In my previous article Become a home owner NOW! Don't wait for better rates! I wrote about the changes in rates and house prices and how they affect the total monthly payments.
There is no advantage in waiting for a better deal!
With the rates going up the consumer is actually getting hurt by media speculations in order to hike their ratings. The sub-prime lending crisis pertains only to about 5% of real estate market! The economy is in good shape; let's hope that we can solve our energy crisis soon and start drilling in ANWR! For more information about our state's economy go to Oklahoma is No1 recession-proof city!
Last quarter house sales in Yukon and Mustang areas:
|
TOWN |
YUKON |
MUSTANG
|
|
Report Period |
04-01-2008 to 06-31-2008 |
04-01-2008 to 06-31-2008 |
|
Units Sold |
126 |
236 |
|
Average List Price |
$148,582 |
$156,973 |
|
Average Sale Price |
$146,904 |
$154,171 |
Have a Happy Independence Day!
You have a friend in the business - I listen, work, research and DELIVER!
To find your new home and for more information visit my website: www.BestOklahomaHomes.com
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