The real estate market in Southern Oklahoma continues to boom with a limited number of properties on the market, and a much larger pool of people interested in buying. Laci Jo Littleton-Gomez, a realtor with I Sell Houses, described the situation.
“It’s on fire, and there are a lot of shoppers but not a lot of buyers,” she said. “It’s definitely a good time to sell, so if you have a piece of property to list, you can make lots of money. But if you need to sell your house and then purchase another property to move into, you’re going to need to be very strategic.”
According to Tyler Mikrot, realtor with I Sell Houses, the market for land is even more competitive than the market for housing.
“One of the major things driving the price of land up are all of the cannabis farms coming in,” Mikrot said. “There’s a lot of people with out of state money coming in to grow cannabis. They’re able to pay cash; they’re able to pay above list price. So…