OKC Home Realty Services

The real estate market in Oklahoma is doing very well. The population in the state has been growing rapidly and with it the job market. This has led to a strong rental market, as newcomers flock to the area in search of work. The real estate market is also benefitting from low-interest rates.  Housing prices in Oklahoma City have increased 13.2% over the past year. The median home cost is $124k, cheap compared to the United States. While prices are increasing, they are still affordable when compared to other states. So if you're looking for a place to buy or rent , Oklahoma City should be at the top of your list!  The  Oklahoma City real estate market is booming , with the number of single-family homes for sale down by nearly 50% compared to last year. The number of renters has also increased, as over 40% of households in OKC rent rather than own. This is due to the high prices and low inventory of homes in the city. However, Oklahoma City offers a great quality of life, which cont

Let us learn about all the affecting risk factors for the Real Estate Market. I'll go over the main factors that are completely out of your control in this article ( of a landlord.) These elements have a significant impact on the performance of your rental properties .   Factors Affecting Real Estate Market   Let's learn about the factors that affect the Real Estate Market .    ·                      Neighborhood   The neighborhood is one of the most important factors that can highly affect the value of any real estate market. Never rush to buy a property where the crime rate is high, always try to check all status of crime in the particular area as the crime rate status from the local bodies covers a large area. This can help to lower the price of the property and any inexperienced real estate investor can get a victim to it.   ·                      Demographic Factor   A population's demographics are quantifiable characteristics. Demographic data includes information su