Oakland Park

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Whether you are a first time home buyer or trading up to a larger home in Oakland Park, we work to find the best home loan solution in oakland park for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Oakland Park Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Oakland Park, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is your local credit union. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

Oakland Park Florida Overview & Statistics

Oakland Park Overview

As of 2007, Oakland Park's population is 42,384 people. Since 2000, it has had a population growth of 36.87 percent.

The median home cost in Oakland Park is $381,500. Home appreciation the last year has been -6.17 percent.

Compared to the rest of the country, Oakland Park's cost of living is 11.43% Higher than the U.S. average.

Oakland Park public schools spend $5,401 per student. The average school expenditure in the U.S. is $6,058. There are about 21 students per teacher in Oakland Park.

The unemployment rate in Oakland Park is 2.60 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Oakland Park jobs have Increased by 1.66 percent.

Oakland Park Climate

Oakland Park, FL, gets 60 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 120.

On average, there are 250 sunny days per year in Oakland Park, FL. The July high is around 91 degrees. The January low is 58. Our comfort index, which is based on humidity during the hot months, is a 28 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Oakland Park Housing

The median home value in Oakland Park, FL, is $381,500. Home appreciation is -6.17% over the last year. The median age of Oakland Park, FL, real estate is 33 years.

Oakland Park, FL Apartments and Rentals

Renters make up 45.55% of the Oakland Park, FL, population. 6.79% of houses and apartments in Oakland Park, FL, are unoccupied (vacancy rate).

Oakland Park Crime

Oakland Park, FL, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Oakland Park, FL, property crime, on a scale from 1 (low) to 10, is 8. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.oaklandparkfl.org

Oakland Park Real Estate Agents

Florida First Time Home Buyers Grants

Florida First Time Home Buyer Programs

Florida Home Loan