May 21, 2018

By Richard Mize

House hunting

Western Oklahoma is hurting for houses thanks to recovery in the oil patch, growth at Southwest Oklahoma State University in Weatherford, and a generally strong business climate.

That’s according to the Oklahoma City Metro Association of Realtors, which includes the area in its stats keeping.

People are renting as they spend months waiting for a home partly because investors have bought so many houses and turned them into rentals, the Realtors said.

Weatherford, population about 12,000, has just 65 homes for sale; last spring there were twice as many. New homes are being built, but they’re customs, not for the open market.

(Source)