10 November 2003Boomlet SoonerAccording to Assessor Mike Means, home values rose 17.6 percent in Oklahoma County last year, the sort of number one associates with health-care costs or the late, lamented Oil Boom. Mercifully, state law provides that property taxes cannot rise more than 5 percent in a single year. And this provides more justification for buying in now before things get really out of hand. I don't see things reaching the heady heights of, say, Austin, where fairly ordinary boxes just north of the University are now going for more than a quarter of a million, but I'll happily take whatever equity I can get. Linking to this item: |