According to David L. May, Ph.D., Professor of Economics at Oklahoma City University, the Oklahoma City metropolitan area economy should continue to outperform the nation as a whole for a number of reasons.  Dr. May cites the following reasons for the robust local economy:

1.  The Oklahoma City housing market has remained stable, and prices have not become overinflated as in some areas of the country.  Therefore, the current problems with sub-prime mortgages afflicting some parts of the nation are not really too significant here.

2.  Natural gas and oil are extremely important to our economy.  Energy prices are expected to remain high for most of the coming year, helping to keep our economy strong.

3.  Native American gaming casinos continue to grow and support increased tourism to our area.

As well, the Oklahoma City metro area has a very low cost of living.  All of these factors should contribute to a strong and stable economic picture for Oklahoma City in the near future.

 

 

 

 

 

 

 

 

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Ruth Ann Mertens-Oklahoma City Real Estate

Oklahoma City, OK

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Paradigm AdvantEdge Realty

Address: 16301 North May Avenue, Edmond, OK, 73013

Office Phone: (405) 348-4422

Cell Phone: (405) 255-6770

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Information about real estate in northwest Oklahoma City and Edmond, as well as the west OKC area, including Deer Creek, Piedmont, and Yukon. News and other helpful info about Oklahoma City, as well as general comment and discussion about issues in the field of real estate.


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