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Updated about 6 years ago, 11/13/2018
Seasonal variation in OKC rental market
It's a familiar point that generally speaking real estate is a strongly seasonal market, with demand higher in late spring and summer and weaker in late fall and winter. Some particular markets are exceptions to this. In places were job-related cycles are unique, for example, different patterns may emerge.
My question to the experts is how strong the general seasonal trend holds true in OKC in particular for rentals. Are there any factors that flatten out demand? Or any that exacerbate it? For example, I heard one local RE professional say that Jan/Feb are especially dead for rentals in OKC because there are ice storms.
Thanks, interested to hear any thoughts on this.