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Oklahoma House Prices ranked 9th in Appreciation in 2007!

Oklahoma real estate sales were ranked 9th out of all 50 US states in home price appreciation in 2007!. Since the 1980s prices have appreciated in Oklahoma by almost 110%! Some of the cities that gained attention for their real estate values in Oklahoma are Oklahoma City, Tulsa, and Lawton. The Office of Federal Housing Enterprise Oversight (OFHEO) produced an 88 page reports that says Oklahoma real estate sales were number 9 in the list of states that had "...positive four- quarter appreciation" in 2007...". The report has lots of positive information, but it hasn't been widely publicized. The list of states and their ranking by appreciation over 2007 starts on page 25 of the .pdf report. It seems that Oklahoma can still grow, because here are Oklahoma cities and towns that have had price appreciation in 2007!

80% of the United States had POSITIVE appreciation in 2007 according to the chart page 25 and 26 of the report.  And, of the 121 cities monitored in the report, 65% of US cities had appreciation.  Too bad these statistics aren't being widely reported.  This report uses a few different set of statistics to show different aspects of the housing market.

United States real estate still provides one of the best available forms of investment for people looking to grow wealth over the long run. Real Estate professionals should be using blogging, newslettering, pressreleasing, emailing, and any other useful method to get this positive news out!

The report can be found at:  http://www.ofheo.gov/media/pdf/4q07hpi.pdf

Happy Selling and Listing!

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Other OK cities
Moore
Yukon
Norman
Del City
Blanchard
Newcastle
Guthrie
Edmond
Vian
Cookson
Welling
Hugo
Idabel

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Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

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Comments

Heath, thats great news for the state (and home owners) of Oklahoma!

Posted by * Rate A Home (Rate A Home) over 11 years ago

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