Continually, the central Oklahoma real estate market is where to be -- We are happy to help you find a home in Oklahoma City all the way North to Edmond, Deer Creek, or Guthrie all the way South to Moore and Norman. Or even East to Choctaw, Del City/Midwest City or West to Yukon or Piedmont. When you see everything that is going on around the country, it is refreshing to see our market has remained stable.
Buyers still have an opportunity to make a purchase on a home with great interest rates. To start your own search today -- it's just a click away. Just touch OKHomeSearcher for quick access to ALL Oklahoma City Metro Area Listings. Or you can try something old fashioned like calling our toll free number 800-579-1992 or local 405-330-2777. Hope to hear from you soon.
The Local market continues to remain strong compared to other regions in the U.S.
This is from our lending partner Ted Clay at WR Starkey on January 20th, 2011:
Are we there yet? Well, Europe looked better this week as the bond auctions for Spain and France went well. Unemployment claims came in well below prior levels. The S&P showed its best yearly start in 15 years, AND even Bank of America surprised the financial markets with a great 4th quarter. Even so, we won’t be out of the woods until Europe goes through its version of a chapter 13 bankruptcy. Until then, we will continue our slow but steady recovery. What most don’t realize due to all the negative news is the positive aspect of our current real estate market. The key is perspective.
It’s understandable that you long to be back in 2007, but do you realize that today’s rates allow you to buy approximately 25% MORE home for the same monthly payment than you could in 2007? In 2007 let’s say your budget would buy a $300,000 home. Now that SAME budget buys a $400,000 home. Granted you’ll take a discount when you sell your current home but you’ll get that same discount on the next home you buy…ONLY NOW rates allow you to buy a home worth 25% more! You are actually better off than in 2007!
So, you can either focus on the negative and live in the past or you can see the incredible value that is out there right now and grab it. The key is perspective. We have low inflation, real estate values stabilizing and more buying power than I have ever seen in my lifetime. The choice is up to you.
This week Freddie Mac’s 30 year fixed rate survey came in at 3.88% depending on program, credit and points.
- NUMBER1EXPERTS™ 
