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The Best Time to Buy a House in Oklahoma

If you’re looking to buy a home in Oklahoma, there is a very specific trend when it comes to home prices. During certain times of the year, the prices drop considerably. So, if you time your buy in Oklahoma, there’s quite a lot of savings to be had. Read on to know how to capitalize on this trend.
If you’re looking to buy a home in Oklahoma, there is a very specific trend when it comes to home prices. During certain times of the year, the prices drop considerably. So, if you time your buy in Oklahoma, there’s quite a lot of savings to be had. Read on to know how to capitalize on this trend.

Oklahoma is one of the quietest and most peaceful places in the States and if you want to buy a home where you can relax and have a good time with your family, it’s the place to be. So, it won’t come as a surprise that Oklahoma is a favorite for retirees.

There’s a lot of good news if you want to buy a home in Oklahoma. Thanks to the fair housing policies of Oklahoma, buying a new, modern home with all reasonable facilities will not blow a gigantic hole in your pocket.

Prices do fluctuate depending on the market condition. But, on the whole, you can get a good deal when compared to most other states. However, don’t think for a moment that the state lags behind in facilities. From simple things like shopping centers to education and medical facilities, the state is on par with the rest of the country.

This way, you’re sure all your social needs are catered for when you stay in Oklahoma. This state has also been growing economically with businesses and franchises doing well in almost every sector. Getting a home in Oklahoma is more of an investment since you can sell it later and make some profits.

So, What’s the Best Time of the Year to Buy a Home in Oklahoma?

Obviously, when you’re buying a home, you want to pay as little as possible. While there are a few exceptions, there is a clear trend when it comes to prices in Oklahoma. The best time to buy a home in Oklahoma is in the winter. Prices fall considerably during this time.

The months of November and December record the lowest home pricing in a year. If you’re willing to brave the cold temperature when hunting for a house, there are very real profits to be made.

In December, before the year ends, every home seller will try to take advantage of the festivity season and offer massive discounts. You can even get a good home at some of the posher areas in Oklahoma at a lower price.

That being said, err on the side of comfort than on the side of price. Always consider your family needs and the proximity to the social amenities such as schools, hospitals, and shopping centers before you zero-in on a home and decide to buy it.

The best places to buy a home in Oklahoma

When looking for better deals as a home buyer, make sure you get your dream home within your budget. However, going for cheaper houses or discounted ones doesn’t mean you should sacrifice your needs or some of your wants.

There are plenty of beautiful cities and neighborhoods in Oklahoma that balance comfort and prices effectively. In these places, you’ll get everything that you want, at the prices that you want.

Edmond

If you want a house with a beautiful and spacious garden together with a private driveway, then you should consider buying one in Edmond. Here the homes range from 2-bedroom to 3-bedroom and you can buy a home at very reasonable prices.

Edmond offers the best locality for middle-class Americans, and it also hosts the best schools and shopping centers.

Jenks

Jenks is also another place you might have on your radar, considering that it’s close to the Tulsa’s Airport (popularly known as the Richard Lloyd Jones Airport). This is among the most economically active areas with many businesses in this area.

The average home price here is about $200,000, but you can negotiate and get a better deal.

Bixby

Bixby is a lovely and quiet Tulsa suburb where you can also consider buying and residing with your family. One of the unique features of Bixby city is the balance between peace and amenities. You can live in a quiet neighborhood and yet know that a big shopping mall is just a few miles away.

The people here are also friendly, and there are also various outdoor activities that keep you and your family active and healthy. Your kids will also go to some of the best schools in the area.

Nichols Hills

Unlike other mentions on this list, Nichols Hills isn’t a city. It’s just an area in Oklahoma City. It has a population of just 3,800 people. But, it also happens to be one of the safest places to buy a home in Oklahoma.

The entire neighborhood has excellent safety records is also very close to some of the best schools and hospitals in Oklahoma City.

Stillwater

Despite being a small town in Oklahoma, Stillwater is an area that offers value for your money. The city hosts some of the best facilities and amenities you’d wish to have around you. Houses here are available for rent and being a town, buying a home here is also an excellent investment.

Get a Great Deal on a Home in Oklahoma

As a home buyer, it’s natural that you want the best deal when purchasing a home. However, it’s your effort, and the steps you take that will determine if you will get a raw or the best deal.

Hire an Expert Local Real Estate Agent

If there’s a single most important way to get great homes at great prices, it’s by hiring a real estate agent. And not just any random agent. You should be hiring an expert local real estate agent who has worked in the area for a long time.

A good agent does a lot more than just searching online for homes. They also help you with paperwork and the legal and procedural side of a home purchase. Great agents always know where the best homes are, and more importantly, they know exactly the sort of home that you want.

Evaluate Your Goals and Lay Out Your Needs

Have a sit-down with your real estate agent and determine what you need and analyse your needs against your budgets. It’s important to understand exactly what you want and what you can do without.

It’s from here that your actual house hunt begins. Your real estate agent should now show the exact homes that you need given that both of you now know what your needs are. This way you aren’t spending time looking at houses that you actually don’t want.

Find the Best Lender and Secure Financing

Most people take out a mortgage to finance a home. So, you need to look for the best asset financing loans in the market. It’s important to critically analyze and understand the different financial options and go for the one that will work for you.

In the long run, you should make sure that the payments are manageable. It’s also important to keep a tab on the overall interest that you’ll end up paying.

Negotiate to Get The Best Price

This is where an experienced real estate agent can help you out a lot. Unlike most other industries, there’s no “right price” in real estate. The price you pay for that dream home ultimately rests on how well you negotiate for the property you buy.

Real estate agents negotiate for properties day in and day out. Good agents are great at negotiating on your behalf.

They understand how to bring down the price and they do it well. Make sure that your agent has been in these situations before and knows how to negotiate.

One way to hire a great local real estate agent is to get in touch with a Clever Partner Agent. They are full service agents who will help you with every step during your buy. From paperwork to negotiations — they do everything.

Clever only partners with the very best agents in any given area. This way, you know that the person representing you is one of the best in the business.

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Reuven Shechter

Reuven Shechter is the Outreach Coordinator at Clever Real Estate, the free online service that connects you with top real estate agents to help save on commission. He spreads the word about Clever, disseminating studies to journalists and developing relationships with media outlets. Reuven is passionate about investing in real estate and creating lasting success for families. His writing has been featured in Max Real Estate Exposure, Leverage Marketing, and more.

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