When it comes to the housing market, it’s a good thing you’re in Jenks, Tulsa, Broken Arrow, Sapulpa, Sand Springs, or Glenpool. In fact, with the housing market, it’s a good thing we’re in Oklahoma. This was an ad campaign put out by Greater Tulsa Association of Realtors. How true it is, it’s just a good thing to be in Oklahoma. The Jenks/Tulsa area is forecast to be the fifth-strongest housing market for residential real estate in the nation through September 2009. Jenks still remains below the national average in unemployment (4.6 as opposed to 6.5 in comparable months) and net job growth is still reported. We may occasionally have some wild weather but we have a pretty stable economy and housing market. It’s not real exciting; not so many highs or lows, but the Jenks housing market just rolls along with small rises and falls.

This past October, Forbes Magazine said that the Tulsa area is one of the best places in the country to survive the recession. Our Jenks area is also ranked by Forbes as the sixth best metropolitan area for jobs among the 100 largest metro areas in the country based on median income, job growth, unemployment, cost of living and income growth. As of March 2009, our real estate values have actually increased. With the housing market, as of January 2009, the average Jenks home prices have actually increased 10.9% over 2008.

Our Jenks job market is expected to stay stable in 2009 while other areas of the country are not so fortunate. Our cost of living is 11.5 percent below national average.

So Jenks is a great place to be in this time of economic stress and unstable housing markets. Of course it’s always a great place to be. I look forward to bringing you more reasons why Jenks is the place to be.

Posted on Monday, March 16th, 2009 at 1:26 pm and is filed under Housing Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.