Welcome to today’s real estate news! In Washington County, the housing market is experiencing growth, with the median home price reaching $231,500 in February, marking a 2.9% increase from January. This surge reflects a significant 31.7% jump compared to the previous year. Explore more about the dynamic real estate landscape of Washington County and its broader implications for Oklahoma and the United States. Additionally, discover why Moore, Oklahoma, has become a top choice for first-time homebuyers, ranking No. 8 among the top housing markets in the country. Learn about the city’s resilience and commitment to rebuilding stronger after devastating tornadoes. We also bring you news on how the U.S. Department of Agriculture is supporting farmers, ranchers, and communities affected by catastrophic wildfires in Texas and Oklahoma. Furthermore, find out about a groundbreaking initiative aiming to unlock homeownership for first responders and teachers through a new home loan program. Lastly, don’t miss the opportunity to explore Hawks Landing, a charming new-construction community in Owasso, Oklahoma, offering exclusive homesites and a close-knit environment. Get ready to make Hawks Landing your new home!
Washington County home listings asked for more money in February – see the current median price here
In Washington County, the housing market is showing signs of growth with the median home price reaching $231,500 in February, marking a 2.9% increase from January’s $225,000. This surge represents a significant 31.7% jump compared to February of the previous year, when the median was at $182,000. The homes listed in the county averaged 1,868 square feet, priced at $111 per square foot, which itself has risen by 14.9% from last year. Despite a slight slowdown in the pace of sales, with homes staying on the market for a median of 65 days, the demand remains steady. However, new listings have slightly decreased by 3.4% with 56 homes entering the market this February. This snapshot offers a glimpse into the dynamic real estate landscape of Washington County, reflecting broader trends seen across Oklahoma and the United States.
Discover more about Washington County’s housing market trends here.
The Oklahoman
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Moore is a top 10 market for first-time home buyers. Is post-tornado development a cause?
Moore, Oklahoma, has emerged as a beacon for first-time homebuyers, ranking No. 8 among the top housing markets in the country, according to Realtor.com. This recognition isn’t just about the affordable and diverse housing options available; it’s also a testament to the resilience and community spirit that has defined Moore, especially in the wake of devastating tornadoes. The city’s commitment to rebuilding stronger and safer has not only attracted national retail chains but also created a robust market for starter homes. With enhanced building codes and a variety of homes on offer, Moore offers a unique blend of safety, affordability, and convenience, making it an ideal spot for those looking to plant roots for the first time.
Discover why Moore is a top choice for first-time homebuyers
USDA Assists Farmers, Ranchers and Communities Affected by Catastrophic Texas, Oklahoma Wildfires | Natural Resources Conservation Service
In response to the devastating wildfires that have scorched approximately 1.3 million acres across Texas and Oklahoma, Agriculture Secretary Tom Vilsack has announced a comprehensive support plan from the U.S. Department of Agriculture (USDA) to aid recovery efforts for farmers, ranchers, and affected communities. With over 200 USDA Forest Service personnel already on the ground and various program flexibilities and assistance in place, the USDA is committed to supporting the long road to recovery. This includes emergency loans, compensation for livestock and crop losses, and specific programs aimed at rehabilitating farmland and forestland. Additionally, the USDA is providing $6 million in EQIP funding for wildfire recovery in Texas, showcasing their dedication to helping rebuild operations and conserve water resources. The USDA’s efforts underscore their commitment to aiding those impacted by natural disasters and ensuring a resilient agricultural sector.
Learn more about how the USDA is supporting wildfire recovery efforts
To Unlock Home Ownership for First Responders and Teachers, King Cosponsors Bill to Create First-Time Home Loan Program without Down Payment Requirement
In an effort to address the affordable housing crisis across America, including Maine’s shortage of over 84,000 homes, U.S. Senator Angus King has joined a bipartisan initiative with the introduction of the Homes for Every Local Protector, Educator, and Responder (HELPER) Act. This groundbreaking legislation aims to support public service providers such as law enforcement officers, firefighters, medical first responders, and teachers by establishing a new home loan program that eliminates the need for a mortgage down payment. This initiative not only acknowledges the invaluable contributions of these professionals to our communities but also strives to ensure they can afford to live in the areas they serve. With housing challenges stemming from historic underproduction, aging stock, and high demand, the HELPER Act represents a significant step forward in making homeownership more accessible for those who dedicate their lives to public service.
3 Bedroom Home in Owasso – $305,500
Discover the charm of Owasso, Oklahoma, with the latest addition to its family-friendly suburbs: Hawks Landing. This new-construction community by D.R. Horton offers an exclusive, one-phase neighborhood with just 70 homesites, promising a close-knit environment. With sidewalk-lined streets, an ideal location about 20 minutes from downtown Tulsa, and proximity to top-rated schools like Stone Canyon Elementary School, Hawks Landing is perfect for families at every stage of life. Enjoy the convenience of nearby restaurants, shops, and entertainment options, along with the beauty of peaceful residential living. Don’t miss your chance to become a Founding Member of this enchanting community. Get ready to make Hawks Landing your new home.