GUEST COLUMN: Let’s get moving
By Andrea Salomon, Coldwell Banker Select
As we drive around and see sale pending and sold signs and listen to media outlets, we hear that housing sales are going through the roof.
It’s true! How can that be during a pandemic?
Fortunately, as businesses started opening back up and people were out and about, Oklahomans were ready to sell their houses and buy another.
Did it have anything to do with “staying in”? Who knows but sales are booming!
Houses are not staying on the market for any length of time. In the last three months while out with buyers, I have had to explain to them that if they see a house they like, they have to act on it immediately with no time for contemplation or the house will have a contract or contract(s) on it in the next few hours.
For one of my clients, we looked at a house the day it went on the market. By the late afternoon there were already 16 offers on it! Seriously! True, there are not as many houses on the market right now, but if you are thinking of selling, NOW is the time to do it.
In addition to fewer houses being on the market, the interest rates are incredible. Speaking with Laura Smallen, Vice President Mortgage Lender at Firstar Bank, interest rates are as low as 2.625% on a 30-year fixed rate and 2.375% on a 15-year fixed.
This is extremely rare.
In Jenks itself, as I write this, there are 72 listings pending to close and a median-days on the market of 16 days (Greater Tulsa Area Realtors MLS). Many of those houses in the median price range of $238,000 last 1-4 days before they go pending. Jenks is the place to be, and it looks like it’s the time to sell and buy. If you have questions, please give me a call. I can help get you moving.
Coldwell Banker Select
8909 S Yale
Tulsa OK 74137