is rebounding. I can’t speak to the first and third points in the article, but I thought this would be a good time to brag (again) about what’s happening locally and tie it […]
The Latest In Edmond/OKC Home Sales
May 15, 2009 by
The April real estate statistics were just published for the OKC, Edmond, and surrounding areas and, while they weren’t as exciting as I’d expected, there are still a lot of positives in these numbers. With the flurry of activity we’ve seen over the past 4-6 weeks though, I’m still betting that May closings will give […]
OKC – a Haven?
May 9, 2009 by
More accolades for the way OKC and a few others have weathered the RE crash; and they’re evaluating the reasons why. One of my favorites, and something we’ve been touting around here for years: What makes the haven cities different? Slow growth helps.
Multiple Offers in a 'Buyers Market?'
May 8, 2009 by
According to an article recently published on Realtor.org, states hit hard with foreclosures are experiencing multiple-offer situations. Truth is, we’re seeing a lot of the same here in Oklahoma, where we don’t have a high concentration of foreclosure properties. As buyer interest grows and inventories shrink, we’ll see more and more of these scenarios. Some […]
Increase in Home Sales Not Just Local
May 5, 2009 by
Lately, I’ve posted so much positive news about home sales in Central Oklahoma that’s it’s almost gotten boring. Our statistics have been showing signs of life for the past couple of months, and the market here is still strong. According the the NAR though, this trend may be more widespread than just the Oklahoma real […]
Oklahoma and Region Set The Bar
April 30, 2009 by
Need more evidence of the strength of the housing market in Oklahoma? I regularly post our local Central Oklahoma real estate statistics here to keep you informed, and they’re quite contrary to what you’ll hear if you watch the national news, but the Federal Housing Finance Agency just published the U.S. Monthly House Price Index, […]
The Truth About Foreclosures
April 26, 2009 by
‘Foreclosure’ is one of the big buzz words among the home-buying public these days, and for good reason; it’s hammered into our heads each night as we turn on the tube. Naturally, as a result, the perception with the general public is that foreclosures are everywhere and they can be bought for fifty cents on […]
The Oklahoma City Real Estate Bubble
March 19, 2009 by
This is a topic that usually stirs quite a bit of debate, mostly by local folks who don’t have a grasp on how bad things really are outside of our little bubble. Yep, I said ‘bubble.’ I know, BAD BUZZ WORD! Over the past few years, this word has taken on a pretty negative persona, […]
Jobless Rates Stand Out in Central Oklahoma
March 7, 2009 by
Without complete exception to any negative news, we continue to see very strong economic indicators in our local market. According to a new article published @ NewsOK.com, our jobless rate is one of the lowest in the country, and of course, it’s partly credited to our stronger-than-average real estate market: The state’s employment numbers also […]
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