Oklahoma City real estate market update-June 2017

Real Estate Agent with The Virtual Real Estate Team 104556

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.

Comments (11)

Steven Nickens
Hawaii Life Real Estate Brokers - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Joe very informative market report. Looks like  good to time to buy in the area.

Jun 19, 2017 10:07 PM
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Looks like a great area to invest. Great update on your market!

Jun 22, 2017 04:45 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Joe.... I'm here primarily this morning to give you the boost of a few points to get you on your way to millionaire status! Can't wait to see you in the club!

Jun 22, 2017 05:08 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Joe Pryor It's good to be busy. I hope this help you break the 1MM milestone.

Jun 22, 2017 06:08 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

You are so close to a million. Stopping by to give you a push. Have a good day Joe Pryor 

Jun 22, 2017 06:43 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

Great post and yes we are seeing homes starting to come to market as well as prices rising. Almost there...millionaire!

Jun 22, 2017 06:47 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Joe Pryor buyers and sellers in Oklahoma City should appreciate your efforts in researching and writing this post....job well done.... but everything you do is well done, Joe.

Jun 22, 2017 07:01 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


I am here to add some points to your million point count, And to say that I enjoyed your post, and I am delighted that you have been busy selling up a storm. A

Jun 22, 2017 07:21 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Your video is not working. I tried three times "after trying again later".

I wish AR will send you a T-shirt I am almost a 1,000,000.

Best wishes,

Sam Shueh

Jun 22, 2017 08:21 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate you local real estate market reports.

Jun 22, 2017 08:32 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Kudos on surpassing the Million point mark here at ActiveRain Joe Pryor 

Jun 23, 2017 12:27 PM