Summary We are starting to see the effects of low oil prices on the Oklahoma City metro area real estate market. Luckily the Oklahoma City and surrounding areas economy is much more diversified than in past oil "busts" so the drop is not nearly as dramatic or devastating as we saw back in the 1980's. In addition, the national economy is very strong right now so that is helping to strengthen home prices in the area. The Tinker Air Force Base complex is booming with business, Boeing Aerospace continues to add good paying jobs to the local economy, our downtown OKC revitalization efforts have … Continue reading...