The Oklahoma Real Estate Show: Weekly Housing Market News Blog for Central Oklahoma. Featuring a collection of original content and repost from local providers in central Oklahoma focused on empowering homeowners.
Local housing trends, Networking Opportunities & more
ATTOM Data Solutions, licensor of the nation's most comprehensive foreclosure data released its February 2021 U.S. Foreclosure Market Report. There were a total of 11,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — up 16 percent from a month ago and 77 percent from a year ago. “Extensions to the Federal Government’s foreclosure moratorium and CARES Act mortgage forbearance program continue to keep foreclosure activit
Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%. Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before mak