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Author: Ben Scott

The CPI data cooled even though shelter inflation is lagging

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In the real estate space, so much of the activity is centered around interest rates. Rates were low thanks for Covid but spiked in summer 2022 due to sky-high inflation. Today’s inflation data has shown that the peak growth rate of inflation is behind us. This should also mean mortgage rates hit their highs. The … Continued

Understanding the Foreclosure Process in OK

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Understanding the foreclosure process in OK is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in OK What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Why Inheriting a Home in Oklahoma Can Be a Hassle for Siblings

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When siblings inherit a home together, complications are apt to arise, so it’s wise to forearm yourself about how to deal with the possible issues or avoid them altogether. For example, dividing an estate among two or more siblings, especially at such a highly emotional time, can be challenging if there are disagreements or a … Continued

What’s In Store For The Housing Market in 2023?

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We’re coming off a wild time in the Oklahoma City housing market and the housing market in general. Fueled by low interest rates, the last two years were a frenzy of appreciation, wacky offers and folks offering on homes sight unseen just so they wouldn’t lose the home. That all changed in June 2022 when … Continued

Three options for Repairing you home’s foundation

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So, you’re having issues with your home’s foundation. You know it needs to be repaired, but you don’t know where to start. Well, you’re in luck! In this blog post, we’ll be exploring three different options for repairing your home’s foundation and how they can benefit your house’s structural integrity.   Concrete Pilings One of the most … Continued

Why it Pays to Quickly Sell Your Inherited Home in Oklahoma City

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While close friends or family members may have had the best intentions when they left their house to you, the reality doesn’t always work out favorably for the benefactor. Many who inherit a home have no interest in living on the property. For others, it’s too emotional for them to be in the house, or … Continued

Oklahoma – The Land Of Opportunity

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Oklahoma recently ranked 10th on the list of states with a net gain or loss in population from July 2021-June 2022, according to the US Census. Bureau. Oklahoma City gained 26k+ more residents than it lost during that 12-month period while states like California (lost 343k) and New York (299k) saw a decline in residents. … Continued

5 reasons this isn’t a repeat of the 2008 housing crash

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Many homeowners are still haunted by the 2008 housing crash when property values collapsed and foreclosures spiked. Oklahoma City housing was relatively stable but the tremors of the overall housing market were felt in the Sooner State. The memory of sudden catastrophe at a time when the real estate market had been riding high may … Continued

How Do I Sell My House Without An Agent in Oklahoma City?

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If you’re looking to sell your house or investment property in OKC without using a real estate agent, we can help. Not everyone likes real estate agents. Maybe you had a bad experience. Even though we’re licensed agents here at Sparrow House Buyers, we’re not offended! There’s a lot of unethical folks in our industry. … Continued

What’s next for the housing market in 2023?

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The last year has been a completely split housing market — one that started with the lowest inventory NAR has recorded dating back to 1999 and one with low mortgage rates. In the first few months of 2022, primary-residence buyers and second-home buyers (investors and vacation buyers) flocked to the market at a frenzied pace … Continued

I’m Relocating And Need To Sell My House In Oklahoma City

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Congrats on the new job! We hope you’re moving onward and upward in your new career. But the boss needs you at your new job. Like yesterday. Now you have move the family to your new city. Your employers, though, doesn’t have a relocation partner so you’ll have to sell the home yourself. Relocation is … Continued

How to Sell Your Oklahoma City House Fast, Even in a Slow Market

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If you’re concerned about how difficult it might be to sell your OKC house quickly when there is a slow market, fear not; cash investors offer a quick, money-saving alternative to the traditional home sales process. The housing market in 2020 and 2021 was crazy, indeed. Homes selling for over asking price in one day … Continued