Oklahoma - Real Estate Investor Pulse

Developer Proposes 134-Story Apartment Tower for Oklahoma City

December 21, 2023 kingstu Comments Off

A California developer has proposed an apartment tower for Oklahoma City that would be the second tallest building in the nation. According to a report in The Oklahoman, Scot Matteson has put forth a proposal to […]

Oklahoma County Sheriff’s Office to Hold Online Foreclosure Auction

November 10, 2023 Mariel Alumit Comments Off

The Sheriff’s Office in Oklahoma County, Oklahoma, is partnering with Bid4Assets, an online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale. Oklahoma County’s is scheduled for November 14. Prospective bidders […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]