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The U.S. Department of Justice is proposing a consent order on a Collinsville bank to resolve allegations of past lending discrimination.
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The Oklahoma Legislative Office of Fiscal Transparency released a new report about affordable housing in the state.
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The housing market is showing a split: Sales of existing homes were down last month, but sales of newly built houses were up.
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Tulsa’s North Peoria Church of Christ used to call Greenwood home. That was before I-244 displaced it and cut through historic Black Wall Street. Democratic State Rep. Regina Goodwin represents the area and attends the church, about its legacy and a planning grant to study the removal of the expressway.
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The average cost of a 30-year fixed-rate mortgage jumped to 7.09% this week, the highest in over two decades. Rising interest rates have put homes out of reach for many would-be buyers.
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On Monday, Edmond City Council met with a full room of residents and representatives ready to speak on the housing assessment conducted by the company Development Strategies.
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The average monthly asking price for a studio apartment in OKC this year is $953. One-bedroom rents averaged $932 per unit. For two-bedroom units, average monthly rent is $950 and for three or more-bedroom units, rents average $993.
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The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.
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In Oklahoma, 1 in every 766 households are facing foreclosure — ranking the state 15th in the country for homes that could be impacted in the near future.
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These last few months have been a difficult time for homebuyers in the state, and many are faced with a tough decision: buy or wait?