Oklahoma City, Oklahoma tends to fly under most people's radar. Unless you live there and are already personally invested in some way, it's not likely that you pay all that much attention to OKC. It seems, however, that more heads are turning in their direction these days as MarketWatch has named Oklahoma City among the best cities for millennials for good jobs and good homes.
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There’s good news for Oklahoma City: the economic upswing has pulled the market up to new heights. With a $40.2 millions sales tax revenue for August, we’re seeing renewed economic activity thanks to a local uptick.
According to reports, this is the 16th month in a row with positive growth in sales tax revenue for the city, pointing to increased economic activity and buyer confidence.
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If you’re not from the area, Oklahoma City is not likely on your radar. But let us tell you, there are some exciting developments going on in this city. As real estate investors, we believe that there is something valuable and thrilling about really and truly getting to know the cities and markets in which you invest. We’re talking about going beyond dry statistics and charts.
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Over the years, Memphis Invest has slowly diversified the markets in which we operate. As we identify real estate markets that offer an abundance of opportunities for our investors, it only makes sense to grow. From our hometown of Memphis to Dallas and Houston, we’ve now added two new cities to the Memphis Invest family: Little Rock, Arkansas and Oklahoma City, Oklahoma.