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 the Federal Reserve decided to raise interest rates. Rates to borrow money to purchase a home are now double what they were in the preceding two years. That has severly reduced demand and buying power. Much by design.
However, there is still a thriving market for long term investors. At Sparrow House Buyers, we’re always looking to help Oklahoma City families unload an unwanted property, take on a problem rental or accept a property that needs repairs. Don’t go it alone. Don’t let your property go into foreclosure or let the home be auctioned by the county due to delinquent taxes. Let Sparrow House Buyers help you buy purchasing your Oklahoma City area home. We love to purchase homes in Oklahoma County and Canadian County, Cleveland County and Logan County. Sparrow House Buyers is a local OKC problem solver you can trust.
Call us today at 405-403-9344.