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Market stabilizes as home prices level off, buyer activity increases
Our MLS experienced a 23% drop in closings starting in September 2022, and that slowdown grew to a 28.5% decrease by the end of the year. During that time, listing inventory increased 8%, and the time on the market for sellers increased by 20%. As a result, an increased number of sellers have seen the value in the expertise and marketing efforts we provide, and the realtors at Chinowth & Cohen have gained a significant increase in market share
Prices have leveled off, and we have recently seen an increase in sellers negotiating more on their prices. We've also seen a noticeable uptick in sellers offering credits for closing costs or buy-downs on buyers' mortgage interest rates.
It appears more favorable market conditions are on the horizon. Many of our realtors have reported a drastic increase in buyer activity since the beginning of 2023, and we have s...
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Chinowth & Cohen #1 in Oklahoma and #3 in nation for highest producing agents
According to a recent study, Chinowth & Cohen REALTORS® has the highest producing agents in Oklahoma and ranks third nationally.
Steve Murray, senior advisor and co-founder of Real Trends, said Real Trends examined the performance of the largest 750 real estate brokerages in the last ten years, and Chinowth & Cohen has been named among the best performing brokerages in growth of number of agents, growth in transactions, and growth in agent productivity.
Murray said, "I'm a great fan of Sheryl, Lee, Leland, Taylor, and just the entire company."
Now, at more than 700 sales associates, 15 real estate offices, and over $2 billion in annual sales. Chinowth & Cohen continues to dominate the real estate market in Oklahoma as the largest independent real estate company in the state.
Watch the video below:
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$2 BILLION in Sales!
Oklahoma's Largest Independent Real Estate Company Reaches Milestone!
Chinowth & Cohen Realtors ended the year of 2020 by reaching the record-breaking $2 Billion mark in annual sales.
Founded In 2004 by Sheryl Chinowth and Lee Cohen, Chinowth & Cohen Realtors opened the brokerage with only one office and 25 Sales Associates. Today, Chinowth & Cohen Realtors has grown to be Oklahoma's largest independent Real Estate company, with over 800 agents operating out of 15 offices across the state of Oklahoma.
Chinowth & Cohen Realtors is one of the fastest-growing real estate brokerages in the U.S.
Doubling their annual sales since 2018, independently-owned Chinowth & Cohen Realtors domina...