The housing recovery has been an interesting road since bottoming out just a few years ago. Still to this day, the real estate market is one of the most heavily debated areas of the economy. While the national scale has shown growth in the real estate sector, each individual market tells a slightly different story. So what does the Oklahoma City market say for homeowners, buyers, sellers and investors? The market is certainly headed in the right direction, according to Realty Trac. Rapid price gains in Oklahoma City are among markets like Seattle, San Francisco, and Denver.
A concern for this areas as the housing markets strengthen? The affordability. Oklahoma City, for example has always been a fairly affordable area, but as the homes begin to cost more, it puts other industries in line to rise too. So what can you do? Moving to Oklahoma City is going to get increasingly tighter as a market in the coming months, so your best bet is to look now rather than later.