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Welcome > Local Info > Local Market Information ...

2011 Oklahoma City Metro Real Estate Market

Real Estate Market Chart by Altos Research www.altosresearch.com

What is an MAI?

In this case, the MAI is something developed by Altos Research to determine at a glance whether it is a buyer or a seller's market by calculating supply and demand. A score above 30 means that the demand is fairly high, creating a seller's market. Below 30 indicates that it is a buyer's market.

Obviously Oklahoma City encompasses a large area. For more detailed market updates, email us at theallengroup@sellingoklahoma.com or call us at 405-509-9350!

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Real Estate Contracts >Clean Contracts

"Clean" is a term that is often used to describe an offer on a house. A "clean" offer does not refer to the price of the house, but to the terms of the agreement. If you really want a particular house, the "cleaner" you can make your offer, the better.

What are the characteristics of a clean contract? A contract is considered "clean" when the buyers are paying cash or are clearly qualified for a mortgage, the sale isn't contingent on the sale of another home, the buyers don't ask the sellers to carry any of the financing, and if the closing date coincides with the sellers' needs. A clean contract doesn't have any unusual requests for repairs or insistence that certain articles convey that would not ordinarily stay in the house. A clean offer has an important competitive edge if you are offering less than full price or if you are in a situation where there is more than one offer on the property.

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Q	What is the role of the U.S. Housing Authority?
A	Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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The Allen Group, REALTORÂŽ, real estate agents and broker for Northwest Oklahoma City, Deer Creek, Edmond Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Chris Allen
The Allen Group
3600 N.W 138th
Suite 102
Oklahoma City, OK 73134
Phone: 405-509-9350
Toll Free: 1-877-Buy-OKLA
Email: theallengroup@sellingoklahoma.com
Results Count! The Allen Group, under the direction of leading Realtor and Broker Associate Chris Allen, has a proven track record in Edmond, Deer Creek, Oklahoma City, Nichols Hills, Piedmont, Yukon, Mustang, Moore and Norman for consistent results. Customer Satisfaction is our #1 Priority, says Chris, a native Oklahoman and graduate from the United States Air Force Academy. Our team has developed a solid reputation for delivering personal and professional service through hard work, integrity and commitment to our clients. We know the Oklahoma market from historic homes to new construction and acreage homes. We can even custom build your dream home! Every person has unique needs. We tailor our services to each client, getting to know them on a personal level and making the real estate transaction a fun and enjoyable one, say Natalie Bratton, one of The Allen Groups top Buyers Representative.

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