| Current | Monthly Change | |
| Active Listings | 34 | 0 |
| Under Contract | 4 | +3 |
| Sold (October) | 2 | 0 |
Originally posted on okchomesellers.com
| Current | Monthly Change | |
| Active Listings | 175 | -15 |
| Under Contract | 37 | +2 |
| Sold (October) | 13 | -9 |
Originally posted on okchomesellers.com
| Current | Monthly Change | |
| Active Listings | 87 | -6 |
| Under Contract | 23 | +9 |
| Sold (Sept) | 9 | -6 |
Originally posted on okchomesellers.com
photo © 2008 Jeff Turner | more info (via: Wylio) At lunch today the subject of short sales and foreclosures in Oklahoma City came up. The question was what percentage of our sales are short sale or foreclosure properties.
So I ran the numbers.
This year (through October), 853 sales out of 12,971 in the Oklahoma City multilist were short sales or foreclosures. That works out to 6.6%. This is far lower than I’ve seen in other parts of the country.
Looking at the individual monthly sales, distressed homes ranged from 5% to 9% of the sales. The lower range occurred during the ‘good’ months of March through June. This coincides with the buying frenzy that occurred as the homebuyer tax credit expired. That leads me to speculate that we’ll probably see distressed property rates in the 8% to 10% range in the near future.
On the listings side, distressed properties make up 1.7% of the listings. Today there are 9,018 active properties on the multilist and 156 of those are distressed properties.
So, 1.7% of the listings account for 9% of the sales. That means they’re selling folks!
Signup for a free list of Oklahoma City short sale homes
Signup for a free list of Oklahoma City foreclosure homes
Originally posted on okchomesellers.com
| Current | Monthly Change | |
| Active Listings | 63 | -8 |
| Under Contract | 22 | +10 |
| Sold (Sept) | 3 | -8 |
Originally posted on okchomesellers.com
I am a Realtor with Paradigm AdvantEdge Real Estate serving the Oklahoma City Metro Area including Edmond. Specialist in new homes and luxury properties. Licensed since 1995.
* Certified Residential Specialist (CRS) - A designation and honor awarded by the Residential Sales Council of the National Association of Realtors, the highest designation for residential sales, awarded to only 4% of Realtors Nationwide.
* Graduate of the Realtors Institute (GRI)
* Accredited Buyer's Representative (ABR) - A designation awarded by the Real Estate Buyer's Agent Council of the National Association of Realtors.
*Seller Representative Specialist (SRS) - is the premiere seller agency designation, conferred by the SRS Council, recognizing real estate professionals who have completed special education in seller representation.
* Certified ePro - The only approved internet professional program by the National Association of Realtors. Certified to meet the needs of the connected consumer.
* Certified New Home Sales Professional (CSP) - A designation awarded by the National Homebuilders Association.
Bill has continually pursued excellence in all that he’s done. This began right out of college when he joined the Air Force and worked his way to several ‘Top Gun’ awards as a fighter pilot. As a result he has the ability to remain calm under intense pressure and make rapid accurate decisions. After owning his own business for a number of years, he and his wife, Charlene formed Paradigm Realty in 1995 and Bill entered the real estate business. In 2008, they merged with AdvantEdge Real Estate Group to form Paradigm AdvantEdge Real Estate. He has degrees in business administration from both the University of Oklahoma and the University of Nevada, Las Vegas.
Since beginning a real estate sales career, Bill has again climbed to the top of the profession in a short time. With annual sales volumes of over $30 million and over 100 transactions annually, Bill is among the top agents in Oklahoma City.
Bill provides services to both buyers and sellers in both existing homes and new construction. He also works with developers of new subdivisions, multifamily areas and commercial development. Bill has been a top Realtor since 1996.
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