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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Elgin, Oklahoma

Reported by Julie Bridges, REALTOR

Updated February 1, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Wow where did the month of January go! The market has been slower which is typical for this time of the year. If you have been on the fence about buying a home now is the time. Interest rates remain low. If you need recommendations for lenders in our area just give me a call. The real estate market remains steady with homes selling in the rural area. Lots of homes to pick from in various price ranges. Give me a call if you are ready to buy or sell. Elgin, Oklahoma is a great place to live with lots of people moving to our area. I am looking forward to helping families find a new home in our great community. Homes under $100,000 and below $239,000 continue to move quickly. The rental market remains great with few rentals available in the rural area. If you are needing a rental check out our website Elgin-Realty.com. If you know of someone looking to buy or sell a home in Southwest Oklahoma please send them my way.

The strongest portion of the market is the new construction market under $239,000 and homes priced under $100,000. Inventory is good with lots of new homes being built. New homes are on the market less than 6 months with used homes being on the market a bit longer but if priced right usually sells in less than 6 months. The key is pricing the home right to sell quickly.

We at Elgin Realty would like to welcome the incoming soldiers and their families. Elgin is a great community and I would love the opportunity to show your family around the area.

ZIP Code: 73538

Location Characteristics: The Elgin/Fletcher/Sterling/Apache/Cyril area enables you the opportunity of small-town or rural living with a very short commute to the Lawton/Ft. Sill area. Good schools, large selection of churches, needed amenities and wonderful people only enhance the living experience available from this scenic area of Southwest Oklahoma. Elgin is located off Interstate 44 and is just a 45 minute commute to Oklahoma City or Wichita Falls, Texas.

For More Information:

View Market Conditions of other areas served by Julie Bridges

Navigate: Top > Oklahoma > Elgin

About Julie Bridges:
I am a resident of Elgin having lived and worked in the area the past 14 years. I promise to work hard for you in selling your home or finding that perfect home to purchase. Please feel free to call me anytime for your next real estate transaction. (580 695-3883


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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