Blog | Joe Pryor

+ Oklahoma real estate investing basics

Investing in Oklahoma City real estate can be profitable but there are a few basics that everyone needs to analyze and I always go over this with my investors before they do a contract. So here a few basics that I believe are always true when investing in Oklahoma City real estate or buying investment property anywhere. Make your money on the buy: Too often investors concentrate on the end game thinking that appreciation will carry them to wealth but that is not where it starts, in fact appreciation should always be considered the bonus to investing. You make your money by buying the right house in the right location of course, but how about starting off with equity? When I … Continue reading →

Posted By: Joe Pryor 10:13 PM Sunday, March 31, 2013 | READ MORE

+ Why we do Oklahoma City Home Broker Price Opinions

When a lender wants Oklahoma City real estate valuations on a portfolio of loans or if it is a short sale or foreclosure, often they ask a licensed REALTOR to give them an estimate of value and usually in a 48 hour period. For this the company handling the details for the lender pays the agent a small sum of money to find three active listings and three sold com parables with adjustments made for condition, year built, number of rooms and garage size among others. Sometimes the lender wants also an interior valuation which is a more complex and detailed price so why would a busy and successful real estate agent want to do this when their time is … Continue reading →

Posted By: Joe Pryor 11:01 PM Sunday, March 17, 2013 | READ MORE

+ Oklahoma City real estate investing and accurate analysis

Posted By: Joe Pryor 8:08 PM Monday, March 11, 2013 | READ MORE

+ Why real estate investors are buying in Oklahoma City-Part 2 the fundamentals

In the last blog post about Oklahoma City real estate investment I talked about market fundamentals and why in this housing recovery investors are shifting from the distressed market areas to the solid and predictable markets like Oklahoma City. Today i want to talk more about our city to give you the reasons for you to follow this trend because of the fundamentals of our economy. Linear investment markets: There are three types of markets, cyclical markets like Florida, hybrid markets like Arizona, and linear like Oklahoma. The first historically has ups and down movements, the second can have stability then wild swings, and the third stays mostly constant within a range. Oklahoma City is this and it reduces the … Continue reading →

Posted By: Joe Pryor 10:56 PM Saturday, February 23, 2013 | READ MORE

+ Why real estate investors are buying now in to Oklahoma City

Why would real estate investors be flocking to cities like Oklahoma City? When the housing industry collapsed in late 2007, by 2008 some values in areas like Florida and Nevada had dropped 80% overnight, the smart cash money started to buy up what they could find once the properties got through the foreclosure mill, and the foreclosures just kept coming. Oklahoma City in contrast had a market correction of around 5% and up to 10% in lower priced areas, so it was understandable why we were off the map for investors looking at deals. Now things have changed and here are the reasons why. The Mini Bubble Forming: Investors have been driving the housing recovery so far. Home ownership for personal … Continue reading →

Posted By: Joe Pryor 10:13 PM Wednesday, February 20, 2013 | READ MORE

+ What’s ahead for Oklahoma City real estate investment

Investing in real estate is what has driven the real estate market since the start of the 2007 housing crisis, and it is still driving it now. Oklahoma City did not participate in large measure to this in the first few years because our market did not melt down. Since we had no bubble here our losses were minimal so you can see what cash investors flocked to places like Las Vegas and areas of Florida where prices dropped as much as 80%. Now that inventory has been absorbed and lately there has been talk of a new mini bubble occurring in these areas because too many investors are getting in those markets now which is too late and this … Continue reading →

Posted By: Joe Pryor 8:12 PM Monday, January 28, 2013 | READ MORE

+ 400 Ridge Rd Edmond Oklahoma home for sale

Schedule a Showing/Request Info Edmond Homes For Sale Search All Homes For Sale Oklahoma City Homes For Sale Deer Creek Homes For Sale Mustang Homes For Sale Free List of Foreclosed Homes For Sale Avoid Foreclosure What is your home worth? Joe Pryor Redbud Realty & Associates 405-590-2135 Questions?Schedule a Showing! MLS#: 509412 Licensed In:Oklahoma License #:104556 Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 400 Ridge Rd. Edmond, OK Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Virtual Tour Just Listed Edmond Oklahoma home for sale with pool and pond $ Click for current … Continue reading →

Posted By: Joe Pryor 6:47 PM Monday, January 21, 2013 | READ MORE

+ Edmond Oklahoma home for sale in gated community

Schedule a Showing/Request Info Edmond Homes For Sale Search All Homes For Sale Oklahoma City Homes For Sale Deer Creek Homes For Sale Mustang Homes For Sale Free List of Foreclosed Homes For Sale Avoid Foreclosure What is your home worth? Joe Pryor Redbud Realty & Associates 405-590-2135 Questions?Schedule a Showing! MLS#: 509014 Licensed In:Oklahoma License #:104556 Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 15709 Traditions Dr Edmond, OK Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Virtual Tour Edmond Oklahoma Gated Community home on a greenbelt $ Click for current price 4 BEDROOMS … Continue reading →

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