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#247803 - 09/03/08 10:55 PM buying , holding , selling
urban Offline
Junior Member

Registered: 09/03/08
Posts: 4
Loc: okc
Is the market right for investing in Okc real estate?

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#247830 - 09/04/08 01:19 AM Re: buying , holding , selling [Re: urban]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5330
Loc: georgia
Couldn't tell you but in Ga it's the best it's been in almost 20 years.

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#249649 - 09/14/08 04:08 AM Re: buying , holding , selling [Re: super realtor]
jamesww Offline
Member

Registered: 06/26/08
Posts: 69
Loc: Houston, Texas
I am in Houston but have heard from other ERA brokers that OKC is a good place to put your money right now.
_________________________
August 2008 houston housing marketshows single family inventory is down over 2%. The Houston Homes Market once again had stable average and median home prices.
Check out pictures of the damage caused by Hurricane Ike at the Houston Real Estate Forum.

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#249707 - 09/14/08 04:18 PM Re: buying , holding , selling [Re: jamesww]
Nat_Ferguson Offline
Member

Registered: 09/10/08
Posts: 31
Loc: Southern California
I imagine that there are areas that are good for investing and others that are not. Surely investing in OKC is like every other state, it a house by house, neighborhood by neighborhood basis. Find a local Realtor who handles the most business, likely and REO Agent and pick their brain about the market.
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#251925 - 09/26/08 11:44 AM Re: buying , holding , selling [Re: Nat_Ferguson]
Ryan O'Neill Offline
Member

Registered: 06/16/08
Posts: 100
Loc: Minneapolis, Minnesota
As we know, real estate investing is a long term game. Supply on the MLS is still high, and prices are historically low. If you have time on your side (I would say at least 3-5 years), investing in real estate is a great long term way to build wealth.

Here in the Minneapolis market, we are seeing so many homes for sale it is crazy! And the rental market is strong and getting better every day with the increased demand.

Long story short...I don't know your market specifically, but I am sure there are many similarities to our Minnesota real estate market. We tell our investors to find a nice condo, townhome, home, duplex....rent it out and hold onto it.

Thanks again for your post!
_________________________
Minneapolis MLS Minnesota MLS Listings - Find MN MLS home listings in Minneapolis, St Paul, MN
MLS Minnesota - Single family home, condos, townhomes in Twin Cities, MN

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#251947 - 09/26/08 01:53 PM Re: buying , holding , selling [Re: Ryan O'Neill]
Mark Brian Offline
Member

Registered: 11/08/07
Posts: 109
Loc: South Carolina
Ryan, you could not be more correct. If looking at residential properties, and they will cash flow and are the type of properties that will be easy to rent-why wouldn't you buy?

The general public is scared, and rightly so until we get the economy back on track. But by the time many will be comfortable to start buying again, the pendulum will have swung the other way and the great deals of today will be gone.
_________________________
Mark Brian Silver Star Real Estate LLC
Anderson South Carolina
Anderson SC Real Estate

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#251981 - 09/26/08 05:16 PM Re: buying , holding , selling [Re: Mark Brian]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 5330
Loc: georgia
People fear what they do not know.If you take the fear out of the decision making process by doing the research and having a pulse on the market you will make a calculated decision in your favor.

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#255896 - 10/20/08 10:05 PM Re: buying , holding , selling [Re: super realtor]
Viktor Offline
Member

Registered: 09/23/07
Posts: 408
Loc: Plano, TX
Check the market with a Realtor and then decide. If you are looking for a long term investment so any time is good if you buy smart. If you would like to flip, just research the market very carefully and then take an action.

Good luck!
_________________________
Viktor Taushanov
Coldwell Banker Residential Brokerage
Plano, TX
www.planorealestateadvisor.com
www.planorealty.blogspot.com
viktor.taushanov@cbdfw.com


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