How's the Oklahoma area in terms of real estate?

How's the Oklahoma area in terms of real estate?

Oklahoma City, OK · Member since 2016 · 79 posts · 26 votes

Hello investors,

I wanted to get a better understanding of the current real estate situation in my home state. I know some areas are better than others. This made me question if Oklahoma specifically Oklahoma City is currently doing well in terms of business?

Best Regards,

Brian Tran

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Real Estate Agent · Falls Church · Member since 2012 · 2k+ posts · 1k+ votes
10y

Look at how many people are moving to your area(or are they moving away), and how many jobs are projected to be added, and in what industries. this will give you a general sense on if values are going to increase. This is super simple, and you should definitely study how to evaluate different markets to make sound investment decisions :) 

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  • Real Estate Agent · Falls Church · Member since 2012 · 2k+ posts · 1k+ votes
    10y

    Look at how many people are moving to your area(or are they moving away), and how many jobs are projected to be added, and in what industries. this will give you a general sense on if values are going to increase. This is super simple, and you should definitely study how to evaluate different markets to make sound investment decisions :) 

  • Investor · Oklahoma City, OK · Member since 2016 · 48 posts · 31 votes
    10y
    Brian Tran I think OKC is doing alright. Unemployment is up a tick or two due to lower O&G prices, etc. Boeing moved in a few years back. Housing and rental markets seem steady.
  • Investor · Oklahoma City, OK · Member since 2016 · 10 posts · 4 votes
    10y

    Do you mind sharing some of the resources you all have used to assess the market in the ways that you have mentioned? 

  • Deborah BurianPro Member
    Rental Property Investor · Oklahoma City, OK · Member since 2013 · 1k+ posts · 412 votes
    10y

    Lots of competition for property right now and you're not going to get huge appreciation, but we like it here.

  • Rental Property Investor · Tulsa, OK · Member since 2016 · 10 posts · 0 votes
    10y

    Any ideas on what areas around the Tulsa area is good to invest in properties? Owasso, Collinsville, Oologah, Claremore, Broken Arrow, etc.?

  • Real Estate Broker · Tulsa, OK · Member since 2016 · 38 posts · 18 votes
    10y

    @Traolly Xiong, The immediate suburbs of Tulsa; Owasso, Broken Arrow, Jenks, and Bixby are always in demand because of their school systems and their proximity to Tulsa. The others are a little more difficult unless you find a house in Collinsville but it's in Owasso schools. 

    Lastly, midtown Tulsa is always in demand. That is a square between 11th St to I44, from Riverside to Yale. My wife is in residential and I am in commercial, feel free to connect with me and we can help you find some great property. 

  • Rental Property Investor · Tulsa, OK · Member since 2016 · 10 posts · 0 votes
    10y

    Great stuff my man.... Will do... Appreciate the response. 

    Thanks.

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