A record number of apartment deals in Norman in 2021 was the result of rising rent and home purchase prices and inflation, as investors saw the pandemic to be an
In the Oklahoma City metro, there were 78 sales of properties that exceed 25 units for a total sales volume of $961.8 million, far surpassing the previous record.
California investors trade townhomes in the Oklahoma City area oklahoman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oklahoman.com Daily Mail and Mail on Sunday newspapers.
Oklahoman
Jake and Kristin Fisher started out their marriage by buying a house because they didn’t know any better. We felt like that was what we were supposed to do, Jake Fisher said. That s what a married couple did.
Now they rent an apartment by choice.
Others may feel “stuck” in an apartment while home prices spike across the Oklahoma City area. In the past year, prices jumped 15%, according to the Metro Association of Realtors.
But apartment rents have risen here no more than usual, with one-bedroom units up 3.1% and two-bedroom units up 2.5% year over year, according to Capstone Cos.