Foreclosures can present good deals, but that means currently-owned real estate receives downward pricing pressure. In this current real estate market, there are many foreclosures available and I have experienced a lot of activity, including being part of multi-offer scenarios, which help increase offer prices. So showing the foreclosure numbers and trends can help you catch a good deal and also get a feeling of the general foreclosure activity in this market.
You can see that Oklahoma is faring pretty well in comparison with other states.
For additional foreclosure or non-foreclosure real estate information, please contact me.