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Welcome to Prudential Alliance, your source for Oklahoma City real estate.
Over the past 30 years, the median price of existing homes has increased an average of more than 6 percent every year, and home values nearly double every 10 years, according to historical data from NAR’s existing-home sales series. A Federal Reserve study has shown that the average homeowner's net worth is 46 times the net worth of the average renter. Despite this and other research, some potential home buyers are being kept on the sidelines as they react to national media reports about the housing market.
“Nobody buys a home in the national real estate market,” said NAR President Dick Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif. “All real estate markets are local, and buyers and sellers who are thinking about making a move should consult with a Realtor® in their local market to learn about conditions specific to the area. It’s also advisable to look beyond the immediate horizon – real estate has proven itself to be a good long-term investment and a safe, secure way to build long-term wealth.”
In fact, Oklahoma City is the most recession-proof city in the nation, according to a national magazine. Forbes said Oklahoma City has falling unemployment, one of the strongest housing markets in the country and solid growth in energy, agriculture and manufacturing.
It said the city "might not have received the recession memo" and looks to be in the best position to ride out the current economic crisis.
Forbes said the city's key growth areas are in the leisure and hospitality industry and construction.
In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Oklahoma City with my New Listings Notification.
If you own real estate that you're thinking of selling, I would be happy to provide you with a FREE Home Evaluation.
I am a full time Realtor. I have my phone on from 8am til 9pm so that if you need to get ahold of me you can. I pride myself in doing my best job for you so that I will earn your referal business. I specialize in first time home buyers who have lots of questions and need answers. I also work with investors. I have rental property and can help others in this adventure. Please note although I do not believe in get rich quick schemes, real estate has been a long standing resource for wealth generating income.
I feel that education is a powerful tool; therefore, I volunteer at Neighborhood Housing Services. I help to teach a first time buyers class on a rotation. If you are looking for a good class I would highly recommend calling them at 405-231-4663 (HOME). Grant money for downpayment assistance may be available for those who qualify. I work with various lenders who have various loan programs who have several loan programs to get you into a home with little to no money out of your pocket. Ask me about RD loans and VA loans which do not require a downpayment. |