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Inside: How OKC Real Estate Market Is Now Among Tops In The Nation
2008
Inside: How OKC Real Estate Market Is Now Among Tops In The Nation
50 ¢
DTT BLOG
It’s About More Than Just Your Payment
May 18, 2008 - Bart Bartholomew
For most people, the biggest investment they will ever make is the purchase of their home. However, … It’s About More Than Just Your Payment
No Crisis Here.
May 09, 2008 - Jim Schuff
We all know we’re in a housing and mortgage crisis, right? Well, not here in Oklahoma…we’re “Defying … No Crisis Here.
Oklahoma Still Rising
May 02, 2008 - Caleb McCaleb
I am presently at my Builder 20 meeting for NAHB in Washington DC. The economist for NAHB … Oklahoma Still Rising
Perceptions, Realities, & No-Brainers
Apr 28, 2008 - Mark Dale
As I read and view the "Defy the Trends" presentations, I am struck by a couple of … Perceptions, Realities, & No-Brainers
It’s Time For Some Remedy
Apr 18, 2008 - Jeff Click
I think the Oklahoma City housing market has a fever. Unfortunately, the cure ain't " It’s Time For Some Remedy
Validation
We've been saying it all along. But now, we don't have to...others are saying it for us.
Value
The term "strong home values" in Oklahoma doesn't just refer to good old fashioned family principles. But don't take our word for it.
Timing
Time is money. Now is a great time to buy and sell homes in the Oklahoma City Metro. The clock is ticking!
Economy
Would you seek shelter here in Oklahoma City if there was a tornado warning in California? Precisely. It's an economically bright, sunshiny day here in Oklahoma.
Energy
Save both money AND the environment with a new home built with products and techniques that are remarkably efficient, and can help off-set high gas and energy prices.
Mortgage
Combine Oklahoma City's low cost of living with near-record low interest rates, and that means lower payments when you buy your next new home!
Oklahoma Still Rising
May 02, 2008 - Caleb McCaleb
I am presently at my Builder 20 meeting for NAHB in Washington DC. The economist for NAHB gave us a detailed city specific analysis yesterda. While the nation as a whole is in a terrible real estate downturn, there are markets that have bottomed and are set to rise. He was emphatic that OKC is one of those markets ready for take off.

See the slides below for his reasoning.


The main reasons are steady appreciation in real estate, minimal exposure to the subprime mortgage mess, inventory of existing and new homes for sale coming to a 6 month balance and good job growth. He sees new home starts turning up in OKC by the end of the second quarter 2008.




Caleb McCaleb is a builder, developer, and owner of McCaleb Homes. He is a COHBA Past-President and was the 2007 COHBA Builder Of the Year. He appears in the "Economy" video for the Defy The Trends campaign.
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MORE GOOD NEWS
America’s Recession-Proof Cities
Forbes ranks OKC as the #1 most recession-proof cities in the country! America’s Recession-Proof Cities
Sky isn’t falling in Oklahoma
"...Step away from the TV and go outside and look up." Sky isn’t falling in Oklahoma
State home sales shine
The Oklahoman's latest on OK's real estate market State home sales shine
Home sales don’t compare to sluggish pace of 1980s
Pace and value remain strong in OKC. Home sales don’t compare to sluggish pace of 1980s
Where the housing boom goes on
CNNMoney.com names OKC 1 of 11 "Bust-Free Markets". Where the housing boom goes on
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