OKLAHOMA CITY – Some places people are calling home today have changed in response to market challenges.
“We’re seeing a lot of changes in what people are buying and renting … because of the lack of inventory,” residential real estate investor Angelena Harris said during a recent JR/Now webinar.
Journal Record Editor Joe Dowd moderated the discussion with Harris, managing broker at Spearhead Realty, and Monty Strickland of Realty Experts.
Harris said August listings for single-family homes – which numbered almost 7,000 in 2020 – were down 47% this year to 3,298. Average days on market went from 37 to 17.
Strickland said the pandemic resulted in “one of the biggest real estate boom markets that we’ve ever had.” While home…