Oklahoma City real estate market update-June 2017

The last 4 months have been the busiest I have experienced since before 2008. Investors are on the rise in buying Oklahoma City rental property and affordable housing is flying. Inventory dipped accordingly and even higher end homes are seating to sell because of the return of the energy sector to profitability and more hiring. Amazon is now building a large regional facility as well s a sizable office so good things are happening. What I expect to see going forward is more Oklahoma City homes being listed because of the confidence in the economy nationwide as well as local. People don't list their homes if they are doubtful and market confidence is high. Sending sales and closed sales as well as increased volume over last year has happened in every month and we may see a greater than 3% increase in values this year. They Fed is about to announce a new interest rate policy with a quarter point increase predicted but we do not believe that s enough to slow the market. If you are interested in investment property with great cash flow or you are in Oklahoma City needing to sell your home please contact us. I continue to handle only investors but we have agents ready to help you in the normal process of buying and selling. Contact me at joe@joepryor.com.