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More on Oklahoma City Real Estate Investments
Two days ago I blogged about the 4  Horseman of the Real Estate Apocalypse which was Jobs, Inventory, Foreclosure Rate, and Affordability. Oklahoma City is rated as the lowest unemployment for cities over 1 million population, has a foreclosure sale rate of 4% of sales in 2008, absorption rates of 6 months or less where we sell investments, and is rated as the most affordable city to live in in 2009.
This adds up to stable investment territory. I bought my personal house in 2005, the height of the real estate frenzy so I paid top dollar. Instead of taking a discount as a Realtor, I bought at list price and added items like wood floors and other upgrades. In March I close on the sale of this home with a profit. That is not something you can do in most markets right now, and the home was priced in a bracket where inventory is just above six months. This is an illustration of what is happening here.
We need to invest in something. Ask yourself what you trust in? Bernie Madoff sent out false statements for the last 13 years, Wall Street is hitting new lows, and some banks gave ... more

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