Home Industry NewsReal Estate New law breaks down barrier to homeownership

New law breaks down barrier to homeownership

by The 100 Companies

Oklahoma offers homeowners affordability, a booming economy and tax-deductible options. Now, residents can also reap the benefits of homebuyer savings accounts, which became available Jan. 1.

“The number one barrier to homeownership is being able to afford a home,” Oklahoma Association of REALTORS® CEO Jessica Hickok said. “Homebuyer savings accounts will put Oklahomans, especially first-time homebuyers, one step closer to achieving the dream of owning a home.”

Qualified persons include anyone who has not owned or purchased a home in the previous three years. Additionally, anyone can contribute to the savings account, allowing parents to set up funds for their children.

Carolyn Taylor, Jones PR

You may also like

The Oklahoma 100