The 2024 Frenzy is Here

Dated: March 27 2024

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The frenzy is here! We have seen a mad rush of buyers just in the past week all around the Oklahoma City metro with a large chunk of properties going under contract after just a few hours on the market.

 



Get ‘em while you can!

The numbers above show the percentage of houses around the metro that were both listed and put under contract last week. These kinds of percentages are usually reserved for a price range like $200,000 and below, but the important thing to note is that this range goes up to $500,000. In Moore and Newcastle last week, sellers listing a property under $500K had better than a 1 in 3 chance of going under contract!



What it means for you!

This is a dream market for sellers. Now is a great time to get your property listed to take advantage of the major buyer pool. Buyers need to be knowledgeable and prepared for their specific market they are looking in right now. If the Fed reduces interest rates in May, this is going to get a lot more wild. Hold on tight!

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Kaelyn Squires

I was raised in Norman, Oklahoma.  Growing up in the Oklahoma Metro allowed me to understand all kinds of people and to get familiar with the areas.I have tried a few different career paths in my....

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