Oklahoma Mortgage Rates
Buyers and investors need not look further than Oklahoma to find some of the country's most affordable real estate. The state's property market is holding its own, this partly due to its low housing costs and diverse housing choices. As Oklahoma's economy continues to diversify, a continuing influx of residents is projected for at least the next ten years. Some of the cities expected to appreciate are Oklahoma City, Tulsa, Edmond, and Norman. In Tulsa, where the economy is buoyed by a number of lucrative industries such as technology, aerospace and telecommunications, buyers will find single family homes under $50,000- a bargain rarely offered in other states. The bulk of Tulsa's new development is centered in South Tulsa, a city brimming with residential and commercial activity and paving the way for a bright future. Tulsa's ranking as one of the top ten cities in the U.S. for traffic flow only contributes to its popularity. The city of Edmond has known the highest appreciation in history, and today, this rapidly-expanding suburb is seeing widespread real estate development. Residents are drawn to its dynamic economy, high quality of life, and vibrant housing market. Norman's west side has witnessed the highest level of expansion with new retail stores and residential developments. Norman and Lawton continue to attract an increasing number of new residents.