Home Prices Are Not Falling
During the fourth quarter of last year, some housing experts projected Oklahoma home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts abou
![Explaining Today’s Low Housing Supply [INFOGRAPHIC],Jen Kelsey](https://img.chime.me/image/fs/chimeblog/20230930/16/w600_original_fb17ffe8-2a4c-42f4-bcda-6f2626de74c6-png.webp)
Explaining Today’s Low Housing Supply [INFOGRAPHIC]
Some Highlights Wondering why the supply of Oklahoma homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents know
Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon
You might remember the housing crash in 2008, even if you didn't own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there's good news – the Oklahoma housing market now is different from 2008. One important reason is there aren't enough homes for sale.
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